World’s biggest copper mine moves closer to strike
More than 2,000 workers at Escondida mine in Chile ready to walk off the job on Nov. 28 and 30 if BHP does not meet their demands.
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Freeport settles six-year high copper charges for 2023 with Chinese smelters
The charges, paid by miners to smelters to process ore into refined metal, are the highest since 2017 and 35% higher than the 2022 benchmark.
Zimbabwe gives first details of new mining royalty policy
The royalty policy that came into effect in October compels miners to pay half of their royalties in minerals and the rest in cash.
Vizsla Silver to invest in Prismo Metals, gets first refusal on Palos Verdes project
Vizsla will own or beneficially control approximately 12% of the issued and outstanding Prismo shares.
Copper price rises on China’s property support
Three of China's biggest commercial banks have agreed to provide fundraising support to property developers.
South Korea truckers strike again with auto, battery supply chains at risk
A Hyundai Steel spokesperson said its daily shipment of about 8,000 tonnes of steel products at its Pohang factory could not be moved on Thursday due to the strike.
Lygend raises $470 million in Hong Kong IPO, sources say
Lygend’s listing kicks off what’s expected to be a busy end to the year for IPOs in the Asian financial hub.
China’s copper scrap market to remain tight on limited supply
China's copper scrap import growth is expected to decline in the fourth quarter due to volatility in exchange rates and price fluctuations.
BHP sees 2-3 years of elevated costs, near-term copper oversupply
Surplus will have evaporated by the end of the decade, BHP's Chief Development Officer Johan van Jaarsveld said.
