Copper is one of the most widely used metals on the planet, and has been for more than 10,000 years. Visual Capitalist has created an infographic on red metal's use throughout history.
First Quantum Minerals has announced it has temporarily suspended normal operations at its Guelb Moghrein copper-gold mine in Mauritania due to illegal strike action by some unionized employees.
Ten widely cited climate scientists say the State Department’s review of the proposed Keystone XL pipeline should include a “serious” evaluation of how enabling Canadian oil sands development will affect the planet’s climate.
Research just out from the World Gold Council, titled ‘Gold as a Strategic Asset for UK Investors’, adds to the evidence that gold investing adds diversification to a portfolio like nothing else.
A build-up in steel inventories and a steep drop-off in demand as China's building boom begins to look more and more unsustainable send iron ore down 3.4% in just the last week and more than 25% below the $174 a tonne struck this time last year.
Chief executive Tom Albanese says: "We are keeping a close eye on the pace of the US recovery, the continuing Euro-zone crisis and the impact of efforts to stimulate the Chinese economy on the markets that we serve."
Rough diamond production for the second quarter of 2012 increased 6% from the corresponding period of 2011 due to higher grade ore, but decreased 28 per cent compared with the first quarter of 2012 due to lower grades and a planned processing plant shutdown.
Chinese media sources have confirmed rumours of government stockpiling of rare earths which have been in circulation since earlier this month with China’s leading English-language daily reporting that the central government has budgeted around US$949 million for the undertaking.