Copper price rises as trade thinned by China holiday
Copper prices are set to languish this year, a Reuters poll of analysts showed, weighed down by weaker demand as rising interest rates curb economic growth.
Latest Stories
Vale closed its eyes to corruption allegations, says Steinmetz
Billionaire claims the Brazilian mining giant was well aware of allegations that the Guinean mining rights it agreed to buy had been secured illegally.
Chile vote marks first step in long path to seizing mines
A proposal that opens the door to nationalizing some of the biggest copper and lithium mines in the world was approved in first instance.
The squeeze in the nickel market is getting worse
While the squeeze last month was focused on near-dated contracts, in recent days it has spread through the curve.
AME looks at economic impact of BC explorers
Mineral exploration companies spent C$513.5 million in the province in 2020, as recorded by Natural Resources Canada.
India shows early signs of high coal, LNG, crude prices hurting demand
One of the key questions for the outlook for energy commodities is how quickly the current high prices translate into demand destruction, writes Clyde Russell.
Analysts expect scorching base metals rally to cool
Market balances are expected to shift from supply deficit towards surplus in 2023 as production recovers and demand cools, Andy Home says.
Iamgold loses another top executive, shareholder revolts
Chairman Don Charter retired on January 29, only two weeks after the company’s president and chief executive Gordon Stothart announced his departure.
Earth’s ‘Goldilocks zone’ responsible for metal ore deposit formation
Researchers have discovered a ‘Goldilocks zone’ at the base of the earth’s crust where temperature allows for metals to be transported to shallower levels near the surface.