New York copper market tightens again, piling pressure on shorts

The July-delivery Comex copper traded at a 7.4 cent-per-pound premium to the September contract.

Bloomberg News | June 19, 2024 | 9:38 am

JCHX closes in on Zambian copper mine deal as China tightens Africa grip

The deal to buy an 80% stake in Zambia's Lubambe copper mine is nearing completion.

Reuters | June 19, 2024 | 9:33 am

China’s copper exports hit a record as deflation bites at home

Exports of unwrought copper and products in May doubled from the previous year to nearly 150,000 tons, just topping the previous high reached in 2012.

Bloomberg News | June 19, 2024 | 9:20 am

K92 Mining enters new loan, offtake deal with Trafigura

The company said the loan is "an important financial de-risking milestone" for delivering the Stage 3 and 4 expansions of the Kainantu gold mine.

Staff Writer | June 19, 2024 | 9:06 am

China is building Europe battery supply in Morocco, VW unit says

Morocco is rich in phosphate resources, key to making LFP cells.

Bloomberg News | June 19, 2024 | 7:47 am

Tianqi says Chile regulator decision has no major impact to 2024 financial result

Chile's financial regulator said the Codelco-SQM joint venture does not need to face a vote by SQM shareholders.

Reuters | June 19, 2024 | 7:33 am

US-based Capital Group sells Fortescue shares worth $489 million

Shares of the world's fourth-largest iron ore miner have fallen nearly 25% so far this year.

Reuters | June 19, 2024 | 7:30 am

Gemfields fetches almost $69 million at ruby auction

The auction marked the 10th anniversary of Gemfields’ first sale of rubies from the Montepuez mine in Mozambique.

Cecilia Jamasmie | June 19, 2024 | 5:36 am

Mineral Resources to shut Yilgarn iron ore hub

The decision was partly triggered by the limited remaining life of the five operating mines that make up the hub.

Cecilia Jamasmie | June 19, 2024 | 3:55 am

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