Aurubis says metals sector targeted in cyberattack The company’s shares fell as much as 4.2%. Bloomberg News | October 28, 2022 | 8:07 am
Stellar copper demand from Chinese solar makers seen slowing in 2023 – CRU European demand for the country's solar products has already started to cool. Reuters | October 28, 2022 | 8:00 am
Top investor opposes Gold Fields’ takeover of Yamana Joe Foster, who manages gold funds at investment firm VanEck, said the merger would create a more complex company with not much synergy. Reuters | October 28, 2022 | 7:52 am
Vedanta profit drops 61% as metal prices fall, expenses surge Total expenses surged 43%, with power and fuel charges nearly doubling. Reuters | October 28, 2022 | 7:43 am
Tharisa issues $50m bond for Zimbabwe platinum mine build The bond, which is not rated, is the first issued on Zimbabwe's Victoria Falls Stock Exchange. Reuters | October 28, 2022 | 7:37 am
Chile’s copper production falls in September; industrial output also down The country's statistics agency said the drop was due to lower-grade ore and less processing during the period. Reuters | October 28, 2022 | 7:34 am
Researchers develop Play-Doh-like material that conducts electricity like metal This goes against all of the known rules about conductivity. Staff Writer | October 28, 2022 | 6:06 am
Glencore cuts zinc output guidance after production drops 18% in nine months The forecast comes as the Ukraine war, strikes and floods hit production of five commodities mined by the company. Reuters | October 28, 2022 | 5:31 am
Teck Resources hikes cost of QB2 copper project in Chile again Quebrada Blanca phase 2 is now expected to cost $7.4bn to $7.75bn, up from a July guidance of $6.9bn to $7bn, and an earlier estimate of $4.7bn. Cecilia Jamasmie | October 28, 2022 | 3:56 am