E-haul trucks could result in major savings for miners but adoption is slow – report

A new report by IDTechEx states that even though investing in e-haul trucks could result in major savings for miners, adoption is still in its nascent stages.

Staff Writer | April 24, 2024 | 6:06 am

China copper gauge at zero offers stark warning to metals bulls

Premiums paid on imported refined copper extended a months-long decline to reach zero for the first time in Shanghai going back to 2017.

Bloomberg News | April 24, 2024 | 5:43 am

World’s biggest energy traders are returning to metals markets

Vitol, Gunvor and Mercuria Energy are among the traders building out their metals teams, as they look to deploy capital generated by record profits.

Bloomberg News | April 24, 2024 | 1:23 am

OceanaGold prices $106 million IPO of Philippine unit

OceanaGold plans to sell up to 456 million common shares or a 20% stake in OceanaGold Philippines.

Reuters | April 24, 2024 | 12:39 am

First Quantum Minerals cuts debt by over $1bn in first quarter

The company in February had announced a series of capital restructuring measures that would strengthen its balance sheet and cut debt.

Reuters | April 23, 2024 | 7:05 pm

ESG Watch: Why climate change is leaving mining firms between a rock and a hard place

By 2050, the World Bank forecasts that demand for the metals and minerals used to produce the clean energy technologies will increase by almost 500%.

Reuters | April 23, 2024 | 4:40 pm

Chile sees record copper production next year

The output of the red metal would be a 6% increase from the 5.51 million tons expected to be produced this year.

Reuters | April 23, 2024 | 12:55 pm

Copper price at risk of pullback as buying in China stalls after rally

Fabricators have struggled to pass on higher costs to their customers, forcing them to rein in purchases since March, one copper trader said.

Bloomberg News | April 23, 2024 | 8:55 am

Zambia seeks power imports for key mining sector

State-owned Zesco stated that it is seeking to import power to avert an energy deficit that could affect output in Africa's second-largest copper producer.

Reuters | April 23, 2024 | 7:43 am

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