Mongolia, Rio Tinto have resolved nearly all copper mine tax issues – PM The partners spent years mired in a tussle over development of the Oyu Tolgoi mine which is the country's biggest foreign investment. Reuters | August 3, 2023 | 6:47 am
Metals traders are leaving hedge funds as markets disappoint Despite the personnel moves, there aren’t yet signs of permanent retrenchment among hedge funds in metals. Bloomberg News | August 3, 2023 | 6:31 am
Global copper smelting ticked higher in July, but China slid Apart from Asia and Oceania, all other regions outside China recorded increasing levels of activity. Reuters | August 3, 2023 | 6:12 am
Myanmar tin ban in Wa region may cut China’s smelter output in H2 China sources over half of its import needs in tin concentrate from Myanmar. Reuters | August 3, 2023 | 5:51 am
Canadian deep-sea miner TMC to seek licence in 2024 The Metals Company is ready to apply for a mining licence next year, with production expected as early as the fourth quarter of 2025. Cecilia Jamasmie | August 3, 2023 | 5:15 am
Britain agrees deals on clean energy, critical minerals with Zambia The foreign ministry would agree on a UK-Zambia Green Growth Compact, aimed at generating £2.5 billion pounds of British private sector investment. Reuters | August 2, 2023 | 4:25 pm
Solitario Resources stock lifted by Newmont investment Newmont has become its largest controlling shareholder following a $1.8m investment. Staff Writer | August 2, 2023 | 4:21 pm
Codelco sees copper output bottoming out with recovery in sight Its chairman said the $3.5 billion to $4 billion a year Codelco is spending will ensure production over the next five decades. Bloomberg News | August 2, 2023 | 12:20 pm
Over 20m tonnes of copper demand could be destroyed through 2030 New research lays out scope of substitution and thrifting of copper as automakers and other manufacturers find ways to head off a supply crunch. Frik Els | August 2, 2023 | 11:17 am