May 12, 2023 Copper price rises despite fears of slowing demand and rising inventories "The market is on pause, but the bears are still in control," said Al Munro, base metals strategist at Marex.
May 12, 2023 Teck secures regulatory approval for Zafranal copper project The project in Peru is expected to produce an average of 133,000 tonnes of copper during its first 5 years of production.
May 11, 2023 China’s copper woes damp spirits of traders in Asia What’s changed is a slew of data indicating that China’s recovery is losing momentum.
May 11, 2023 Newcrest extends Newmont’s exclusivity period to make binding takeover offer A successful bid would see the two companies merge into by far the world’s biggest gold miner.
May 11, 2023 Ivanhoe Electric buys private land by copper project in Arizona The company is saying it will buy 6,205 acres of private land by its Santa Cruz copper project near Casa Grande, Arizona.
May 11, 2023 Aurubis raises annual profit forecast on strong demand The company has managed energy costs through forward-hedging.
May 11, 2023 Copper price at six month low on weak China inflation data China’s consumer prices rose at the slowest pace in more than two years in April.
May 11, 2023 Sprott backs Seabridge Gold with $150 million KSM smelter royalty The KSM project is the world’s largest undeveloped gold-copper project, when measured by resources.
May 11, 2023 Chile’s mining royalty bill heads for final vote The long-awaited and several times amended mining royalty bill is back at the lower chamber with a vote expected next week.
May 10, 2023 Column: Copper’s anticipated supply surplus is proving elusive Copper usage appears to be growing faster than previously forecasted, while mine supply is yet again failing to live up to expectations.
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