March 9, 2021

Workers at Los Pelambres copper mine reject contract offer

Of the union affiliates, 98.5% voted to reject the offer on a new contract for the next 36 months.

March 9, 2021

Trader buys $36 million of copper and gets painted rocks instead

The bizarre case highlights commodity traders’ vulnerability to fraud, even when security and inspection controls are in place.

March 9, 2021

Copper price falls as China imports look “far from bullish”

Shares of major miners also fell in London trading, with BHP down 2.4%, Rio Tinto down 3.6%, Glencore -2.44%, and Antofagasta -1.25%.

March 9, 2021

Russel: China’s lacklustre commodity imports throw spanner in new super-cycle works

Overall, the picture that emerges from the commodity import data is that China is at best ticking along.

March 9, 2021

Home: Battery metals buzz is back as Europe reboots EV sector

Cobalt and lithium have jumped back to life in 2021, with prices rallying hard in January and February.

March 9, 2021

Chile copper export revenue surges 65% in February as prices soar

Surging copper shipments helped boost overall exports 41% to $7.071 billion in February.

March 9, 2021

Peru mines minister predicts record copper output for 2021

Andean nation expects to hit a record copper output of 2.5 million tonnes in 2021.

March 9, 2021

Biden reimposes sanctions on mining magnate Dan Gertler

The Trump administration had quietly issued a special license that exempted Gertler from the sanctions until Jan. 31, 2022.

March 9, 2021

Ivanhoe completes 80% of phase one work at Kakula

First production at the copper mine in the Democratic Republic of Congo targeted for July.

March 9, 2021

Shareholders ask Rio Tinto to disclose climate targets, review lobby associations

They want Rio disclose short, medium and long-term targets for direct and indirect greenhouse gas emissions and chalk out its performance against those targets.