November 27, 2020

Copper price surges as demand hopes build

On the Comex market, copper for delivery in December gained 2.85% to $3.4040 a pound ($7,488 a tonne) by mid-afternoon in New York.

November 27, 2020

Miners, smelters still divided on copper processing charges

The first settlement between a major copper miner and a Chinese smelter serves as the benchmark for the year ahead.

November 27, 2020

Hong Kong is the real loser from new China copper contract

HKEx will now have to watch from the sidelines as Shanghai, not Hong Kong, becomes the copper connector between mainland and international markets.

November 27, 2020

MINING.COM MINUTE: Biggest stories of the week

US denies permit for Alaska Pebble mine; Teck increases steelmaking coal sales to China; Coal miners call on Trump to move on

November 26, 2020

China’s crackdown on Australian coking coal hurts its steel industry

Ships carrying a total of 6.84 million tonnes of Australian coal are now waiting to discharge at Chinese ports.

November 26, 2020

CATL to keep close eye on cobalt, lithium, graphite suppliers

The battery giant has partnered with RCS Global Group to promote responsible supply chains.

November 24, 2020

There’s $500 million of coal on anchored ships off China’s coast

More than 50 vessels have been waiting a month or longer to offload coal from Australia.

November 24, 2020

Speculative heat keeps copper market bubbling

LME three-month metal extended its recovery from the March lockdown lows of $4,371 to $7,331 per tonne, the highest trade since June 2018.

November 24, 2020

China coal imports to increase in December – report

Wood Mackenzie says seaborne thermal coal imports are expected to grow from 9.5 Mt to 20 Mt in December.

November 24, 2020

Cardinal Resources attracts third bidder in takeover war

A Ghanaian suitor has offered $1.05 per share, becoming the third bid Cardinal receives this year.