China State Grid plans record $89 billion spend amid green surge The grid operator for roughly 80% of the nation. Bloomberg News | January 15, 2025 | 12:36 pm
Value of 50 biggest mining companies drops by $126 billion The world’s biggest miners are now worth $1.35 trillion after losing a combined $126 billion over the course of 2024 as the copper rally faded and gold stocks once again underperformed bullion. Frik Els | January 15, 2025 | 11:25 am
Congo jails three Chinese citizens in illegal mining crackdown The Chinese citizens were sentenced to seven years in prison after they were arrested in possession of gold bars and $400,000 in cash. Reuters | January 15, 2025 | 11:05 am
Peru copper output falls nearly 5% in November on Antamina slide Copper production is expected to hold steady in 2024 and 2025 at around 2.8 million tons, industry experts say. Reuters | January 15, 2025 | 9:30 am
Chile to lift copper output 6% in next decade, with peak in 2027 The world's No. 1 copper producer said it will boost its output of the red metal to 5.54 million metric tons in 2034. Reuters | January 15, 2025 | 9:26 am
TMC shares surge as support for deep sea mining grows ahead of Trump presidency Several nominees for positions in the president-elect’s administration have previously voiced support for ocean mining. Staff Writer | January 15, 2025 | 8:59 am
Yukon Metals samples up to 3.49% copper at AZ property The 100%-owned AZ represents the largest of 17 properties across 425 sq. km held by the company in Canada's Yukon Territory. Staff Writer | January 15, 2025 | 8:38 am
Aluminum price rallies with possible EU ban on Russian supplies Kremlin says EU sanctions on Russian aluminum would risk destabilizing a ‘fragile’ global market. Bloomberg News | January 15, 2025 | 7:10 am
US copper, platinum prices roiled as traders weigh risk of tariffs Metals including copper, silver and platinum have seen a sharp price dislocation between London and New York. Bloomberg News | January 15, 2025 | 7:06 am