Copper price blasts to 9-year high on demand optimism

A leaked White House memo, which outlines the suspension of a portion of the Dodd-Frank rule on ‘conflict minerals’, will exacerbate already high levels of violence in DR Congo.

Copper hits 20-month high after world's number one miner says can't honour supply contracts from Escondida, responsible for 5% of global output.

The miner says the decision is clearly “abusive” and it evidences “an excess of jurisdiction,” reason why it will appeal the resolution.

Strike at Escondida, export ban and smelter problems at Grasberg and community clashes at Las Bambas.

Expansion has the potential to increase production to 140,000 barrels of oil per day from the about 80,000 barrels it currently generates.

Vancouver company pays $65 million cash for a 4% stream on El Morro deposit, half of NuevoUnion, its joint venture with Teck.

World number five producer adding 600,000 annual tonnes in six years.

Shareholders will be the main beneficiaries of the company's cautious approach to capital expenditure in the last three years as it will pay bigger-than-expected divvy of $1.70 per share.

Should the government go ahead with all the recommended shutdowns and suspensions, global supply of nickel will drop by about 8%.