June 3, 2021

Copper price crashes through $10,000 as China premium hits 9-year low

China's appetite for overseas metal seems to be fading, with Yangshan copper import premiums falling to $28.50 a tonne, the lowest since at least 2012.

June 3, 2021

Iron ore rises despite China’s moves to lower prices

Bank of America forecasts iron ore will average $172.2 a tonne this year; then $143.8 a tonne in 2022.

June 3, 2021

RMI unveils set of rules to help miners fulfill ESG expectations

Companies are feeling increased pressure from shareholders and institutional investors to prioritize ESG factors.

June 2, 2021

Chile ‘pretty confident’ of tempering tax bill

Chile’s government is confident of paring back a copper tax bill in order to stay competitive with other major producers, the mining minister said.

June 2, 2021

Russell: Rising iron ore supply may cool prices where China jawboning fails

The best chance for lower iron ore prices comes from rising supply, and there are signs this is now being delivered.

June 2, 2021

BHP to spend up to $93 million under Chilean environmental court agreement

The lawsuit related to BHP's Escondida copper mine, the world's biggest, and the agreement involves the payment of compensation for environmental damage due to overdrawing water from the Punta Negra…

June 2, 2021

120 year chart shows copper price supercycle only starting

First, in real terms the copper price is nowhere near a record high. And the 2000s China-induced supercycle wasn’t the first to originate in Asia either.

June 2, 2021

Boroo completes acquisition of Lagunas Norte mine in Peru

Barrick put the open pit mine on care and maintenance in 2019, but production continued from the heap leach.

June 2, 2021

Chile’s Codelco, Escondida copper mines saw production drops in April

Codelco copper mine's production fell 0.5% year on year to 132,700 tonnes in April.

June 2, 2021

Mexico now ready to welcome private lithium miners

Mexico is home to large potential reserves of lithium but most of it is in hard-to-tap clay deposits that are costly and technically difficult to mine.