Trafigura CEO says tight metal supply threatens green transition The world’s biggest copper trader has been vocal in warning that higher prices will be needed to incentivize miners to bring new production online. Bloomberg News | March 8, 2023 | 1:48 pm
BHP eyes copper, nickel projects as it bypasses lithium BHP expects global copper and nickel supplies to remain below demand as few new mines for either metal are coming online in the near future. Reuters | March 8, 2023 | 1:29 pm
Battery metal frenzy outshines recovery fears at PDAC The rush for battery metals has prompted a flurry of activity from investors not typically associated with the mining industry. Bloomberg News | March 8, 2023 | 12:28 pm
Copper miners scramble for workers to supply green energy transition With workers opting for jobs that are less physically demanding jobs and not in far-flung locales, attracting mining talent is now a key problem for the industry. Reuters | March 8, 2023 | 9:56 am
China copper exports to jump in rare deliveries to LME depots At least four major smelters are planning to deliver between 23,000 and 45,000 tons of refined copper in total to LME depots in Asia. Bloomberg News | March 8, 2023 | 9:47 am
Panama and First Quantum agree on details for copper mine contract The new contract guarantees a minimum annual income of $375 million to the Central American government. Reuters | March 8, 2023 | 7:29 am
Battery bonanza is being sparked by coal’s exit in Australia Australia’s rapid shift from coal-fired power to cleaner alternatives is underwriting a boom in battery projects able to store solar and wind energy. Bloomberg News | March 8, 2023 | 5:52 am
Rio Tinto keeps working to build Indigenous support for Resolution mine Resolution is key to the mining giant's future as the project would produce more than 40 billion pounds of copper. Reuters | March 7, 2023 | 9:58 am
British Columbia exploration spending hits 10-year high in 2022 Copper exploration spending jumped 84% year over year in 2022, rising from C$128 million in 2021 to C$235 million. Staff Writer | March 7, 2023 | 9:52 am