Copper price extends slide on soft Chinese demand and stronger dollar The metal has shed 14% since rocketing to a record above $11,000 a ton in May. Bloomberg News | June 26, 2024 | 6:48 am
Lundin Mining to up stake in Caserones copper mine to 70% The Canadian miner is acquiring an additional 19% interest in the copper-molybdenum mine in Chile for $350 million. Cecilia Jamasmie | June 26, 2024 | 5:15 am
Teck, Taku River Tlingit First Nation, BC partner on Tulsequah Chief mine remediation News comes years after the Ministry of Energy and Mines first ordered a now-bankrupt junior to clean up an acid rock drainage problem at the mine near Atlin, British Columbia. Amanda Stutt | June 25, 2024 | 4:54 pm
Column: Copper stocks surge offers little relief for CME shorts Rising global exchange stocks of copper have damped bullish spirits. Reuters | June 25, 2024 | 2:13 pm
McEwen Copper makes share offer of $70 million to advance Los Azules McEwen is currently working on a bankable feasibility study for Los Azules, due by the end of the first quarter of 2025. Staff Writer | June 25, 2024 | 10:55 am
Japan finds over 200 million tonnes of battery metals in seabed The nodules are said to contain 610,000 tonnes of cobalt (75 years of Japan’s consumption) and 740,000 tonnes of nickel (11 years). Cecilia Jamasmie | June 25, 2024 | 4:09 am
Fireweed closes upsized offering for critical metals exploration in northern Canada The net amounts raised by both types of flow-through shares will be used for exploration expenses in the Yukon Territory. Staff Writer | June 24, 2024 | 11:35 am
Ex-Trafigura metals boss to run new team of 40 at rival Mercuria A copper trader who has long been one of the most bullish voices in the market, Kostas Bintas will start next week at Mercuria. Bloomberg News | June 24, 2024 | 11:11 am
Adani, Hindalco show interest as Hindustan Copper plans to develop two mines Both mines with a combined capacity of 3 million metric tons are located in the eastern state of Jharkhand. Reuters | June 24, 2024 | 7:23 am