MINING.COM

Copper buyers want longer-term deals on supply concerns, Codelco says

The Chilean state-owned company recently signed some contracts for three to five years with customers in Europe, in contrast to the more standard annual deals.

Bloomberg News | October 24, 2022 | 9:02 am

Copper price down as China’s yuan falls to lowest since 2008

Analysts at JPMorgan still expect prices to fall in the short term.

MINING.COM Staff Writer | October 24, 2022 | 8:37 am

Pure Gold places Ontario mine on care and maintenance due to cash constraints, stock crashes

The company says the mine has yet to achieve consistent positive site-level cash flows.

Staff Writer | October 24, 2022 | 8:32 am

Global lead, zinc market to be in deficit for 2022, 2023 – ILZSG

Global refined lead and zinc markets are likely be in a deficit in both 2022 and 2023, the International Lead and Zinc Study Group said on Monday.

Reuters | October 24, 2022 | 8:29 am

Copper tech firm Jetti raises funds at $2.5 billion value

Jetti tapped existing investors as well as new backers at a valuation that’s about double its last raise.

Bloomberg News | October 24, 2022 | 8:18 am

Rusal files London lawsuit against Potanin over Nornickel pact

Rusal filed a lawsuit alleging that Vladimir Potanin, CEO of Nornickel, is in breach of a decade-old deal.

Reuters | October 24, 2022 | 8:05 am

Analysis: Biden’s EV minerals cash fruitless without permitting reform

President Joe Biden last week doled out $2.8-billion to miners developing new US sources of lithium, nickel, copper, and other EV minerals.

Reuters | October 24, 2022 | 7:54 am

UK prosecutors implicate 11 Glencore employees in bribery probe

The commodity trading industry has been dogged by anti-corruption investigations for years, but few individual traders or executives have faced prosecution.

Bloomberg News | October 24, 2022 | 7:39 am