Copper hits new three-month low with Chinese demand in focus Prices for the metal fell for a sixth day, even after China announced a surprise interest-rate cut. Bloomberg News | July 22, 2024 | 7:38 am
Zambia sees copper output growing to 1 million tonnes by 2027 Africa’s second-largest copper producer is seeking to take advantage of what many predict will be a supply shortfall in the coming years. Bloomberg News | July 22, 2024 | 7:07 am
Anglo American to sell two assets to Taurus Funds for up to $195 million Anglo plans to divest less profitable assets and focus on expanding copper output. Reuters | July 22, 2024 | 7:01 am
Column: After three years of exports China is now short of lead The global lead market has bifurcated since the start of June, with Shanghai prices significantly outperforming that of the LME. Reuters | July 21, 2024 | 12:05 pm
Saudi Arabia to visit Brazil and Chile as seeks to diversify mining The diversification strategy includes plans to expand into international mining to secure access to minerals including copper, cobalt and nickel, as well as lithium. Reuters | July 21, 2024 | 9:41 am
Video: Junior market dominated by ‘the lame, the halt and the blind,’ says Rule Over two-thirds of today’s junior miners are essentially worthless, says resource speculator Rick Rule. Northern Miner Staff | July 19, 2024 | 12:30 pm
Congo’s South Kivu governor suspends mining operations in province The decision will hit artisanal miners of metals such as gold and tin hard, as they are the region's dominant producers. Reuters | July 19, 2024 | 10:12 am
Vedanta pays $246 million to regain Zambia copper mines The metals and energy major plans to ramp up copper production from the mines to 300,000 tons a year and cobalt output to 6,000 tons. Bloomberg News | July 19, 2024 | 10:02 am
Zambia asks mines to curtail normal power use by 40% amid crunch Production has so far been stable thanks to co-operation between the mining industry and the government. Bloomberg News | July 19, 2024 | 9:49 am