Copper price bounces as analysts see short covering fueling big gains
Prices climbed as much as 1.5% to trade above $8,300 a ton on the London Metal Exchange on Thursday.
Latest Stories
Strong metals and mining M&A activity set to remain over 2024 — report
The industry saw a significant rise in M&A activity across metals and mining companies in 2023 driven by the global energy transition, a theme Fitch Solutions expects to continue.
Guinea talks carbon tax on mines as it seeks $4.3 billion loans
Guinea is among the world’s top producers of bauxite, a raw material used to produce aluminum.
Exxon aims to make key lithium technology decision by year-end
The company last fall announced its long-anticipated plan to filter lithium from the Smackover brine formation that flows under Arkansas.
Kinross Gold lifts Great Bear inferred resource by 45%
Great Bear now contains 3.3 million oz. gold in 22.7 million inferred tonnes, open pit and underground, grading 4.5 grams gold per tonne.
Vale to follow BHP on new provisions over dam failure, analysts say
Analysts have calculated an additional provision between about $3.5 billion and $3.6 billion to match BHP provisions for the year.
Albemarle says lithium prices are unsustainably low
Lithium prices have dropped more than 80% in the past year.
Mexican mining sector balks at plan to ban open-pit mines
The industry says such a move would be disastrous for the sector, which fuels 2.5% of gross domestic product.
France offers loan to New Caledonia nickel firm Prony to avert collapse
Prony Resources is one of three nickel processors in the French territory that face insolvency as high costs and political tensions have hit profitability.