Copper price hits fresh 14-month high on supply fears, China optimism

The red metal has rallied about 15% in the last two months.

Bloomberg News | April 8, 2024 | 9:55 am

AI could add 1 million tonnes to copper demand by 2030, Trafigura chief economist says

The surge in demand, driven by AI boom, could exacerbate the copper supply-demand imbalance, according to Trafigura's chief economist.

Staff Writer | April 8, 2024 | 9:18 am

Vale walks away from exploration JV with Serabi Gold

Serabi Gold noted it remains optimistic as there already are “a number of other groups keen to partner” with them.

Cecilia Jamasmie | April 8, 2024 | 5:39 am

Rio Tinto promotes copper boss Bold Baatar to commercial chief

Baatar's role in the expansion of Oyu Tolgoi and the $6.2bn Simandou iron ore project highlights his suitability for the post.

Cecilia Jamasmie | April 8, 2024 | 3:39 am

EU commissioner says FTA with Australia would help minerals push

Talks between the two sides on a trade pact collapsed last year with Canberra unhappy over access to EU markets for its farm goods.

Bloomberg News | April 8, 2024 | 3:27 am

First Quantum alerts Panamanian authorities of dangers of long-term concentrate storage at disputed copper mine

Regular monitoring has detected an increase in the chemical reactions that generate dangerous gases and a rise in the temperatures of the copper concentrate stored at the Cobre Panamá mine.

Staff Writer | April 7, 2024 | 11:19 am

Atico drilling grows El Roble copper-gold mine in Colombia

The deposit has proven and probable reserves of 1 million tonnes grading 3.02% copper and 1.76 grams gold per tonne.

Colin McClelland | April 5, 2024 | 1:38 pm

Big 5 diversified mining companies are having a rough 2024

World’s 50 biggest miners had a combined market capitalization of just under $1.4 trillion, with losses at the very top offsetting a banner quarter for gold and copper stocks.

Frik Els | April 5, 2024 | 9:47 am

Copper miners glimpse the future they’ve long seen coming

A supply shock and growing confidence in an economic recovery are now seeing copper take center stage.

Bloomberg News | April 5, 2024 | 7:50 am

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First Quantum launches standstill deal with Chinese shareholder

Freeport McMoran plans $7.5bn investment to expand Chile copper mine

Imperial Metals extends mineralization at Mount Polley mine

Chile’s mining ministry accepts Cochilco head’s resignation

Scientists discover ‘dark oxygen’ being produced by seabed metals

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