China smelters plan output cuts, no Q2 copper guidance price China's top copper smelters have proposed to cut production by 5% to 10%, according to Reuters. Reuters | March 28, 2024 | 3:34 am
Freeport warns copper export ban could cost Indonesia $2bn in lost revenue Indonesia's export ban takes effect from June in an effort to force miners to invest in domestic smelting facilities. Reuters | March 28, 2024 | 3:11 am
Jiangxi Copper sees higher prices as it plans to raise output Shrinking margins haven’t deterred Jiangxi, which plans to increase refined copper output this year by 11% to 2.32 million tons. Bloomberg News | March 27, 2024 | 9:40 pm
Indonesia’s Merdeka sets gold, copper production targets for 2024 It expects to produce 100,000-120,000 oz. of gold from its Tujuh Bukit mine and 14,000-16,000 tonnes of copper from its Wetar mine. Reuters | March 27, 2024 | 6:49 pm
Buenaventura adds two board members from Chile’s Antofagasta A partnership between the two miners began late last year. Reuters | March 27, 2024 | 2:03 pm
Rivers near Congo copper and cobalt mines are toxic – report Local residents reported a lack of clean drinking water. Staff Writer | March 27, 2024 | 9:24 am
Column: Funds stampede into copper as price breaks higher Fund managers have rushed to buy copper after the price broke up out of its one-year trading range earlier this month. Reuters | March 27, 2024 | 8:54 am
Singapore warehouses are filling up with surplus lead and zinc A record delivery of lead into LME warehouses in Singapore has underscored the city state’s emergence as a dumping ground for surplus industrial metals. Bloomberg News | March 27, 2024 | 8:26 am
Magna Mining signs offtake deal with Vale for Crean Hill project Under the agreement, initial production from Crean Hill would be shipped to Vale's Clarabelle mill in Sudbury for processing. Staff Writer | March 27, 2024 | 6:59 am
