Asian buyers profit from record discounts for near-term LME copper
The discount hit a record high of $108 a metric ton on Jan. 8.
Latest Stories
Gold One could dismiss more than 500 in South Africa after mine sit-in
The Sydney-based gold miner will dismiss 401 workers at its Modder East operations.
Mongolia needs mining investments ramp up to meet GDP target – finance minister
The country derives a quarter of its gross domestic product and 90% of exports from mining.
CME’s lithium contract volumes thrive after price slump
CME's lithium hydroxide contract is cash-settled, therefore easy to use as hedgers do not need to worry about taking delivery of unsuitable grades.
Battery metal price plunge is closing mines and stalling deals
Junior producers have been particularly hard hit.
Calibre posts record annual gold production, exceeding 2023 guidance
Looking ahead, the company is expecting its gold production to fall between 275,000 and 300,000 oz. in 2024.
New material efficiently extracts uranium from seawater
Using electrochemical extraction, a new material attracts hard-to-get uranium ions from seawater more efficiently than existing methods.
Avino gets community ok to develop La Preciosa
La Preciosa hosts one of Mexico's largest undeveloped primary silver resources and is located about 19km from the company's Avino mine.
Alcoa to cut Kwinana refinery production in phased-out shutdown
It will begin curtailment of the Western Australia refinery in the second quarter, and cease all output of alumina by the third.
