US copper futures surged to a record high Tuesday, fueled by fears of incoming tariffs under President Donald Trump's administration and supply disruptions in Chile.Prices on New York's Comex exchange reached $5.2055 per pound, surpassing the previous May 2024 record of $5.199. The move...
The European Commission (EC) has selected 47 projects to strengthen the continent's raw material supply, with an expected €22.5 billion in capital investment. In a Tuesday statement, the EC said the projects will spread across 13 EU countries, including Spain, France, Germany, and Sweden, and...
US President Donald Trump signed an executive order on Tuesday directing the Commerce Department to probe potential tariffs on copper under Section 232 of the Trade Expansion Act.
Commerce Secretary Howard Lutnick confirmed in the White House that the investigation will examine raw...
Three licenses for mining exploration on deposits of copper, lead, silver and zinc were granted by the Saudi Ministry of Industry and Mineral Resources, the state press agency announced on Wednesday.
The companies that will have permission to search for the mineral resources on Bir Ammq, Jabal...
BHP CEO Mike Henry (pictured) said that going forward, his company will focus on "commodities that have upside potential" in aiding decarbonization.
Addressing Nikkei's Global Management Forum by video, Henry said that by 2030 roughly half of BHP's portfolio would be copper,...
Glencore Plc said on Friday that the output of copper from its own sources slumped 4.4% on an annual scale to 1.02 million tons in the first nine months of the year. The gold segment saw a drop of 19.6% to 622,000 ounces or 19.35 tons. The Anglo-Swiss company cut its estimates for full-year...
BHP affirmed in the production report for its first quarter of fiscal 2020 the aim to achieve a slight increase on an annual basis. Volumes plunged across the board against the three months through June, though the rate for copper was at a positive 5% year over year with 430,000 tons. Output was down...
Aeris Resources Ltd. acknowledged on Wednesday that it intends to acquire the CSA mine in New South Wales from Glencore Plc. Reacting to media speculation, the company claimed talks are in a "late stage" and that "associated documents are ongoing but are yet to be finalized."
The copper...
Glencore Plc's production last year suffered the impact of asset sales, maintenance breaks and bad weather. The annual update published on Thursday revealed the slowdown in Alumbrera in Argentina, due to end-of-life effects, and bottlenecks on the suppliers' side helped drive own-sourced copper...
After a long standoff, Freeport-McMoRan Inc. accepted to sell a share of 41.64% in Indonesia's Grasberg copper and gold mine to the government, reducing ownership to a minority 49%. The announcement, made on Tuesday together with Ignasius Jonan, the country's minister of mineral...
This website uses cookies to ensure you get the best experience. Our Terms of Use and Data Protection Policy explain the data we collect, why we collect them, and how we may share them.
