May 22, 2024

Faraday Copper rallies on $15 million bought deal to advance Arizona project

Its Copper Creek project in Arizona is labelled as one of the largest undeveloped copper projects in the US.

May 22, 2024

Mexican president rules out expropriating Vulcan’s mine but maintains land closure

Lopez Obrador has accused the company, which extracts limestone in southern part of the country, of environmental damage.

May 22, 2024

Anglo American rejects BHP’s third bid, extends deadline

Anglo has left the door open for BHP as it agreed to grant it a one-week extension to table a binding offer.

May 22, 2024

Six new large mines need to come online annually by 2050 to meet global copper demand – study

To meet the copper needs of electrifying the global vehicle fleet by 2050, as many as six new large copper mines must be brought online.

May 22, 2024

Anglo’s second largest investor demands BHP bid revision

Petition by South Africa's Public Investment Corporation (PIC), which owns a roughly 7% stake in Anglo, comes just hours before bid deadline.

May 21, 2024

US Critical Materials to deploy AI-powered tech for rare earth exploration

With VerAI’s AI-powered targeting technology, the company intends to set new industry standards for environmentally conscious mineral exploration activities.

May 20, 2024

Get real: Copper price record was 56 years ago

Jeff Currie: Add AI data centers and military demand to green capex and copper should soon test 1968 levels of $15,000 inflation adjusted.

May 20, 2024

Gold price hits $2,450 on rate cut optimism, geopolitical risks

The metal's strength has been linked to central bank purchases, robust demand from Asia and elevated geopolitical tensions.

May 20, 2024

Copper price hits record above $11,000 on bets that shortage looms

Several developments in 2024 have emboldened copper bulls and drawn in a rising tide of speculative money.

May 20, 2024

Copper’s record run at risk as US shipments calm speculator frenzy

At least 100,000 metric tons of copper are en route to the US CME exchange, Reuters sources say.