LME copper stockpiles rebound to highest in nearly two years Stockpiles rose for a sixth day to reach 181,150 metric tons, extending a threefold increase since July. Bloomberg News | October 12, 2023 | 3:54 pm
Copper price advances as metals get help from Fed comments and China Risk assets are getting a boost from some less hawkish Federal Reserve commentary, and from moves by China to bolster its sinking stock market. Bloomberg News | October 12, 2023 | 2:37 pm
Raising capital now biggest risk to mining companies after ESG The massive capital outlays required by the green energy transition have become a top mining boardroom agenda item, says new survey. Frik Els | October 12, 2023 | 1:26 pm
Newcrest investors strongly approve $17 billion Newmont takeover The proposed deal is the third largest ever involving an Australian company. Reuters | October 12, 2023 | 1:19 pm
Rio Tinto builds solar power plant at Kennecott copper operation in Utah The 12,800 solar panel power plant will enable Kennecott to reduce its operational emissions by 3,000 tonnes of carbon dioxide equivalent per year. Staff Writer | October 12, 2023 | 12:08 pm
US steps up efforts to access Africa’s critical minerals Last month, the US government approved $150 million of funding for a graphite project in Mozambique. Bloomberg News | October 12, 2023 | 10:07 am
Ex-Glencore CEO contender sets out to build a Chinese trading giant After just missing out on succeeding Ivan Glasenberg at Glencore, Kenny Ives is now running the trading arm of CMOC Group. Bloomberg News | October 12, 2023 | 10:00 am
BHP averts strike at Escondida mine with preliminary union deal In late September, the union's members rejected a proposal from the company, prompting government mediation to avoid a work stoppage. Reuters | October 12, 2023 | 6:46 am
Researchers monitor emissions from Africa’s Copperbelt mines from space Using satellite data, researchers were able to quantify emissions from individual mines in Africa's Copperbelt. Staff Writer | October 12, 2023 | 6:16 am
