US says billionaire Gertler’s royalties must go to Congo for sanctions deal A senior White House adviser said lifting that punishment is necessary to open up the assets to new investments that support US interests. Bloomberg News | July 22, 2024 | 12:14 pm
Vale to open new copper-nickel mine in Ontario The Stobie pit is the first phase of Vale's C$945 million plans to revitalize the copper complex in Sudbury. Staff Writer | July 22, 2024 | 11:18 am
Copper prices, output drive Grupo Mexico profit jump Copper production during the quarter totaled 270,747 metric tons, up 4.7% from a year earlier. Reuters | July 22, 2024 | 10:40 am
Anglo American shrinks trading unit as part of major restructuring The miner also announced internally that it will no longer enter into long-term deals to buy commodities that it doesn’t already produce. Bloomberg News | July 22, 2024 | 10:37 am
China’s refined copper exports double to record on surplus Shipments more than doubled to 157,751 tons in June from May, well above the previous all-time high of 102,000 tons in 2012. Bloomberg News | July 22, 2024 | 9:25 am
Indonesia launches nickel, tin online tracking system The system, known as SIMBARA, was first implemented in 2022 to track coal, with a plan to widen its use to other minerals. Reuters | July 22, 2024 | 9:19 am
Ero Copper and Vale close agreement on Brazil’s Furnas project The iron oxide-copper-gold project is located near Vale's Salobo operations and Ero’s Tucumã project. Staff Writer | July 22, 2024 | 9:01 am
Solaris estimates in-pit resource for Warintza project The resource totalled 909 million tonnes grading 0.53% copper equivalent in the measured and indicated categories. Staff Writer | July 22, 2024 | 8:47 am
Western miners push for higher metals prices to ward off Chinese rivals Industry leaders have pushed for two pricing structures for several years. Reuters | July 22, 2024 | 8:10 am
