Miners need to invest over $100 billion to meet copper demand The global copper industry needs to build mines that close what could be an annual supply deficit of 4.7 million tonnes by 2030, says CRU. Cecilia Jamasmie | March 31, 2022 | 4:44 am
China Moly wants third party to resolve Congo mine dispute Tenke is one of the world’s most important sources of cobalt, a mineral used in electric car batteries. Bloomberg News | March 30, 2022 | 2:14 pm
Zinc price to remain high in the near term on Russia-Ukraine conflict – report Fitch Solutions revises 2022 zinc price to $3,500/t from $2,900/t expected previously. MINING.COM Staff Writer | March 30, 2022 | 11:11 am
Skeena inks deals to acquire BC-based QuestEx and sell selected properties to Newmont The transaction will add over 740 sqkm of land to Skeena’s holding, for a sevenfold increase. Staff Writer | March 30, 2022 | 10:03 am
Excelsior releases updated PFS on Gunnison, PEA on Johnson Camp The Gunnison project is permitted to produce 125 million lb. of copper cathode a year. Staff Writer | March 30, 2022 | 8:37 am
Antofagasta expects high copper prices for next 12 months, CEO says Arriagada also said the company is still looking to develop its Twin Metals project despite the Biden administration's refusal to renew its licenses. Reuters | March 30, 2022 | 8:21 am
Ivanhoe Mines’ Friedland sees logistics cost squeeze easing High shipping costs have posed a "challenge" for Democratic Republic of Congo-focused copper producer. Reuters | March 30, 2022 | 7:48 am
Congo halts court case against China Moly’s Tenke mine Government said it had laid out “a road map to exit the crisis, along with a timeline" for the two sides to come to an agreement. Cecilia Jamasmie | March 30, 2022 | 3:47 am
China copper smelters raise Q2 treatment charge floor as supply woes ease The rates are up 14.3% from $70 per tonne and seven cents a pound in the first quarter. Reuters | March 29, 2022 | 10:02 pm