The mad scramble for copper
The US Geological Survey reports supply from copper mines in 2023 amounted to only 22 million tonnes. If the copper supply doesn’t grow this year, we are looking at a 6Mt deficit.
Latest Stories
De Beers Canada JV partner says diamond miner in no rush to sell
The more than 100-year-old diamond miner is seeking options for its spin off from parent Anglo American at a time of depressed diamond prices.
Codelco working to securing deliveries after cargo train crash
A passenger train on a test run by Chile's state rail operator collided with a private cargo train carrying about 1,346 metric tons of copper on Thursday.
OceanaGold halts operations at Didipio mine after worker death
The gold mine halted operations for 24 hours after an employee died near the paste plant.
Short covering, tight nearby supply briefly drive palladium above $1,000/oz
Palladium, mainly used in the autocatalysts curbing harmful emissions, saw a 39% slump in 2023.
Gold stocks reloading
The gold miners’ stocks have been grinding lower for a month now, sapping traders’ enthusiasm.
Tianqi weighs legal actions after Chile regulator clears SQM-Codelco deal
Chile's financial regulator allowed a planned lithium joint venture between SQM and Codelco to proceed without a vote by SQM shareholders.
Tata Steel workers in UK call first strike in 40 years
Around 1,500 workers based in Port Talbot and Llanwern, Wales, will begin an all-out indefinite strike next month.
B2Gold slashes stake in Calibre Mining
The sale of 79 million shares earned $139 million and reduced B2Gold’s holding in Calibre from 14%.
