Copper prices could surge to $40,000, says top trader Andurand
The metal has risen almost 20% this year, reaching a record $11,000 per tonne this week.
Latest Stories
Glencore’s Australia carbon storage project blocked because of groundwater risk
The company's pilot project aimed to pump 330,000 metric tons of liquefied carbon dioxide from a coal-fired power plant.
Hudbay Minerals closes $402.5 million upsized public offering
The net proceeds will be used by Hudbay to accelerate mine pre-stripping activities and mill optimization initiatives at Copper Mountain.
Hecla Mining CEO resigns
Phillip Baker retiring after 23 years at the largest silver miner in the United States.
Illinois coal forests home to unique arachnid with spiny legs — study
Douglassarachne acanthopoda has been described as existing in the famous Illinoisan locality of Mazon Creek.
Newmont reopens Argentina’s Cerro negro gold mine
The gold mine, located in the southern Argentinian province of Santa Cruz, is one of Newmont’s key operations in South America.
Utah ranked top jurisdiction for mining investment by Fraser Institute
Rounding out the top five were Nevada, Saskatchewan, Quebec and Western Australia.
NGO sues Norway over deep-sea mining plans
WWF argues that Norway's decision to allow seabed exploration breaches national law, goes against experts' advice and sets a risky precedent.
Anglo shareholders say BHP should amend structure or sweeten bid
Of the investors that Bloomberg spoke to this week, some suggested that BHP should provide a commitment to cover any lost value suffered by the subsidiaries’ new owners.