Copper prices, output drive Grupo Mexico profit jump
Copper production during the quarter totaled 270,747 metric tons, up 4.7% from a year earlier.
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Anglo American shrinks trading unit as part of major restructuring
The miner also announced internally that it will no longer enter into long-term deals to buy commodities that it doesn’t already produce.
Gold price slips as traders absorb Biden withdrawal from US election
Spot bullion traded just under $2,400 an ounce, erasing earlier gains.
Avalon reports drill results of up to 1.95% Li2O at Ontario project
The current resource estimate for the Big Whopper deposit includes 10.08 million tonnes of measured and indicated resources at 1.35% Li2O.
BHP’s potash mine in Canada now 50% ready
BHP is halfway through completing its massive Jansen potash mine in Saskatchewan, with first production expected in 2026.
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.
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.
