Copper price jumps amid anticipation of 2024 interest rate cuts Fed Chair Jerome Powell said the historic tightening of monetary policy was likely over as inflation falls faster than expected. Staff Writer | December 14, 2023 | 8:36 am
Mitsubishi, Freeport completes copper smelter expansion in Indonesia PT Smelting inaugurated on Thursday an expansion in capacity of its smelter facility in East Java. Reuters | December 14, 2023 | 7:29 am
Billionaire Adani’s new copper foray to further tighten world’s ore supply The planned start of billionaire Gautam Adani’s copper plant in India next year will spur a sharp rise in imports of concentrate. Bloomberg News | December 14, 2023 | 6:48 am
Gates, Bezos-backed KoBold Metals in four-continent quest for lithium The start-up is deploying AI-based technology to search for lithium in South Korea, Canada, the US, Australia and Africa. Cecilia Jamasmie | December 14, 2023 | 5:13 am
Ivanhoe Mines arranges $370 million private placement The proposed financing will see Ivanhoe offer approximately 41.66 million Class A common shares for sale at C$12.00 each. Staff Writer | December 13, 2023 | 12:08 pm
Antofagasta, union extend talks to allow contract vote If the two groups fail to come to an agreement, workers will go on strike beginning on Dec. 19. Reuters | December 13, 2023 | 8:13 am
Record resources deals rescue a dim year for Australian bankers About $A111.3 billion of energy and mining deals have been announced in Australia year-to-date, accounting for almost half of all transactions in the country. Bloomberg News | December 12, 2023 | 5:34 pm
US sanctions Russian metals magnate Sviblov and gold, zinc firms The Ozernoye mine had drawn the attention of traders including Trafigura Group and Open Mineral. Bloomberg News | December 12, 2023 | 2:14 pm
Komatsu, GM to co-develop hydrogen fuel cells for electric trucks The two have created a joint venture to co-develop a hydrogen fuel cell power module for the 930E electric drive mining truck. Cecilia Jamasmie | December 12, 2023 | 8:47 am