Copper price rises on US jobs data US employers added hundreds of thousands more jobs than expected last month, suggesting the economy may not be in a recession. MINING.COM Staff Writer | August 5, 2022 | 8:56 am
Aurubis retains annual outlook as quarterly profit surges 24% The German industry faces an uncertain winter as Russia is cutting its massive gas deliveries to Germany. Reuters | August 5, 2022 | 8:37 am
Turquoise Hill flags $200 million cost increase at Oyu Tolgoi The miner, which had $500 million in cash at the end of June, said the impact of additional delays will be known before the end of September. Cecilia Jamasmie | August 5, 2022 | 7:03 am
EV sales expected to surpass 2021’s figures despite supply chain disruptions – report IDTechEx expects the electric car market to surpass 2021 sales of ~6.4 million, as sales for the first half of the year have already reached 3.5 million. Staff Writer | August 5, 2022 | 6:06 am
Anglo American to appeal El Soldado project rejection Despite having the backing of the country’s top environmental evaluation authority, the permit for El Soldado Phase V project was declined. Cecilia Jamasmie | August 5, 2022 | 3:58 am
Copper price rebounds as weaker dollar spurs short-covering Copper has lost nearly 30% since hitting a record high of $10,910 a tonne in March. MINING.COM Staff Writer | August 4, 2022 | 9:13 am
Zinc price highest since March as energy crunch threatens smelters Glencore warned that Europe’s energy crisis poses a substantial threat to supply. MINING.COM Staff Writer | August 4, 2022 | 8:54 am
Copper worth nearly half a billion dollars goes missing in China A group of companies is investigating why a commodities storage site is holding only one-third of the copper concentrate they were financing. Bloomberg News | August 4, 2022 | 8:22 am
New ways to deal with arsenic in Chile’s copper mines Chile is encountering a growing number of sulfur-based ore layers containing toxic arsenic in its copper mines. Staff Writer | August 4, 2022 | 5:05 am