MINING.COM

Hedge funds’ bullish copper bets run into China’s slowdown

Without western investors buying, all eyes are back on China, and a copper market that several industry insiders say is still the weakest they’ve ever seen it.

Bloomberg News | June 23, 2024 | 12:12 pm

Tesla, Yahua ink three-year lithium carbonate supply deal

Currently, there is an existing contract signed for Yahua to supply 63,000 to 88,000 tonnes of lithium hydroxide to Tesla from 2021-2025.

Staff Writer | June 23, 2024 | 10:14 am

E-fuels offer cleaner alternative to fossil fuels, but production cost a key challenge — report

E-fuels can offer a solution to power critical segments of transportation such as ships, long-haul aircraft and heavy-duty commercial vehicles, the firm says.

Staff Writer | June 23, 2024 | 8:52 am

Beaty optimistic on Mexico ahead of cross-Canada bike trip to Greenstone mine opening

Mexico’s new leader is an improvement while Canada should be careful in blocking Chinese investment, according to the Canadian Mining Hall of Famer.

Henry Lazenby - The Northern Miner | June 21, 2024 | 3:13 pm

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.

Henry Lazenby - The Northern Miner | June 21, 2024 | 2:45 pm

Copper price slides from record on Chinese stockpiles

High prices also weakened manufacturing demand and may see China switch out copper for aluminum.

Colin McClelland - The Northern Miner | June 21, 2024 | 2:33 pm

De Beers Canada JV partner says diamond miner in no rush to sell

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.

Reuters | June 21, 2024 | 12:16 pm

Codelco working to securing deliveries after cargo train crash

A passenger train on a test run by Chile's state rail operator collided with a private cargo train carrying about 1,346 metric tons of copper on Thursday.

Reuters | June 21, 2024 | 11:27 am