Copper short squeeze in NY prompts rush to send metal to US Comex copper for July delivery jumped to an intraday high of $5.026 a pound on Tuesday, near a record high. Bloomberg News | May 14, 2024 | 1:38 pm
Indigenous group to take fight against Arizona copper mine to Supreme Court The Resolution Copper project, a partnership between Rio and BHP, would supply more than a quarter of US copper. Reuters | May 14, 2024 | 1:06 pm
Teck sees $3bn in annual EBITDA if copper stays around current levels Copper is the main driver of the company's profitability after it sold its steel-making coal business. Reuters | May 14, 2024 | 11:15 am
Korea Zinc sees US opportunities as it targets big copper growth The company is looking to increase its copper production to 150,000 tons a year by 2028 from around 30,000 tons in 2023. Bloomberg News | May 14, 2024 | 9:08 am
Cochilco sees considerable increase in Chile’s copper price forecast Going forward, Cochilco is "moderately optimistic" on how copper prices will evolve. Reuters | May 14, 2024 | 8:45 am
Troilus Gold shares fall on Quebec project feasibility study The Troilus project has an estimated net present value (discounted at 5%) of $884.5 million and an internal rate of return of 14%. Staff Writer | May 14, 2024 | 8:42 am
SolGold secures $10 million loan for Cascabel Loan provides cash to support ongoing operations and flexibility to finalize a more comprehensive financing arrangement. Staff Writer | May 14, 2024 | 8:04 am
Codelco working to meet Q2 production goal, CEO says The state-run copper miner is pushing to boost production up from its lowest in 25 years. Reuters | May 14, 2024 | 8:00 am
CME copper premium to LME attracting metal shipments to US Hedge funds have increased their positions in the futures market amid relatively strong demand in the US. Reuters | May 14, 2024 | 7:23 am
