Fitch sees industrial metal prices falling in 2024, gold set to rise London's 2024 benchmark copper price could slip 2% to $8,600 per metric ton, the firm said. Reuters | December 1, 2023 | 10:46 am
Peru mining output grows 3.14% in October, slowest in 8 months Copper production was up 2.1% from the same month a year ago, while gold and zinc jumped 10.0% and 10.4% respectively. Reuters | December 1, 2023 | 10:20 am
China lithium price poised for further decline in 2024 – analysts Lithium carbonate prices in top consumer China could fall by more than 30% next year. Reuters | December 1, 2023 | 8:53 am
Congo’s Gecamines to push for copper, cobalt trading share Congo's State mining group said it will push to secure the rights to buy copper and cobalt at mines it has holdings in. Reuters | December 1, 2023 | 8:06 am
Zambia selects UAE’s IHC unit as new partner in Mopani Copper Mines The new investor is also expected to "reset" Mopani's existing relationship with Glencore, ZCCM said. Reuters | December 1, 2023 | 7:44 am
Copper miners, Chinese smelters agree on first drop in fees in 3 years Miners on Friday reached agreements with Chinese smelters for a lower copper concentrate treatment and refining charges for 2024. Reuters | December 1, 2023 | 7:38 am
Cobalt Blue partners with Japan’s Iwatani for refinery project The proposed refinery, which is located near Perth, Western Australia, will see a large-scale demonstration plant for test work of third-party material. Reuters | November 30, 2023 | 5:30 pm
Codelco’s chief commercial officer resigns Carlos Alvarado will be replaced by Cristobal Fuenzalida a current marketing manager at Codelco. Reuters | November 30, 2023 | 4:02 pm
Panama trade minister resigns after mining contract backlash Jorge Rivera has been named the replacement. Reuters | November 30, 2023 | 3:01 pm
Five charged with 11 million euro metal theft from Aurubis The five people had been charged in connection with the theft of about 5,000 kilograms of materials containing precious metals. Reuters | November 30, 2023 | 2:49 pm
Brazil’s Braskem sued over sinking ground from Alagoas mines The company's rock salt mining activities led to soil subsidence that forced the interdiction of several neighborhoods in Maceio. Reuters | November 30, 2023 | 2:36 pm
Treasury’s Yellen tours lithium plant to bolster Biden’s economic case Livent's facility in Bessemer City, North Carolina, has increased its capacity by 50% in recent years due to increased demand for EVs. Reuters | November 30, 2023 | 2:26 pm