Fitch sees industrial metal prices falling in 2024, gold set to rise London's 2024 benchmark copper price could slip 2% to $8,600 per metric ton, the firm said. Reuters | December 1, 2023 | 10:46 am
Peru mining output grows 3.14% in October, slowest in 8 months Copper production was up 2.1% from the same month a year ago, while gold and zinc jumped 10.0% and 10.4% respectively. Reuters | December 1, 2023 | 10:20 am
Vale Base Metals in search of new CEO Deshnee Naidoo will step down from her position as CEO effective March 31. Staff Writer | December 1, 2023 | 9:37 am
US gives $50 million boost to critical minerals investor TechMet The backing from the US International Development Finance Corporation brings its total investment in the Dublin-based firm to $105 million. Bloomberg News | December 1, 2023 | 9:29 am
Shares of Anglo American and Antofagasta rally after UBS upgrade Anglo American shares surged 7.8% in London after UBS upgraded its rating from neutral to buy. Staff Writer | December 1, 2023 | 9:17 am
China lithium price poised for further decline in 2024 – analysts Lithium carbonate prices in top consumer China could fall by more than 30% next year. Reuters | December 1, 2023 | 8:53 am
Copper price climbs to three-month high on Panama mine risk, shortfall The metal rose as much as 1.2% on Friday, tracking a rally in European and Chinese stock markets. Bloomberg News | December 1, 2023 | 8:40 am
Congo’s Gecamines to push for copper, cobalt trading share Congo's State mining group said it will push to secure the rights to buy copper and cobalt at mines it has holdings in. Reuters | December 1, 2023 | 8:06 am
Zambia selects UAE’s IHC unit as new partner in Mopani Copper Mines The new investor is also expected to "reset" Mopani's existing relationship with Glencore, ZCCM said. Reuters | December 1, 2023 | 7:44 am