Anglo American shrinks trading unit as part of major restructuring The miner also announced internally that it will no longer enter into long-term deals to buy commodities that it doesn’t already produce. Bloomberg News | July 22, 2024 | 10:37 am
China’s refined copper exports double to record on surplus Shipments more than doubled to 157,751 tons in June from May, well above the previous all-time high of 102,000 tons in 2012. Bloomberg News | July 22, 2024 | 9:25 am
Indonesia launches nickel, tin online tracking system The system, known as SIMBARA, was first implemented in 2022 to track coal, with a plan to widen its use to other minerals. Reuters | July 22, 2024 | 9:19 am
Ero Copper and Vale close agreement on Brazil’s Furnas project The iron oxide-copper-gold project is located near Vale's Salobo operations and Ero’s Tucumã project. Staff Writer | July 22, 2024 | 9:01 am
Solaris estimates in-pit resource for Warintza project The resource totalled 909 million tonnes grading 0.53% copper equivalent in the measured and indicated categories. Staff Writer | July 22, 2024 | 8:47 am
Western miners push for higher metals prices to ward off Chinese rivals Industry leaders have pushed for two pricing structures for several years. Reuters | July 22, 2024 | 8:10 am
Copper hits new three-month low with Chinese demand in focus Prices for the metal fell for a sixth day, even after China announced a surprise interest-rate cut. Bloomberg News | July 22, 2024 | 7:38 am
Zambia sees copper output growing to 1 million tonnes by 2027 Africa’s second-largest copper producer is seeking to take advantage of what many predict will be a supply shortfall in the coming years. Bloomberg News | July 22, 2024 | 7:07 am
Anglo American to sell two assets to Taurus Funds for up to $195 million Anglo plans to divest less profitable assets and focus on expanding copper output. Reuters | July 22, 2024 | 7:01 am
