New York copper market tightens again, piling pressure on shorts
The July-delivery Comex copper traded at a 7.4 cent-per-pound premium to the September contract.
Latest Stories
JCHX closes in on Zambian copper mine deal as China tightens Africa grip
The deal to buy an 80% stake in Zambia's Lubambe copper mine is nearing completion.
China’s copper exports hit a record as deflation bites at home
Exports of unwrought copper and products in May doubled from the previous year to nearly 150,000 tons, just topping the previous high reached in 2012.
K92 Mining enters new loan, offtake deal with Trafigura
The company said the loan is "an important financial de-risking milestone" for delivering the Stage 3 and 4 expansions of the Kainantu gold mine.
China is building Europe battery supply in Morocco, VW unit says
Morocco is rich in phosphate resources, key to making LFP cells.
Trafigura-led group orders 275 wagons for US-backed Lobito rail
The Lobito corridor is seen as a key export route from mines in Congo and Zambia for copper and cobalt.
Tianqi says Chile regulator decision has no major impact to 2024 financial result
Chile's financial regulator said the Codelco-SQM joint venture does not need to face a vote by SQM shareholders.
US-based Capital Group sells Fortescue shares worth $489 million
Shares of the world's fourth-largest iron ore miner have fallen nearly 25% so far this year.
Gemfields fetches almost $69 million at ruby auction
The auction marked the 10th anniversary of Gemfields’ first sale of rubies from the Montepuez mine in Mozambique.
