Nations Royalty listing marks Indigenous milestone
Frank Giustra-backed company joined the TSXV on Friday in what may be Canada’s first Indigenous company to focus on production contracts like net smelter returns.
Frank Giustra-backed company joined the TSXV on Friday in what may be Canada’s first Indigenous company to focus on production contracts like net smelter returns.
The US Geological Survey reports supply from copper mines in 2023 amounted to only 22 million tonnes. If the copper supply doesn’t grow this year, we are looking at a 6Mt deficit.
The more than 100-year-old diamond miner is seeking options for its spin off from parent Anglo American at a time of depressed diamond prices.
Around 1,500 workers based in Port Talbot and Llanwern, Wales, will begin an all-out indefinite strike next month.
Australia said it would provide A$2 million ($1.33 million) to Papua New Guinea to restore road access to the Porgera gold mine.
The decision was partly triggered by the limited remaining life of the five operating mines that make up the hub.
Last week, Vale and BHP presented Brazilian authorities with a new offer to settle reparations.
A contract totalling $18 million was given to Wood to support the capital works program at the the gold mining operation.
Super cycles occur because of the long lag between commodity price signals and changes in supply.
Copper prices recently hit a record high above $11,000, but have since retreated due to rising inventories and economic weakness in China.