Lundin pitches BHP on joint bid for copper miner Filo The move could solve fundraising needs for a neighboring project it wants to build. Bloomberg News | July 12, 2024 | 1:22 pm
Copper bull market buoyed by aging legacy mines, says analyst As grades get lower, companies will have to increase their capital intensity to pull that production forward, said the VP of Stifel Financial. Staff Writer | July 12, 2024 | 8:48 am
Rio Tinto mulls potential bid for Teck — report Rio Tinto has held talks with bankers, but is not immediately planning to launch a bid for the Canadian miner, Sky News reported. Cecilia Jamasmie | July 12, 2024 | 3:33 am
Nearby copper price hit by weak China demand, warehouse surplus Industry sources say the reason behind record high contangos is climbing costs of financing metals fuelled by higher interest rates. Reuters | July 11, 2024 | 9:43 am
Zambia says China’s JCHX will invest $300m in Lubambe copper mine Some of the investment will go toward sinking a new shaft at Lubambe over the next two to five years. Reuters | July 11, 2024 | 7:55 am
Mining vs AI: What’s wrong with this picture? As the saying from mid-19th century California goes, during a gold rush the easiest way to get rich is selling shovels and picks. Frik Els | July 10, 2024 | 6:15 pm
Mexico mining investment seen stable at $5 billion in 2024, says industry group The 2023 investment level fell 5.8% from the previous year to $4.96 billion. Reuters | July 10, 2024 | 3:01 pm
Column: China’s refined copper imports remain surprisingly strong China once again holds the key to copper's fortunes as the market waits for the world's largest buyer to shake off its property woes. Reuters | July 10, 2024 | 2:04 pm
Sprott says new copper fund too small to pose market risk The Sprott Physical Copper Trust, which began trading in June, holds more than 10,000 metric tons of copper in warehouses mostly in Asia. Bloomberg News | July 10, 2024 | 9:47 am