Copper price surges to new 8-year high on supply worries

But the world's number one miner cuts full-year copper production guidance.

Strike threat at BHP's Escondida in Chile, the world's largest copper mine, lifts price to 19-month high.

Shares were up more than 45% on Tuesday mid-morning after it announced that joint venture partner Rio Tinto will start drilling for uranium at the company's asset in Saskatchewan.

State forecaster of Chile, responsible for 28% of global copper output, sees US demand bouncing back helping to create supply shortage this year and next.

Jones will leave his current position at the exchange and serve as an adviser until the end of this year, according to a statement from Hong Kong Exchanges & Clearing Ltd, which owns the London bourse.

President Donald Trump's picks for his Cabinet appear to back up his campaign pledges to boost US oil and gas production and streamline infrastructure approvals.

As the book closes Friday, January 20, 2017, on President Barack Obama’s two terms, here are the price averages during his tenure for some key commodity benchmarks, as well as the latest price.

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.