November 22, 2023

Base metal markets across LME are showing signs of surplus

Spot prices for the six key metals that dominate trading on the LME are all at a discount to futures.

November 22, 2023

Guyana Goldstrike scraps copper project buy and name change

The Canadian gold explorer is actively reviewing and evaluating other resource opportunities as it seeks to realign its business strategy.

November 22, 2023

Ecuador-focused Adventus and Luminex to merge

Business tie-up creates a more diversified company with one of the largest copper-gold exploration portfolios in Ecuador.

November 21, 2023

China’s copper premium spikes on demand from renewables industry

The Yangshan copper premium, or the fee traders pay for imported cargoes over benchmark prices on the LME, extended to its highest level in a year.

November 21, 2023

Codelco extracts first ore from Rajo Inca project

Rajo Inca, which is more than 60% built, is set to formally kick off operations next year.

November 21, 2023

Codelco to spend $720 million on Chuquicamata copper mine

Move is part of a plan to bring late and over-budget projects on stream and stop an overall production decline.

November 20, 2023

MMG seals $1.9bn deal to buy Khoemacau copper mine in Botswana

MMG has been hunting for copper assets for more than a year, amid a surge in demand for the metal needed in green energy transition.

November 20, 2023

Canada uncorks $1.1 billion critical minerals fund

First off from a C$300 million pool, applicants can seek up to C$50 million per project, while provincial and territorial governments can apply for as much as C$100 million for…

November 20, 2023

Seabridge wins round #1 of tussle with Tudor over KSM licence

The BC Ministry of Water, Land and Resource Stewardship confirmed there is no basis to cancel the licence under the provisions of the relevant legislation or the terms of the…

November 20, 2023

Copper price rises on growing optimism for an end to Fed’s rate hikes

Investors have been adding to bets that the Fed’s tightening cycle has ended after a series of US data points showed the world’s biggest economy is slowing.