March 14, 2024 Congo, Chinese partners sign reviewed Sicomines copper-cobalt joint venture agreement Under the revised deal, both parties have agreed that China will invest up to $7 billion in infrastructure projects in Congo.
March 14, 2024 Africa to play ‘huge role’ in US critical mineral strategy, says Treasury’s No. 2 "We don't want to be overly reliant on any one country or any one company for global supply chains," says US Deputy Treasury Secretary Wally Adeyemo.
March 14, 2024 China to invest in Canadian mining despite crackdown, envoy says Ambassador Cong Peiwu said the Canadian government is “wrong” to prevent Chinese investors from buying majority stakes in domestic mining companies, like it did in 2022.
March 14, 2024 Exxaro still keen on copper after Botswana setback Coal miner is considering potential deals to acquire copper and manganese assets as part of its diversification strategy.
March 14, 2024 China’s North Copper may curb production amid supply shortage The news comes as major Chinese smelters scramble to secure raw material supplies after their profit margins were hit by shortages of copper ore.
March 13, 2024 Traders pile into bullish copper options as output cuts loom Total options volume spiked to more than 52,000 contracts, according to exchange data.
March 13, 2024 BMC’s Kudz Ze Kayah project in Yukon can go ahead after talks help address Indigenous concerns, governments say KZK was paused last year when the Kaska Nation said the federal and Yukon governments didn’t address their concerns over wildlife.
March 13, 2024 Northisle’s new gold resource may boost Vancouver Island project’s economics Northwest Expo holds 40.3 million indicated tonnes grading 0.1% copper and 0.7 g/t gold for 100 million lb. copper and 871,000 oz. of gold.
March 13, 2024 Copper price soars to 7-month high on China’s plans to cut output China's biggest copper smelters have agreed to a symbolic cut in loss-making production, without specifying volumes and timing.
March 13, 2024 China’s copper smelters vow capacity controls after fees plunge Executives from 19 smelters have agreed to re-arrange maintenance work, reduce runs and delay the startup of new projects.
