BHP needs to bid about $41 a share for Anglo, JPMorgan says Anglo American has turned down BHP’s bids twice since April 25, stating the offers continue to considerably undervalue the company. Reuters | May 17, 2024 | 4:03 am
Zijin Mining to produce 50% more copper by 2028 China's top copper producer plans to increase output of the metal by 4% in 2025 and to 1.5.-1.6m tonnes, or 50%, in four years. Cecilia Jamasmie | May 17, 2024 | 3:56 am
Biden open to easing sanctions on billionaire Gertler in return for Congo exit The Treasury Department is willing to grant limited sanctions in return for Gertler relinquishing his royalty streams on three strategic projects. Bloomberg News | May 16, 2024 | 3:24 pm
Cochilco raises 2024, 2025 copper price estimates The commission sees average copper prices this year at $4.30 a pound, from $3.85 a pound before. Reuters | May 16, 2024 | 11:35 am
Tin prices may see further support from supply risks, rate cuts, analysts say BMI analysts increased their 2024 tin price forecast, but predicted prices could ease to around $26,000 to $32,000 a ton in the coming months. Reuters | May 16, 2024 | 9:32 am
Fortune Minerals secures $12 million in Canada, US gov’t fundings To date, Fortune has expended more than C$137 million to advance the NICO project to a near shovel-ready project. Staff Writer | May 16, 2024 | 8:59 am
CME boosts margins for copper futures after sizzling rally to record Copper futures hit record highs this week as investors with bearish positions were squeezed. Reuters | May 16, 2024 | 8:11 am
KGHM on course to update on strategy by end of Q3 The Polish miner is considered a major global producer of copper and silver. Reuters | May 16, 2024 | 8:02 am
EU launches trade investigation into Chinese tinplate steel The EU launched the investigation to assess whether imports into the bloc are sold at excessively low prices. Reuters | May 16, 2024 | 8:00 am
