Copper price bears are out as first surplus in six years predicted
Also adding to negative outlook – soaring global warehouse stocks, hedge funds bearish positions at 17-month high and subdued Chinese demand.
Latest Stories
British miner about to start pouring silver in Russia
Silver Bear's first silver production should be expected early in the second quarter of 2018.
Post-Mugabe Zimbabwe mining rush leaves big producers behind
The government says mining commitments reached as much as $6 billion since Mnangagwa’s appointment.
Underperforming Keystone Pipeline still hurting Canadian oil prices: GMP FirstEnergy
The blowout in the price spread between Canadian heavy and U.S. light crude isn't narrowing substantially any time soon.
An oil price rally is likely
Geopolitical pressure is only able to influence oil prices to such a degree because the market is fundamentally getting tighter.
Randgold’s African mining acumen is being tested on all fronts
Randgold shares are now among the worst in the industry, sinking 20 percent so far this year.
Australia’s Newcrest Mining restarts processing at Cadia mine
The company expects to be at full mining rates within the coming weeks.
Cradle Arc to boost copper output in Botswana from April
Copper producer Cradle Arc is increasing output to 12,000 tonnes per year at a Botswana mine it has restarted.
Anglo needs 90 days to inspect leak at Brazil iron ore operations
It said the leak of non-hazardous iron ore slurry was stopped within eight minutes and caused no disruption to local water supply.