Kennecott proposing expansion of Utah copper mine

Zijin, a global powerhouse in copper and gold, is advancing its push into the lithium sector with the potential acquisition of Zangge Mining.

The Toronto-based company produced 452,523 oz. gold last year, it said Thursday.

The contract was last up 1.0% at $4.2795.

Copper and silver futures in New York are surging above rival international price benchmarks as traders ramp up bets that Donald Trump will impose hefty import tariffs.