A fifth of copper smelting capacity suspended in May, data shows Global inactivity reached 25.4% on May 8, with seasonal maintenance closures remaining a key feature, Earth-i said. Reuters | June 12, 2024 | 11:28 am
Ero Copper’s Tucumã project set for production in early Q3 The Tucumã open-pit mine is expected to produce 7,000 to 25,000 tonnes of copper concentrate this year. Staff Writer | June 12, 2024 | 8:14 am
Zambia to set up mineral investment and trading unit The country, which produced 698,000 tonnes of copper in 2023, is targeting 3 million tonnes in annual output within the next decade. Reuters | June 12, 2024 | 7:43 am
MMG to invest $700 million to double copper output at Botswana mine MMG announced in March that it had completed a deal to buy Canada-based Cuprous Capital, the parent company of Khoemacau mine. Reuters | June 12, 2024 | 7:15 am
BHP, Spence mine workers reach initial wage deal Union members have until Friday to vote on the preliminary wage deal agreed on the fifth day of government-mediated talks. Cecilia Jamasmie | June 12, 2024 | 5:32 am
Forget copper and gold as steel-making raw material outperforms Prices of 44% grade manganese ore have almost doubled since the start of the year, beating gains of 15% in copper, 12% in gold and almost 30% in tin. Bloomberg News | June 12, 2024 | 5:17 am
Chart: Codelco delivers worst month of copper output since 2006 The Chilean state behemoth struggles to maintain its status as the world’s top copper supplier. Bloomberg News | June 11, 2024 | 3:41 pm
Solaris closes $39m financing for Warintza copper project in Ecuador The net proceeds will be used primarily for exploration and infill drilling at the project and for regional exploration. Staff Writer | June 11, 2024 | 12:16 pm
Deep contango in LME base metals signals weak nearby buying interest Spot prices for copper and aluminum in London have moved to sharply deeper discounts to the three-month contract this week. Reuters | June 11, 2024 | 10:34 am
