Funds cut copper bets by $20 billion as bull trade unravels
Mounting worries about Chinese demand are helping to spark a rapid exodus from copper.
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Bedford Metals secures uranium permit for Ubiquity Lake
Exploration licence allows Bedford to start field activities aimed at validating targets identified in previous surveys at the Saskatchewan project.
Analysts expect Glencore to keep coal assets after Teck purchase
Glencore is already a top producer of thermal coal, with an expected output of between 98 million and 106 million tonnes this year.
BHP, Lundin grab Filo in $3bn South American copper deal
BHP and Lundin are creating a 50/50 JV that will own Filo del Sol, spanning the Argentina-Chile border, and the Josemaría copper project.
Fortescue slumps as Capital Group sells $1.2 billion stake
The trade represents about 100 million shares, representing around 3.2% of securities on issue.
Integra Resources secures cash flow with Florida Canyon merger
The new company is to produce 70,000 oz. gold per year from the Florida Canyon gold mine in Nevada.
Saudis see Codelco as good option for lithium partnership
Codelco is navigating one of the most challenging periods in its nearly 50-year history after a series of setbacks at projects and mines.
Video: ‘Big bang’ in commodity demand set to lift miners, Prins says
Global geopolitical and energy transformations are driving an increased demand for tangible holdings, notably commodities, which are critical for the energy transition.
Guinea’s Simandou iron ore project seen aiding climate goal
“With an iron content of nearly 65% and few impurities, Simandou project will make Guinea a key player,” Rio says.
