Funds sell copper as coronavirus hits physical supply chains
Hedge fund managers appear more focused on the current state of the physical copper market than the promise of a sharp economic rebound in China.
Latest Stories
White Metal to sell 70% interest in Seagull Lake project
The Ontario-based company signed a letter of intent with Quadro Resources.
Blue Thunder to acquire O3’s gold properties in Quebec
The Toronto-based miner is expanding its land position in the Chibougamau mining district.
Fresnillo to kick off production at Juanicipio mid-year
Operations at the Mexican silver -gold project will begin in mid-2020, at an additional cost of $45 million.
Teck walks away from Frontier oilsands project
The decision marks the end of a project that’s been a decade in the making and passed both federal and provincial regulatory hurdles.
Ecuador’s National Assembly working on new rules on mining concessions
The legislative body wants to create a level playing field for both local and foreign companies.
With gold surging, miners face payouts versus production dilemma
Some investors are concerned about the longterm growth prospects of an industry built on a depleting resource.
As Teck oil sands mine hopes for okay from Canada’s Trudeau, 20 other projects on hold
Companies are delaying investment decisions hoping for new pipelines and higher prices.
Sawiris in talks to buy 51% stake in Egypt state-owned mining firm
Sawiris had said that he intended to invest in gold and copper mining in Egypt if investment conditions improved.
