Fitch sees industrial metal prices falling in 2024, gold set to rise London's 2024 benchmark copper price could slip 2% to $8,600 per metric ton, the firm said. Reuters | December 1, 2023 | 10:46 am
Peru mining output grows 3.14% in October, slowest in 8 months Copper production was up 2.1% from the same month a year ago, while gold and zinc jumped 10.0% and 10.4% respectively. Reuters | December 1, 2023 | 10:20 am
Vale Base Metals in search of new CEO Deshnee Naidoo will step down from her position as CEO effective March 31. Staff Writer | December 1, 2023 | 9:37 am
Shares of Anglo American and Antofagasta rally after UBS upgrade Anglo American shares surged 7.8% in London after UBS upgraded its rating from neutral to buy. Staff Writer | December 1, 2023 | 9:17 am
Copper price climbs to three-month high on Panama mine risk, shortfall The metal rose as much as 1.2% on Friday, tracking a rally in European and Chinese stock markets. Bloomberg News | December 1, 2023 | 8:40 am
Congo’s Gecamines to push for copper, cobalt trading share Congo's State mining group said it will push to secure the rights to buy copper and cobalt at mines it has holdings in. Reuters | December 1, 2023 | 8:06 am
Zambia selects UAE’s IHC unit as new partner in Mopani Copper Mines The new investor is also expected to "reset" Mopani's existing relationship with Glencore, ZCCM said. Reuters | December 1, 2023 | 7:44 am
Copper miners, Chinese smelters agree on first drop in fees in 3 years Miners on Friday reached agreements with Chinese smelters for a lower copper concentrate treatment and refining charges for 2024. Reuters | December 1, 2023 | 7:38 am
Scientists use copper to reduce cost of cancer treatment UCLA researchers devised an inexpensive way to produce a molecule used in anti-cancer drugs from a chemical costing just $3 per gram. Staff Writer | December 1, 2023 | 5:54 am
