July 4, 2022

Metals melt down as recession fears overwhelm supply woes

Industrial metals have gone from boom to bust in the space of only three months, writes Andy Home.

July 4, 2022

Chile’s copper production drops 2.5% in May

Production from state-owned giant Codelco fell 6.3% on a year-on-year basis to 142,900 tonnes.

July 4, 2022

Nevada Copper arranges $70m loan to maintain Pumpkin Hollow underground mine operations

Pumpkin Hollow was the first copper mine to come online in the US over the past decade.

July 4, 2022

Copper price below $8,000 as slowdown fears mount

"Inventories for metals are shrinking to multi-year lows."

July 4, 2022

Phoenix Copper launches novel bond linked to copper price

Phoenix is raising cash to revive production at the Empire copper mine in Idaho.

July 3, 2022

EU’s Green Deal demands switch from fossil fuels to domestic metal production – report

Researchers believe the EU will have to build its own urban mining and refining operations to decrease its raw materials dependency.

July 3, 2022

Aluminum ‘on steroids’ may be copper’s next competitor

PNNL researchers are working to increase the conductivity of aluminum, making it economically competitive with copper.

July 2, 2022

Commodities hit July storm with Putin and Powell stirring fear

Energy crises and central bank moves to crush inflation present powerful headwinds across markets, underscored by copper’s collapse Friday below $8,000 a ton.

July 1, 2022

Copper, zinc, nickel price rout continues despite rebound in China manufacturing 

“It is increasingly clear that concerns about demand are taking precedence over supply issues in the metals markets”.

July 1, 2022

Chile sticks to plan for new mining profit tax up to 32% linked to copper price

"Historically, few countries have reached economic prosperity with a low tax load" – Chile finance minister, Mario Marcel.