Intrepid Metals jumps on Corral project copper cuts near site of Wyatt Earp gunfight

Dealers say disruptions would further erode the competitive advantage of the centuries-old diamond trade.

The first auction is planned for March 26.

Total options volume spiked to more than 52,000 contracts, according to exchange data.

UBS and Goldman Sachs have trimmed their 2024 supply estimates by 33% and 26%, respectively.

The hedge fund also recommended increasing dividends by discontinuing share buybacks and divesting a minority stake in Glencore's lucrative trading division.

The Responsible Use of Seafloor Resources Act was introduced on Tuesday.

China's biggest copper smelters have agreed to a symbolic cut in loss-making production, without specifying volumes and timing.

CAP is investing up to $80 million to support the development of the company's Penco module in Chile.

Executives from 19 smelters have agreed to re-arrange maintenance work, reduce runs and delay the startup of new projects.