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
Metals Acquisition extends CSA mine life to 11 years after reserve update CSA, acquired from Glencore, is one of Australia’s longest operating copper mines with a history stretching back almost 150 years. Staff Writer | April 23, 2024 | 6:31 am
Anglo American bullish on copper outlook, cuts diamond targets It produced 11% more copper in the first quarter, but its diamond unit De Beers saw output drop by 23% on high inventories. Cecilia Jamasmie | April 23, 2024 | 5:35 am
Freeport-McMoRan beats on copper production, gold output surges The mining giant said its quarterly production of copper rose to 1.1 billion pounds from 965 million pounds a year earlier. Reuters | April 23, 2024 | 5:13 am
Shortages key to copper’s upward price trajectory to new peaks Copper prices have recently been bolstered by expectations of tight supplies and optimism about demand prospects from energy transition. Reuters | April 23, 2024 | 4:54 am
Boliden’s profit halves as strikes, bad weather weigh Operating profit fell 52% from 3.41 billion in the first quarter of 2023. Reuters | April 23, 2024 | 1:44 am
Zijin’s Congo mine shipments returned due to radiation levels, ministry says Congolese mines minister suspended the copper and cobalt operation's licence while it investigated the issue. Reuters | April 22, 2024 | 12:11 pm
Copper price hones in on $10,000/t as supply angst continues Copper climbed as much as 1.1% early Monday to reach $9,988 a ton. Bloomberg News | April 22, 2024 | 5:59 am
Copper demand to boom as new technology drives power consumption, Trafigura says It is estimated that one third of the 10 million tons of new demand would come from the electric vehicle sector. Reuters | April 22, 2024 | 5:31 am