June 30, 2020 Freeport Indonesia’s Jan-May copper, gold output below target Copper concentrate production stood at 524,492 tonnes, 85% of the 616,277 tonnes targeted.
June 30, 2020 Vedanta seeks to upsize loan to $2.75 billion to fund delisting The firm won shareholder approval last week to begin the delisting process.
June 29, 2020 Rio Tinto strikes power deal for Oyu Tolgoi Agreement paves the way for Mongolia to build a power plant to supply the giant copper and gold mine.
June 26, 2020 Shrinking aerospace demand to keep pressure on cobalt Metal prices are at 10-month lows due to lower demand from the electric vehicle and aerospace sectors amid the pandemic.
June 24, 2020 Demand for EV raw materials to spike – report United Nations says global market for cathode to reach $58 billion by 2024.
June 24, 2020 Barrick to begin layoffs in PNG as lease dispute deepens About 2,650 PNG nationals would be retrenched by the end of July, the company said.
June 24, 2020 Ten countries control 50% of global gold reserves Although the United States continues to hold the largest gold reserves, China and Russia have emerged as the top buyers.
June 24, 2020 Experts call for plan to protect deep-sea life from mining Mining the sea floor opens a vast source of key metals needed for clean energy, but should start after a full evaluation of likely environmental impacts, report shows.
June 22, 2020 Maaden phosphate unit signs $4.1 billion finance deal The refinancing allows the business to reduce interest expense and pushes back the start of repayments until 2022.
Copper price nears $13,000 on tariffs woes, supply strain Mine outages, tariff risks and tight supply push copper toward a milestone despite weakening Chinese demand. December 29, 2025 | 05:51 am
