Copper price rises on supply risks and softening dollar
MMG suspended copper production targets while Vale and Antofagasta cut their 2022 copper production outlook.
Latest Stories
Antamina hopes for mine extension approval by early 2023, CEO says
Antamina had announced in April an expansion project that includes investments of $1.6 billion to extend the mine's useful life.
China’s palladium imports from Russia rise to a record high
The world’s biggest miner of the precious metal is rerouting shipments as many of its usual customers shun its goods following the invasion of Ukraine.
Goldman warns China’s property crisis will sink iron ore price
Goldman cut its three and six-month price targets to $70 and $85 a tonne, respectively, from $90 and $110 a tonne.
Electra signs benefits agreement with Métis Nation of Ontario
Electra is currently commissioning a battery materials refinery in Temiskaming Shores, Ontario.
Mining firms blow cold on India’s plan to dig deep for coal
India's plan to auction abandoned coal mines to private firms to meet rising energy demand has brought little cheer to the industry.
Environmental groups ask Tesla to stop nickel plans in Indonesia
Indonesia’s president, Joko Widodo, offered Tesla the opportunity to invest in an end-to-end EV supply chain
Rio Tinto, Fortescue record profits near end on price view, dim demand
A persistent downward trend in iron-ore prices is expected to weigh significantly on the earnings of top Australian miners.
Kumba pins hopes on China’s infrastructure stimulus
First-half production at Kumba's two mines declined 13% to 17.8 million tonnes, largely due to heavy rains.
