Copper price back below $9,000 on weak China industrial activity

Metal price was also impacted by the rise in oil prices and fears about inflation and higher interest rates in the US.

MINING.COM Staff Writer | April 3, 2023 | 8:12 am

Sumitomo Metal plans 11% cut in full-year copper output

The decline comes as it plans to conduct two-month maintenance at its Toyo Smelter & Refinery in Ehime, western Japan.

Reuters | April 3, 2023 | 7:39 am

Mitsui Mining expects H1 zinc output falling 4.7% y/y

Mitsui Mining and Smelting Co Ltd plans to produce 107,000 tonnes of refined zinc in the first half of the 2023/24 financial year.

Reuters | April 3, 2023 | 7:36 am

Chile economy contracts more than expected on mining drop

Mining activity tumbled 3.1% in February from the previous month.

Bloomberg News | April 3, 2023 | 7:05 am

Teck rejects unsolicited $23bn takeover bid from Glencore

Teck Resources is instead urging shareholders to approve an already announced separation of Teck Metals and Elk Valley Resources.

Cecilia Jamasmie | April 3, 2023 | 4:03 am

Australia’s energy storage capacity needs 10-fold increase by 2050 – report

Rapidly rising energy demand spurred by the ongoing electrification of building and transport industries requires that Australia grows its energy storage capacity at least 10-fold by 2050.

Valentina Ruiz Leotaud | April 2, 2023 | 1:11 pm

Barrick Gold replaces gold reserves, remains on track to execute 10-year business plan

Barrick Gold’s executive chairman John Thornton said the company more than replaced the gold reserves it mined in 2022.

Staff Writer | April 2, 2023 | 10:38 am

Copper ore analyses reveal deep connections between ancient African civilizations

Copper artifacts revealed new cultural connections among people living in northern South Africa and the Copperbelt region between the 5th and 20th centuries.

Staff Writer | April 2, 2023 | 7:48 am

UN to start taking deep-sea mining applications this July

The decision came after the International Seabed Authority spent the past two weeks debating standards for the new and controversial practice.

Reuters | March 31, 2023 | 3:46 pm

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Copper, iron ore price jump sparks rally in mining stocks

Teck Resources down despite better profit in Q4

Rio Tinto becomes sole owner of Pistol Bay uranium assets in Canada

Sandvik invests $25 million to boost use of metal 3D printing

Pile-of-cash dilemma for mining industry once crippled by slump

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