June 28, 2024

China’s copper stockpiles shrink again in hint at demand upturn

Copper has been pulled in different directions by competing forces for much of this year.

June 28, 2024

Biden administration blocks Ambler road in Alaska

The road would provide access to untouched deposits of copper, zinc, lead, silver, and gold in northwestern Alaska.

June 28, 2024

Trump re-election may lead to commodity market fragmentation: HSBC

Commodity markets, already contending with high prices driven by structural supply constraints, also face uncertainties from increased geopolitical tensions.

June 27, 2024

Seabridge reports first resource for Bronson Slope deposit in British Columbia

The deposit is part of the company’s Iskut porphyry project in BC's Golden Triangle.

June 27, 2024

Freeport Indonesia launches $3.7bn Gresik copper smelter to meet renewables demand

The smelter's total input capacity is 1.7 million metric tons of copper concentrate.

June 27, 2024

Chile’s copper miners will need more energy, water to keep up production, Cochilco says

Miners will increasingly get their energy from renewable sources, which are set to make up nearly 80% of the energy supply by 2026.

June 27, 2024

Uzbek copper producer will spend $15 billion to more than double output

AGMK's plans include boosting both mining and ore processing facilities and the construction of a new smelter.

June 27, 2024

China’s Norinco agrees to buy struggling Congo cobalt miner Chemaf

The deal with Norin Mining will enable Chemaf to settle its debts.

June 27, 2024

London Metal Exchange mulls adding warehouse in Hong Kong

The LME is exploring whether to license a warehouse in Hong Kong as it seeks to strengthen services to clients in China.

June 27, 2024

Antofagasta lowers copper treatment fees for some Chinese smelters

The miner has agreed a sharp reduction to copper treatment and refining charges to $23.25 a metric ton and $2.325 cents a pound.