Carlyle’s Currie sees copper price capped at $9,500 on China demand
The red metal has fallen 19% from May’s all-time high of $11,104.50, pressured by bloated inventories and signs that consumption in China is soft.
Latest Stories
Ivanhoe Mines’ Kamoa-Kakula achieves record copper production in August
Copper complex in the DRC achieved a monthly production of 40,347 tonnes of copper in concentrate in August.
Trafigura strikes $400 million cash-for-iron ore deal With MinRes
For Trafigura, the deal represents the latest step in a push into iron ore trading.
Orano selects Tennessee site to build uranium enrichment plant
The project is also being supported Tennessee's Nuclear Energy Fund, which has about $60 million in approved funding.
Blackrock Silver PEA nearly doubles value of Tonopah West project over costs
The post-tax NPV (at a 5% discount rate) comes to $326 million, with capital spending of $178 million.
Li-FT Power quadruples Cali property in Northwest Territories
The land acquisition follows the Canadian government’s receive approval of an amendment to the Sahtú Land Use Plan.
Bolivia shortlists four companies to develop lithium pilot plants
China's CBC, Italy's Protecno, France's Eramet and Australia's Eau Lithium have made it to the second round of the tender.
Iron ore price tumbles toward $90 on weak Chinese steel outlook
The most actively traded January iron ore contract on China's Dalian Commodity Exchange hit its lowest level since August 2023.
LME seeks to boost electronic trading, reassure physical users
The measures attempt to navigate a recurring tension between traditional physical users and the financial community which prefers electronic trading.
