Coast Copper doubles size of Sully property near former Teck mineThe Cominco/Teck-operated Sullivan mine was once a major producer of base metals.Staff Writer | June 18, 2024 | 1:52 pm
Peru miner Volcan eyes $200 million in further asset salesThe company, in which Glencore Plc sold a controlling stake…Bloomberg News | June 17, 2024 | 1:03 pm
Deep contango in LME base metals signals weak nearby buying interestSpot prices for copper and aluminum in London have moved…Reuters | June 11, 2024 | 10:34 am
Zijin Mining expects first-half profit leap on higher gold and copper output First-half net profit could reach up to $2.13 billion, up 50% year on year, the company said. Reuters | July 8, 2024 | 7:16 am
Silvercorp acquisition of Adventus hits roadblock Silvercorp sees potential cancellation of the environmental permit for Adventus' El Domo project as an unmet condition for closing the deal. Cecilia Jamasmie | July 8, 2024 | 3:36 am
Canada puts its big miners off limits just as M&A is heating up Foreign takeovers of mining companies have been a touchy topic ever since a wave of deals 18 years ago took out some of the country’s biggest players. Bloomberg News | July 6, 2024 | 7:55 pm
Canada’s move to protect mining sector shields takeover targets Teck Resources spent much of last year fending off Glencore’s $23 billion takeover attempt before the Swiss company opted instead to just buy the company’s steelmaking coal business. Bloomberg News | July 5, 2024 | 4:00 pm
Vedanta says it has arranged $250 million to settle Zambian copper mine debts Vedanta will still need to raise an additional $1 billion revive the mining operations at KCM. Reuters | July 5, 2024 | 10:19 am
Panic short-covering ignites Comex copper as shipments fail to arrive August futures on Comex on Friday climbed to a five-week high of $4.6965 a pound or $10,354 a metric ton. Reuters | July 5, 2024 | 9:31 am
Copper price surpasses $10,000, expected to rise further, says Citigroup Longer term, the metal has a chance to reach $12,000 due to the onset of rate cuts. Staff Writer | July 5, 2024 | 8:27 am
Amman Mineral seeks up to $1.5 billion loan for mine expansion The company currently owns Indonesia's second-largest copper and gold mine. Bloomberg News | July 5, 2024 | 7:56 am
Key China copper premium climbs above zero as orders pick up Copper’s surge to a record on wave of speculative money has run out of steam in recent months. Bloomberg News | July 5, 2024 | 7:30 am