New sanctions bar UK entities from trading most Russian metals Prices of metals produced by Russia surged as panicky traders struggled to understand how widespread the impact of the measures would be. Bloomberg News | December 15, 2023 | 6:41 am
TechMet urges UK Gov’t to “catch up” on race for critical minerals The UK is "way behind" where it should be to ensure sufficient supplies of critical metals for EVs and renewable energy storage sectors, report says. Staff Writer | December 15, 2023 | 1:01 am
Rio Tinto’s Nuton, Arizona Sonoran Copper ink joint venture option on Cactus project Rio Tinto invested C$30.5 million for a 7.4% stake last year in the project. Henry Lazenby | December 14, 2023 | 5:20 pm
Workers at Antofagasta copper mine approve contract offer, averting strike The nearly 400 employees represented by the union rejected an earlier contract proposal last month. Reuters | December 14, 2023 | 12:03 pm
NORI says environmental impact of seafloor mining less than feared The Metals Company is planning to begin deep sea mining by late-2025. Staff Writer | December 14, 2023 | 10:50 am
Seabridge confirms new porphyry discovery at Iskut property in British Columbia Snip North is one of several recognized mineral occurrences at Iskut that are interpreted as high-level expressions of copper-gold porphyry systems. Staff Writer | December 14, 2023 | 9:16 am
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