South32 sees China economic support helping base metals

A copper trader who has long been one of the most bullish voices in the market, Kostas Bintas will start next week at Mercuria.

Both mines with a combined capacity of 3 million metric tons are located in the eastern state of Jharkhand.

A tailings dam belonging to copper miner Las Cenizas in central Chile began overflowing overnight on June 13.

Assessment prepared by an independent consultant confirms the potential for nickel, copper and PGMs at the company's licences.

The exploration junior has amassed $15 million to expand exploration on its 80%-owned NISK project in Quebec.

Without western investors buying, all eyes are back on China, and a copper market that several industry insiders say is still the weakest they’ve ever seen it.

High prices also weakened manufacturing demand and may see China switch out copper for aluminum.

The US Geological Survey reports supply from copper mines in 2023 amounted to only 22 million tonnes. If the copper supply doesn’t grow this year, we are looking at a 6Mt deficit.

A passenger train on a test run by Chile's state rail operator collided with a private cargo train carrying about 1,346 metric tons of copper on Thursday.