Saudi’s new mining vehicle picks industry veteran as first CEO Manara Minerals has hired veteran dealmaker Pierre Chenard to be its first permanent chief executive officer. Bloomberg News | May 15, 2024 | 8:52 am
Congo demands international embargo on Rwandan mineral exports The DRC government accuses Rwanda of using rebel groups to steal its natural resources. Bloomberg News | May 15, 2024 | 8:52 am
Trafigura, IXM caught in Comex copper short squeeze as prices hit record US Comex copper May futures hit a record peak of $5.18 a lb. Reuters | May 15, 2024 | 8:17 am
EU to call for mineral projects, eyes joint purchases The EU Critical Raw Materials Act is designed to guarantee a supply of lithium, copper and other minerals for green technologies. Reuters | May 15, 2024 | 7:34 am
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
