Chart: Codelco delivers worst month of copper output since 2006 The Chilean state behemoth struggles to maintain its status as the world’s top copper supplier. Bloomberg News | June 11, 2024 | 3:41 pm
Column: China’s strong iron ore imports contrast with weak steel output China imported 102 million tonnes in May, marking a third straight month of arrivals of more than 100 million tonnes. Reuters | June 11, 2024 | 1:22 pm
Sandvik electrifies its largest intelligent rotary blasthole drill Ideal for iron ore and copper applications, Sandvik DR416iE can drill a hole diameter range of 270 to 406 millimeters. Sandvik | June 11, 2024 | 1:09 pm
Ontario Mine Rescue names 2024 provincial competition winners Out of eight teams, Agnico Eagle’s Macassa Mine came out on top – the first provincial victory for the mine since 1986. Staff Writer | June 11, 2024 | 12:18 pm
Solaris closes $39m financing for Warintza copper project in Ecuador The net proceeds will be used primarily for exploration and infill drilling at the project and for regional exploration. Staff Writer | June 11, 2024 | 12:16 pm
US imposes sanctions on Guyanese mining magnate over alleged fraud The sanctions, which target three of Nazar Mohamed's companies as well as a Guyanese government official. Reuters | June 11, 2024 | 12:09 pm
Deep contango in LME base metals signals weak nearby buying interest Spot prices for copper and aluminum in London have moved to sharply deeper discounts to the three-month contract this week. Reuters | June 11, 2024 | 10:34 am
Elliott steps in to back faltering Canadian copper miner after bankruptcy Before Monday’s bankruptcy filing, Nevada Copper had attracted two bidders though it failed to close a deal with either one. Bloomberg News | June 11, 2024 | 10:25 am
Freeport-McMoRan looking for ways to expand copper production, CEO says The company isn’t under pressure to follow rivals like BHP in seeking acquisitions, and will instead focus on innovation to grow production and lower costs, CEO Kathleen Quirk said. Bloomberg News | June 11, 2024 | 10:10 am