CHARTS: Iron ore, copper price – shot… chaser
BMO Capital Markets this week made some changes to its metals and mining outlook for H2 2021, raising expectations pretty much across the board.
Latest Stories
Cameco pares Q2 loss as uranium contract business grows
Cameco’s Q2 financials miss the mark as revenues drop steeply.
Alphamin reports more high-grade tin assays from Mpama South, stock jumps
The company has also commenced mine extension drilling at Mpama North.
World’s top copper mine moves step closer to strike over wages
The powerful union at Escondida in Chile set to vote on BHP's contract offer between Thursday and Saturday - leaders are urging a strike.
First Quantum shelves plan to sell stake in Zambian copper mines
China’s Jiangxi Copper had been speculated as a potential suitor for minority interests in First Quantum’s Kansanshi and Sentinel mines.
Court documents reveal ex-Glencore trader’s political bribes in Nigeria
Former Glencore trader said he was part of a bribery scheme to win oil contracts from Nigeria transferred $300,000 of company funds in 2014 to an intermediary who’d requested the cash to benefit a senior government official in the nation’s elections.
Rio Tinto pays $9.1 billion dividend as profit hits record
Rio Tinto is the first of the majors to post earnings, kicking off a reporting season that’s expected to see record results across the board.
Rising supply to push copper price further below record peak
Experts say large brownfield and greenfield projects close to being commissioned or are already ramping up will hit copper prices.
Bandits steal truckloads of copper worth millions in southern Africa
Crime gangs have stolen dozens of truckloads of copper owned by miners and traders including Glencore, Trafigura and Traxys this year.
