May 17, 2024

Copper, gold prices close in on records as metals mayhem continues

Copper vaulted toward a record in London and nickel spiked nearly 8%, capping a week of big moves in industrial and precious metals markets as bullish investors pile in and…

May 17, 2024

Billionaire-backed KoBold, Midnight Sun team up for Zambia copper discovery

US-based startup supported by high-profile investors such as Bill Gates and Jeff Bezos, is venturing into Zambia's rich copper belt.

May 17, 2024

Share sales rebound in Toronto as copper, gold surge

Canada’s largest exchange is seeing a rebound thanks to mining firms raising capital.

May 17, 2024

Green chemistry process helps recover noble metals from e-waste

Researchers developed sustainable dissolution methods for extracting noble metals from computers, cell phones, and solar panels.

May 17, 2024

BHP needs to bid about $41 a share for Anglo, JPMorgan says

Anglo American has turned down BHP’s bids twice since April 25, stating the offers continue to considerably undervalue the company.

May 17, 2024

Zijin Mining to produce 50% more copper by 2028

China's top copper producer plans to increase output of the metal by 4% in 2025 and to 1.5.-1.6m tonnes, or 50%, in four years.

May 16, 2024

Biden open to easing sanctions on billionaire Gertler in return for Congo exit

The Treasury Department is willing to grant limited sanctions in return for Gertler relinquishing his royalty streams on three strategic projects.

May 16, 2024

Cochilco raises 2024, 2025 copper price estimates

The commission sees average copper prices this year at $4.30 a pound, from $3.85 a pound before.

May 16, 2024

Fortune Minerals secures $12 million in Canada, US gov’t fundings

To date, Fortune has expended more than C$137 million to advance the NICO project to a near shovel-ready project.

May 16, 2024

CME boosts margins for copper futures after sizzling rally to record

Copper futures hit record highs this week as investors with bearish positions were squeezed.