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
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
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
Goldman cuts copper price forecast by $5,000 as bullish bet closed The bank has been one of the biggest cheerleaders of the industrial metal. Bloomberg News | September 3, 2024 | 7:24 am
Xi wants bigger returns, fewer headaches from African debt deals From Angola to Djibouti, for over a decade, China poured more than $120 billion of government-backed loans through its Belt and Road Initiative. Bloomberg News | September 3, 2024 | 7:15 am
The commodity supercycle revisited A new copper supercycle is emerging, built on several rising geopolitical and market trends. Rick Mills - Ahead of the Herd | September 2, 2024 | 12:16 pm
Teck announces new business structure, leadership team post coal exit The new company structure will revolve around two regional business units, North America and Latin America. Staff Writer | September 2, 2024 | 10:16 am
China’s bulging commodity stockpiles show depth of economic woes The government’s growth target for the year looks increasingly out of reach, an unwelcome development for the drillers and miners. Bloomberg News | September 1, 2024 | 4:41 pm