November 14, 2024

China’s copper buyers slash annual contracts with market in flux

For 2025, buyers in China will take less refined metal under yearly contracts than they did this year, including from producers like Chilean copper giant Codelco.

November 14, 2024

China producers rush to deliver surplus zinc to Shanghai exchange

Producers are rushing to send 30,000-40,000 metric tons of refined zinc to warehouses registered with the Shanghai Futures Exchange ahead of November contract expiry on Friday.

November 14, 2024

Iron ore price hits 3-week low on firmer supply, softer steel outlook

China unveiled tax incentives on home and land transactions on Wednesday, aiming to support its crisis-hit property market.

November 14, 2024

Zijin reports illegal mining at Buritica gold mine, losses being assessed

Zijin said that organized groups had illegally mined some "high-grade ore bodies" in the shallow areas of the mine.

November 13, 2024

Citigroup cuts copper forecast on tariffs risk, China outlook

The bank has cut its short-term outlook for copper prices by 11% to $8,500 a ton over the next three months.

November 13, 2024

Exploration spending to stay flat despite Trump pledges, strong gold prices, S&P says

The cautious outlook comes as global exploration budgets for nonferrous metals declined by 3% in 2024.

November 13, 2024

China’s copper market needs more stimulus, says top importer

The copper market in China is at a critical juncture.

November 13, 2024

Uranium price to recover next year on shortage, Trump policy, Sprott CEO says

The heavy metal’s spot price fell to $76.56 per lb. this week, down from a 17-year high of $106 per lb. in February.

November 12, 2024

China should use more aluminum and recycled copper, industry says

China depends on overseas imports for 60% of its aluminum resources as opposed to 70% of its copper resources.

November 12, 2024

China’s copper production boom threatens to crowd out the rest of the world

The top consumer of copper globally is on track to produce about half the world’s refined metal this year after a frenzy of smelter construction to secure supplies crucial to…