Trump re-election may lead to commodity market fragmentation: HSBC Commodity markets, already contending with high prices driven by structural supply constraints, also face uncertainties from increased geopolitical tensions. Reuters | June 28, 2024 | 3:45 am
Seabridge reports first resource for Bronson Slope deposit in British Columbia The deposit is part of the company’s Iskut porphyry project in BC's Golden Triangle. Marilyn Scales - Canadian Mining Journal | June 27, 2024 | 10:56 am
Lundin weighs sale of zinc mines in Sweden and Portugal The Vancouver-based miner is gauging interest in its Zinkgruvan mine in Sweden and Neves-Corvo mine in Portugal. Bloomberg News | June 27, 2024 | 10:47 am
Freeport Indonesia launches $3.7bn Gresik copper smelter to meet renewables demand The smelter's total input capacity is 1.7 million metric tons of copper concentrate. Reuters | June 27, 2024 | 10:04 am
Chile’s copper miners will need more energy, water to keep up production, Cochilco says Miners will increasingly get their energy from renewable sources, which are set to make up nearly 80% of the energy supply by 2026. Reuters | June 27, 2024 | 9:16 am
Uzbek copper producer will spend $15 billion to more than double output AGMK's plans include boosting both mining and ore processing facilities and the construction of a new smelter. Reuters | June 27, 2024 | 7:57 am
China’s Norinco agrees to buy struggling Congo cobalt miner Chemaf The deal with Norin Mining will enable Chemaf to settle its debts. Reuters | June 27, 2024 | 7:43 am
London Metal Exchange mulls adding warehouse in Hong Kong The LME is exploring whether to license a warehouse in Hong Kong as it seeks to strengthen services to clients in China. Bloomberg News | June 27, 2024 | 7:40 am
Antofagasta lowers copper treatment fees for some Chinese smelters The miner has agreed a sharp reduction to copper treatment and refining charges to $23.25 a metric ton and $2.325 cents a pound. Reuters | June 27, 2024 | 7:22 am