B2Gold releases PEA for scaled down Gramalote project in Colombia The project is given an after-tax net present value of $778 million and an after-tax internal rate of return of 20.6%. Staff Writer | June 19, 2024 | 10:24 am
New York copper market tightens again, piling pressure on shorts The July-delivery Comex copper traded at a 7.4 cent-per-pound premium to the September contract. Bloomberg News | June 19, 2024 | 9:38 am
JCHX closes in on Zambian copper mine deal as China tightens Africa grip The deal to buy an 80% stake in Zambia's Lubambe copper mine is nearing completion. Reuters | June 19, 2024 | 9:33 am
China’s copper exports hit a record as deflation bites at home Exports of unwrought copper and products in May doubled from the previous year to nearly 150,000 tons, just topping the previous high reached in 2012. Bloomberg News | June 19, 2024 | 9:20 am
K92 Mining enters new loan, offtake deal with Trafigura The company said the loan is "an important financial de-risking milestone" for delivering the Stage 3 and 4 expansions of the Kainantu gold mine. Staff Writer | June 19, 2024 | 9:06 am
China is building Europe battery supply in Morocco, VW unit says Morocco is rich in phosphate resources, key to making LFP cells. Bloomberg News | June 19, 2024 | 7:47 am
Trafigura-led group orders 275 wagons for US-backed Lobito rail The Lobito corridor is seen as a key export route from mines in Congo and Zambia for copper and cobalt. Bloomberg News | June 19, 2024 | 7:37 am
Tianqi says Chile regulator decision has no major impact to 2024 financial result Chile's financial regulator said the Codelco-SQM joint venture does not need to face a vote by SQM shareholders. Reuters | June 19, 2024 | 7:33 am
US-based Capital Group sells Fortescue shares worth $489 million Shares of the world's fourth-largest iron ore miner have fallen nearly 25% so far this year. Reuters | June 19, 2024 | 7:30 am
