CHARTS: Chinese investment in overseas copper projects just beginning
After a $16bn spending spree, Chinese owned copper mines overseas now produce some 1.2 million tonnes annually – that’s not nearly enough.
Latest Stories
Kalium completes oversubscribed capital raise to fund potash project expansion
The company is looking to expand its Beyondie sulphate of potash (SoP) project in Western Australia to 120 ktpa.
Foran boosts McIlvenna Bay copper-zinc resource
Foran is working towards completing a feasibility study for the project, which is about 60 km west of Flin Flon, Manitoba, before the end of the year.
Iron ore price rebounds despite Chinese steel curbs
The Chinese government has asked mills in more cities in northern China to cut output from Nov. 15 to March 15.
Atalaya lifts full-year copper guidance, stock up
The company now expects output to reach 54,000-56,000 tonnes for the year.
Copper price tops $10,000 as energy crisis hits supply
Copper mining stocks jump as copper price rally gains momentum and traders scramble for prompt delivery of metal.
Rusal plans sales boost to plug China’s aluminum deficit in 2022
The world's largest aluminum producer outside China plans to supply 300,000-400,000 tonnes of aluminum to China in 2021.
South32 buys stake in KGHM’s Chilean mine for $1.55bn
Sierra Gorda will be South32’s second-largest deal since it listed in 2015 and will add 70,000 to 80,000 tonnes of copper to its portfolio.
De Beers to extend life of Namibia mines to 2042
Namdeb, a joint venture between the Namibian government and the diamond giant, has extended its land-based mines’ life by 20 years.
