High returns lure wealthy investors to fund coal as banks exit
Wealthy Australians are emerging as an important pool of capital for financing coal projects shunned by banks.
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China’s refined copper exports double to record on surplus
Shipments more than doubled to 157,751 tons in June from May, well above the previous all-time high of 102,000 tons in 2012.
Indonesia launches nickel, tin online tracking system
The system, known as SIMBARA, was first implemented in 2022 to track coal, with a plan to widen its use to other minerals.
Ero Copper and Vale close agreement on Brazil’s Furnas project
The iron oxide-copper-gold project is located near Vale's Salobo operations and Ero’s Tucumã project.
Solaris estimates in-pit resource for Warintza project
The resource totalled 909 million tonnes grading 0.53% copper equivalent in the measured and indicated categories.
Western miners push for higher metals prices to ward off Chinese rivals
Industry leaders have pushed for two pricing structures for several years.
Copper hits new three-month low with Chinese demand in focus
Prices for the metal fell for a sixth day, even after China announced a surprise interest-rate cut.
Zambia sees copper output growing to 1 million tonnes by 2027
Africa’s second-largest copper producer is seeking to take advantage of what many predict will be a supply shortfall in the coming years.
Anglo American to sell two assets to Taurus Funds for up to $195 million
Anglo plans to divest less profitable assets and focus on expanding copper output.
