LME to change the way closing prices are determined
The changes will extend the volume-weighted average price methodology to five additional prompt dates for aluminum, copper, zinc, lead and nickel.
Latest Stories
South Africa’s Kruger Park opposes new border link to Mozambique
South Africa’s biggest wildlife reserve is opposing plans for a new privately operated trucks-only border crossing.
Codelco chairman calls claims of insolvency risk ‘nonsense’
Pacheco was responding to a report last month from copper studies center CESCO that said if production promises are not met, high levels of debt could lead to insolvency.
Global silver demand to fall 9.4% in 2023, Chile’s Cochilco says
Market, however, will maintain a deficit, according to a report from the Chilean state agency.
Explainer: Why does Norway want to mine the seabed?
Some Norwegian companies that provide technology and services to the oil industry are looking at deep sea mining as well.
Sibanye-Stillwater gold mine restructuring to put 3,000 jobs at risk
Potential revision of the Kloof 4 shaft in South Africa comes after numerous failed attempts to address productivity and operational issues.
Zinc-copper catalyst proposed for cleaner, more efficient fertilizer production
A zinc and copper catalyst is said to enable low-carbon-intensity urea generation.
Taseko secures final permit for Arizona copper mine
The Canadian miner can now move its Florence project towards commercial production, with an expected output of 85m pounds of copper per year.
Vedanta hires ex-Gold Fields boss to run copper, zinc mines
Chris Griffith, a mining veteran with decades of experience in the field, is expected to focus on bringing KCM back to profitability.
