Copper crunch set to ease with more supply heading to China

Moves is expected to help the copper giant cope with a recently passed law that forces it to give 10% of its revenues to the armed forces.

Markets are expecting a Trump economic miracle with real GDP growth estimates of 4% per year and more. The cheerleaders cite tax cuts, infrastructure spending and deregulation unleashing a wave of new economic activity. But that's not where growth comes from, argues Rudi Fronk and Jim Anthony, cofounders of Seabridge Gold, as they discuss some basic contradictions in Trumponomics.

"The run-up in base metal prices, particularly after the US Presidential election, may be getting ahead of fundamentals."

Cornish Lithium Limited is hoping to lead the development of a lithium industry in the UK after acquiring the rights to drill for the mineral in the ancient mining region of Cornwall.

Company will perform the work and federal government will contribute about half of the more than $600 million cleanup costs.

The amicable divorce ends a six-year-old exploration joint venture originally set to find copper deposits in China.

The strike has not had a significant impact on mine and consolidated production, the company said.

Companies claim land transfer is de facto expropriation without consultation.

For companies servicing the mining sector, project opportunities have declined significantly in the past few years.