GRAPHIC: More zinc mine suspensions loom if prices stay below $2,400/tWeak demand from the construction industry has pushed zinc prices to levels which leave some miners with little or no profit.Reuters | June 23, 2023 | 8:22 am
Mexican president pushes new labor minister to resolve Grupo Mexico conflictGrupo Mexico recently clashed with Lopez Obrador over a railway…Reuters | June 22, 2023 | 1:32 pm
Iron ore leads metals higher on hopes for more China stimulusAfter swinging between gains and losses since Monday, iron ore…Bloomberg News | June 22, 2023 | 7:37 am
Carlyle’s Currie sees copper price capped at $9,500 on China demand The red metal has fallen 19% from May’s all-time high of $11,104.50, pressured by bloated inventories and signs that consumption in China is soft. Bloomberg News | September 4, 2024 | 9:42 am
Ivanhoe Mines’ Kamoa-Kakula achieves record copper production in August Copper complex in the DRC achieved a monthly production of 40,347 tonnes of copper in concentrate in August. Staff Writer | September 4, 2024 | 9:38 am
LME seeks to boost electronic trading, reassure physical users The measures attempt to navigate a recurring tension between traditional physical users and the financial community which prefers electronic trading. Reuters | September 4, 2024 | 7:07 am
Glencore’s Peru boss Soyer to step down after Volcan sale Glencore's head of Peruvian operations is stepping down from her position. Reuters | September 4, 2024 | 7:04 am
Russia launches major zinc concentrate plant after delays linked to fire, US sanctions Ozernoye aims to process up to 6 million tons of zinc ore when it reaches full capacity in 2025. Reuters | September 4, 2024 | 6:57 am
Codelco bids $500 million for stake in key Chile copper mine The proposal to acquire a 10% stake in the Quebrada Blanca mine from fellow state firm Enami is reportedly before the latter’s board. Bloomberg News | September 3, 2024 | 4:15 pm
Cerro de Pasco Resources sells Santander zinc mine in Peru In June 2023 the operation underwent curtailment due to weak zinc prices. Staff Writer | September 3, 2024 | 1:30 pm
Guest Column: Critical minerals, Western security and the case for US leadership The International Energy Agency estimates an extra $800 billion of investment in new mining projects is needed by 2040 to meet the 1.5 °C target. Dominic Raab | September 3, 2024 | 12:14 pm
US-backed Angola rail plan secures $200 million from key bank The Development Bank of Southern Africa has approved as much as $200 million for the Lobito corridor rail project. Bloomberg News | September 3, 2024 | 10:56 am