Copper price back below $9,000 on weak China industrial activity Metal price was also impacted by the rise in oil prices and fears about inflation and higher interest rates in the US. MINING.COM Staff Writer | April 3, 2023 | 8:12 am
Factbox: Automakers accelerate the drive to secure battery raw materials Rising demand for EVs is encouraging automakers such as Tesla, Volkswagen and Stellantis to step up efforts to secure raw materials. Reuters | April 3, 2023 | 7:57 am
Sumitomo Metal plans 11% cut in full-year copper output The decline comes as it plans to conduct two-month maintenance at its Toyo Smelter & Refinery in Ehime, western Japan. Reuters | April 3, 2023 | 7:39 am
Mitsui Mining expects H1 zinc output falling 4.7% y/y Mitsui Mining and Smelting Co Ltd plans to produce 107,000 tonnes of refined zinc in the first half of the 2023/24 financial year. Reuters | April 3, 2023 | 7:36 am
Tribeca sees China tensions powering new green metals bets Rising geopolitical tensions and the prospect of industrial decoupling are fueling a surge of interest in the processing of energy-transition metals outside China. Bloomberg News | April 3, 2023 | 7:12 am
Chile economy contracts more than expected on mining drop Mining activity tumbled 3.1% in February from the previous month. Bloomberg News | April 3, 2023 | 7:05 am
Agnico Eagle becomes sole owner of Canadian Malartic mine The world’s third-biggest bullion producer now owns the Canadian Malartic, one of North America’s biggest gold mines. Cecilia Jamasmie | April 3, 2023 | 7:03 am
Researchers find new way to shape tiny gold pieces for electronics Using highly charged ions, it is possible to melt or flatten nano gold nuggets. Staff Writer | April 3, 2023 | 7:00 am
Teck rejects unsolicited $23bn takeover bid from Glencore Teck Resources is instead urging shareholders to approve an already announced separation of Teck Metals and Elk Valley Resources. Cecilia Jamasmie | April 3, 2023 | 4:03 am