Freeport in early talks to extend Indonesia copper rights beyond 2041
Company also reiterated long-standing comments that does not need to buy a rival to grow, pointing to expansion plans in the United States and Asia.
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Copper price jumps as dollar eases
Metal price edged higher buoyed by a weaker dollar and amid hopes the pace of US interest rate hikes would slow down.
Epiroc sees high demand near term after in-line Q3 profit
Operating profit in the quarter rose to 2.90 billion Swedish crowns ($265.9 million) from 2.35 billion crowns a year ago.
Thailand to rely on coal for power longer amid record gas prices
The country has intensified its search for alternative energy sources, ranging from coal to renewables, to cut LNG imports.
Gold price rebounds to 2-week high on Fed relief hopes
“We might see a slowing of the economy, but inflation may not come down as much as the Fed would like and yet they will be no longer able or willing to raise rates further, and that is a very positive environment for gold,” analyst says.
Traders bet on aluminum price surge as LME weighs Russia ban
Aluminum traders are making bold bets in the options market to position for price spikes later this year
Chile amends mining royalty bill with flat 1% ad valorem rate
Additional royalties would be assessed at rates fluctuating from 8% to 26% based on miners' operating margin.
World’s biggest uranium miner seeks extra shipping capacity bypassing Russia
Company is seeking to boost the capacity of its alternative shipping route which bypasses Russia to mitigate risks from potential sanctions.
China’s lithium appetite to fuel European production, miner says
Australia's Critical Metals is attempting to cash in on soaring demand for lithium.