Copper price above $10,000 as supply worries counter faltering demand
Prices of copper have risen 17% this year on fears of shortages.
Latest Stories
Miners seek exemption from Canadian tax hike to save equity deals
Finance Minister Chrystia Freeland’s new budget includes a measure to raise the capital gains tax inclusion rate to two-thirds from one-half.
Iron ore price hits more than 2-week low on rising inventory, demand caution
Prices were pressured by an inventory accumulation at Chinese ports and caution about demand outlook.
Chile copper output edges down in March, dragged by Codelco
Output at Codelco slid 10.1% to total 107,300 metric tons in March.
Trafigura delivers large amounts of aluminum to LME for lucrative rent deals
Total aluminum stocks in LME warehouses climbed 88% this week, to the highest level since January 2022.
Rio Tinto has not ruled out bid for Anglo American — report
While Rio has a smaller market capitalization than rival BHP, it's large enough to make an all-share offer for some or all of Anglo American.
Mining People: Avanti Gold, Homerun Resources, Omai Gold, Star Diamond, Pacific Empire, Sorrento
Key moves in the mining sector.
UK students to use AI, robotics to develop nuclear decommissioning solutions
UK students are being challenged with developing a small robot capable of transporting nuclear waste.
Lucara Diamond records strong quarter at Karowe mine
Key milestones, including the recovery of high-quality diamonds at the Botswana mine and a new long-term sales deal, contributed to the results.
