"It's very difficult to foresee what's going to happen to copper prices, but the market remains strong and should stay that way," Sartain said at a press conference in Chile.
The UK's Guardian newspaper conducted a far-ranging interview with Lisa Jackson, chief administrator for the US Environmental Protection Agency since 2009, on energy, climate change and the battle in the media over the agency's work.
Potentially gold-bullish developments this weekend include fresh economic data from China and shocks emanating from Europe as Spain attempts to shore up its banking system.
Industrial labelling systems manufacturer, Graphic Products, Inc., will conduct a free mining webinar for safety, maintenance and operations managers on Wednesday, June 13 at 10 am, Pacific Time/1 pm, Eastern Time.
At the moment the draft legislation requires mining companies to disclose on a project-by-project basis what they pay local officials in foreign countries.
Consumers made the most of the dip in the price of bullion and mainland China's gold purchases via Hong Kong hit a record 101.7 tonnes in April, up 62%.
Canadian Arrow Mines Limited announced Monday that it has commenced the mining phase on its Kelex nickel mine. Overburden removal is in progress and is planned to take one month in advance of production.
Despite gold's price slump, strong copper and iron ore prices lifted MINING.COM's ranking of the world's 50 most valuable miners to a new record high of $1.35 trillion.