Copper price: the squeeze has been squoze
A deeper copper price correction is likely and a new report makes predictions of $40,000/t seem even sillier than they were a week ago.
Latest Stories
Kincora partners with AngloGold on NJNB project in Australia
AngloGold may earn up to 80% of the project.
Winsome boosts Adina lithium resource in Quebec by 33%
The indicated category contains 61.4 million tonnes grading 1.14% Li2O.
Ivanhoe completes Phase 3 concentrator at Kamoa-Kakula ahead of schedule
The first concentrate is expected in early June.
Video: McEwen aims to build copper industry’s ‘jewel’ at Los Azules in Argentina
Mining entrepreneur envisions the project with advanced mining facilities, a hotel and visitor’s centre blending into the landscape.
BHP and Anglo remain split on South Africa as time runs out
BHP has until 5 p.m. London on Wednesday to commit to an offer.
Vale moves closer to deal for Onca Puma nickel mine to resume operations
Onca Puma, which has an estimated annual nominal capacity of 27,000 tonnes, had its operating licence suspended earlier this year.
Lucapa recovers 195-carat diamond from Lulo mine
The diamond is the sixth largest and the 44th +100 carat stone to be recovered from the Lulo mine in Angola.
Aluminum recycler Novelis targets up to $12.6bn valuation in US IPO
Novelis, owned by Indian billionaire Kumar Mangalam Birla's Hindalco Industries, is the world's largest recycler of aluminum.
