Column: Zinc market shrugs off low LME stocks as another false signal
Zinc has underperformed the rest of the LME base metals pack all year and is still, uniquely, trading below its year-start price.
Latest Stories
Antofagasta posts biggest profit margins since 2021
The Chilean miner attributed the gains to an 11% increase in copper output, lower cash costs, and higher prices for copper and gold.
South32 says to mothball Mozal; flags $372 million hit
South32 said that given care and maintenance was the most likely scenario.
Freeport outage brings relief in tight market for copper ore
The plant shutdown in Indonesia has freed up as much as 100,000 tons of semi-processed ores from Grasberg.
El Teniente mine lost 20,000-30,000t of copper due to accident, Codelco says
A multi-day shutdown at Codelco's El Teniente mine due to an accident in late July led to the loss.
New Found Gold pauses work at Queensway amid wildfires
The temporary pause applies to drilling, mulching and excavating activities.
US proposes nearly $1 billion in funds for critical minerals, materials
The Energy Department said it will issue notices of funding opportunities to advance and scale mining, processing and manufacturing technologies.
Gold price inches higher as market ups rate cut bets
The US dollar index hit a more than two-week low, making gold cheaper for overseas buyers.
Adani’s new copper smelter in India applies to become LME-listed brand
According to Adani, the $1.2 billion Kutch Copper facility in the western state of Gujarat is the world's biggest single-location plant of its type.