Copper price rallies amid rising optimism on Chinese economic outlook Investors are becoming more optimistic about the world’s second-largest economy after the official March manufacturing purchasing figures. Bloomberg News | April 2, 2024 | 5:28 am
Underperforming precious metals and copper stocks poised to correct Demand is being driven by strong central bank buying, with developing nations in particular stocking up on bullion as insurance. Rick Mills - Ahead of the Herd | April 1, 2024 | 2:19 pm
Chile’s mining production up 7.7% in February Following one of the most challenging periods for miners in Chile in years, the country’s industry is finally picking up. Staff Writer | April 1, 2024 | 5:09 am
Mitsubishi Materials sees H1 copper output up 1.8% y/y The Japanese copper smelter said it planned to produce 224,094 tonnes of refined copper in the first half. Reuters | April 1, 2024 | 4:02 am
Mitsui Mining sees H1 zinc output rising 0.9% y/y The Japanese company plans to produce 104,600 tonnes of refined zinc in the first half. Reuters | April 1, 2024 | 3:42 am
Draft decree allows miners in Peru to exceed daily installed capacity by 10% Currently, excess production can reach up to 5% of the total allowed and if miners go over that limit, they have to pay a validation fee. Staff Writer | March 31, 2024 | 6:50 am
CHARTS: Copper price bulls bring back $10,000 forecasts While plummeting spot TC/RCs – from $90+ to $3 – are behind the (already fizzling) rally, copper’s long term supply problems are also firmly back in focus. Frik Els | March 29, 2024 | 1:07 pm
Glencore makes additional investment in Stillwater Critical Minerals Last June, the commodity trading giant made its first investment in the critical minerals explorer. Staff Writer | March 29, 2024 | 8:50 am
Shanghai copper heads for biggest monthly gain in 16 months The most-traded May copper contract has gained nearly 5% so far this month. Reuters | March 29, 2024 | 6:58 am
