Record copper prices likely to pause US scrap shipments to ChinaScrap typically accounts for about 9 million tonnes or roughly 30% of global copper supplies annually.Reuters | June 17, 2024 | 7:21 am
FAA probes suspect titanium supply used in Airbus, Boeing jetsAccording to a New York Times report, the issue originated…Bloomberg News | June 14, 2024 | 9:52 am
Tesla shareholders vote no on deep sea mining moratoriumEarlier this month, General Motors Co. investors rejected a similar proposal.Bloomberg News | June 14, 2024 | 7:58 am
Mexican president rules out expropriating Vulcan’s mine but maintains land closure Lopez Obrador has accused the company, which extracts limestone in southern part of the country, of environmental damage. Reuters | May 22, 2024 | 10:23 am
Anglo American rejects BHP’s third bid, extends deadline Anglo has left the door open for BHP as it agreed to grant it a one-week extension to table a binding offer. Cecilia Jamasmie | May 22, 2024 | 7:03 am
Six new large mines need to come online annually by 2050 to meet global copper demand – study To meet the copper needs of electrifying the global vehicle fleet by 2050, as many as six new large copper mines must be brought online. Staff Writer | May 22, 2024 | 5:25 am
Anglo’s second largest investor demands BHP bid revision Petition by South Africa's Public Investment Corporation (PIC), which owns a roughly 7% stake in Anglo, comes just hours before bid deadline. Cecilia Jamasmie | May 22, 2024 | 3:33 am
US Critical Materials to deploy AI-powered tech for rare earth exploration With VerAI’s AI-powered targeting technology, the company intends to set new industry standards for environmentally conscious mineral exploration activities. Staff Writer | May 21, 2024 | 10:44 am
Get real: Copper price record was 56 years ago Jeff Currie: Add AI data centers and military demand to green capex and copper should soon test 1968 levels of $15,000 inflation adjusted. Frik Els | May 20, 2024 | 1:23 pm
Gold price hits $2,450 on rate cut optimism, geopolitical risks The metal's strength has been linked to central bank purchases, robust demand from Asia and elevated geopolitical tensions. Staff Writer | May 20, 2024 | 8:58 am
Copper price hits record above $11,000 on bets that shortage looms Several developments in 2024 have emboldened copper bulls and drawn in a rising tide of speculative money. Bloomberg News | May 20, 2024 | 8:09 am
Copper’s record run at risk as US shipments calm speculator frenzy At least 100,000 metric tons of copper are en route to the US CME exchange, Reuters sources say. Reuters | May 20, 2024 | 8:05 am