Glencore’s $22B assets shift sets stage for mining mega-merger
By centralizing key assets in one jurisdiction, Glencore paves the way for a potential deal with a rival mining giant.
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Copper price must double to meet future mining needs — study
The problem isn't about finding enough in the ground, but the rate at which copper is mined, according to a recent study.
California start-up launches next-generation magnesium production technology
Russia and China currently control 90% of the global primary magnesium supply and there is no significant producer in any NATO country.
Chile lifts copper price call as supply disappoints and trade fears ease
Separately, the agency projected that Chilean copper production will increase by 3% this year.
Terra Metals, Metalex seal $100M deal to form copper-cobalt partnership in Zambia
The newly established partnership, called Lunda Resources, will look to commission a 240-tonne-per-hour copper and cobalt concentrator this September.
Antofagasta offers Chinese smelters negative processing fees as talks start
Antofagasta made an initial offer this week at a treatment charge of -$15 a ton for supplies to Chinese clients.
China plans commodities overhaul to attract global investors
The Shanghai Futures Exchange has unveiled an internationalization plan to streamline access for overseas investors.
First Majestic boosts Navidad gold-silver deposit with new discovery
The miner announced a second gold-silver discovery in a year in the Santo Niño vein at the nearby Santa Elena mine.
Perpetua awarded $6.9M additional funding from US Army for antimony pilot plant
The funding will be used for testing intended to demonstrate the feasibility of using material sourced from the Stibnite project to produce military-specification antimony trisulfide.
