April 17, 2024

Western Copper and Gold raising $29 million for Casino project in Yukon

The company has an arrangement with Eight Capital, on behalf of a syndicate of underwriters, who have collectively agreed to purchase approximately 21.1 million common shares.

April 17, 2024

Codelco to benefit from entry into lithium business, says Moody’s

On Tuesday, Codelco CEO said that the company made progress in negotiating with local communities over lithium mining.

April 17, 2024

Specialist funds cautious on copper rally, says trader IXM

Funds that specialize in metals have been more cautious than other speculators on the rally that sent copper prices to a 22-month peak this week.

April 17, 2024

Russia and China trade new copper disguised as scrap to skirt taxes, sanctions

Russian RCC and Chinese firms have avoided taxes and skirted the impact of sanctions by trading in new copper wire rod disguised as scrap.

April 17, 2024

Aging copper mines are turning into money pits despite demand

Chile’s Chuquicamata is a cautionary tale for an industry beset by rising costs and heightened regulatory scrutiny.

April 17, 2024

Aurubis to grow organically rather than through deals, CEO says

The $700 million facility will have an initial capacity of 90,000 metric tons per year.

April 17, 2024

Traders are already gaming the new Russian metal sanctions

The opportunity lies in massive piles of Russian metal already sitting in the LME global warehouse network.

April 17, 2024

Gold, copper-infused device quickly detects bacteria responsible for food poisoning

The new gold-copper-infused device is expected to be a game-changer when it comes to the shipment of food and pharmaceutical products.

April 17, 2024

Zambia copper mines hit by state utility’s warning of power cuts

The southern African nation, which relies on hydropower for 85% of its electricity generation, is experiencing rolling blackouts amid an ongoing drought.

April 17, 2024

Antofagasta’s Q1 copper output down 11% yr/yr

The company reiterated that it expects output in 2024 of between 670,000 and 710,000 tons.