Teck sees $3bn in annual EBITDA if copper stays around current levels Copper is the main driver of the company's profitability after it sold its steel-making coal business. Reuters | May 14, 2024 | 11:15 am
Korea Zinc sees US opportunities as it targets big copper growth The company is looking to increase its copper production to 150,000 tons a year by 2028 from around 30,000 tons in 2023. Bloomberg News | May 14, 2024 | 9:08 am
Cochilco sees considerable increase in Chile’s copper price forecast Going forward, Cochilco is "moderately optimistic" on how copper prices will evolve. Reuters | May 14, 2024 | 8:45 am
Troilus Gold shares fall on Quebec project feasibility study The Troilus project has an estimated net present value (discounted at 5%) of $884.5 million and an internal rate of return of 14%. Staff Writer | May 14, 2024 | 8:42 am
SolGold secures $10 million loan for Cascabel Loan provides cash to support ongoing operations and flexibility to finalize a more comprehensive financing arrangement. Staff Writer | May 14, 2024 | 8:04 am
Codelco working to meet Q2 production goal, CEO says The state-run copper miner is pushing to boost production up from its lowest in 25 years. Reuters | May 14, 2024 | 8:00 am
CME copper premium to LME attracting metal shipments to US Hedge funds have increased their positions in the futures market amid relatively strong demand in the US. Reuters | May 14, 2024 | 7:23 am
European deep mine operators looking into underground energy storage Underground energy storage gives end-of-life mine shafts, which otherwise face costly infilling and decommissioning costs, a second life. Staff Writer | May 14, 2024 | 5:38 am
Anglo American to sell De Beers, Amplats to fend off BHP’s bid Anglo plans to focus on copper while spinning out or selling its less profitable diamond, platinum, coal and nickel businesses. Cecilia Jamasmie | May 14, 2024 | 4:04 am