August 13, 2020

China’s booming copper imports an echo of the last crisis

Every copper trader knows Beijing's stockpiling was a big part of the copper price rally from 2009 lows below $3,000/tonne to over $10,000 two years later.

August 12, 2020

Hudbay posts $51.9 million loss, cuts Peru guidance

Eight-week suspension of its Constancia copper mine in Peru due to covid-19 measures weighed on the company's results.

August 10, 2020

China’s aluminium, zinc options see slow start on Shanghai debut

Units of Chalco, trader Trafigura and COFCO were among the first to trade the new options contracts.

August 7, 2020

Trevali reissues guidance with lower costs, shares jump

Midday Friday, Trevali’s stock was up 18% on the TSE.

August 7, 2020

Sumitomo predicts record loss as covid-19 hits nickel project

Japanese company forecasts a record net loss of 150 billion yen ($1.4 billion) for the year to March.

August 6, 2020

Glencore posts $2.6 billion loss, scraps dividend

The miner and commodities trader will focus on debt reduction.

August 4, 2020

Peru copper and gold output nosedives in H1 2020

Country reported that its production of copper plunged 20.4% in the first half of 2020.

July 31, 2020

Vizsla Resources closes $22 million private placement

Under the deal, a company controlled by Eric Sprott, acquired around 5 million units for a total consideration of C$10 million.

July 31, 2020

Glencore copper production drops 11%, cobalt by third

Suspended Mutanda copper and cobalt mine in Congo slashes Swiss miner and commodities trader's first half production.

July 29, 2020

Fortuna restarts operations at Caylloma mine in Peru

The company announced the closure on July 6 after a contract employee at the mine suddenly died.