Copper price rises on stimulus hopes in China
The Chinese central bank cut its policy interest rate for the first time in almost two years, signaling the beginning of an easing cycle.
Latest Stories
Newcrest closes in on Pretium as shareholders vote looms
The $2.8 billion acquisition is likely to be approved on Thursday, boosting the Australian miner's presence in the Americas.
Trafigura signs $600m financing deal with Congo cobalt miner Chemaf
The funds will help Chemaf complete the mechanisation of its Mutoshi cobalt and copper mine and solvent extraction- electrowinning processing plant in Kolwezi.
Copper plays a role in ozone depletion –research
New research by UC Berkeley geochemists shows that copper in soil and seawater acts as a catalyst to turn organic matter into both methyl bromide and methyl chloride, two potent halocarbon compounds that destroy ozone.
Barrick’s Q4 gold output rises 10% sequentially
The Canadian miner reported total preliminary gold output of 1.20 million ounces in the quarter ended Dec. 31, from 1.09 million ounces a quarter ago.
Antofagasta says Chile water shortage to hit 2022 production
The company, which saw 2021 copper production drop by 1.7% to 721,500 tonnes, anticipates churning out 660,000 to 690,000 tonnes this year.
Lynas posts record revenue on strong demand for rare earths
Revenue jumped nearly 70% to A$202.7 million ($145.56 million) for the December quarter.
Lake Resources doubles production target at Argentina lithium project
Planned production at its flagship Kachi lithium brine project will be set at 50,000 tonnes per year of lithium carbonate.
BHP posts 5% jump in second-quarter iron ore output
Iron ore production from Western Australia was 73.9mt in the three months ended December, up from 70.4mt a year ago.