Considered a “strategic game-changer,” Barrick Gold, the world’s second-ranked gold mining titan, is now setting its sights on a different kind of treasure—copper. Earlier, Barrick tested the waters with a potentially transformative deal Canada’s premier mining company, First Quantum Minerals. Even though their informal overture was turned down, the audacious move reflected Barrick’s strategic pivot […]
India needs carefully crafted multi-dimensional mineral policy: Eco Survey – EQ Mag
The country has resources of nickel, cobalt, molybdenum and heavy REEs, but further exploration would be required to evaluate the quantities of their reserves Cobalt, copper, lithium, nickel, and rare earth elements (REEs) are critical for producing electric vehicles and batteries and harnessing solar power and wind energy. “While the demand for critical minerals is […]
Copper Dropped on Profit Booking after Prices Rallied amid Supply Disruptions – EQ Mag Pro
Copper yesterday settled down by -4.68% at 800.8 on continued profit booking after prices rallied amid lingering worries of supply disruptions due to war in Ukraine and historically low inventories. Copper stocks held by LME were at 68,825 tonnes, the lowest level since 2005. In February, those in the Shanghai Futures Exchange and Comex were […]
Scientists Targeted Mines Beneath Volcanoes That Are Rich in Lithium, Gold, and Copper
Many countries are gradually incorporating energy transformation and clean energy into their future development blueprints in order to respond to the global warming caused by climate change. However, it hasn’t been easy due to the conversion efficiency and technology of renewable energy that has yet to be satisfactory, and the current deficiency of key minerals. […]
Copper Prices Fell Amid Higher-Than-Expected Inflation Rate In US
Copper yesterday settled down by -1.4% at 779.6 as the higher-than-expected inflation rate in the United States sparked fears of monetary tightening, potentially restricting liquidity into commodities. Workers’ strike threats at BHP Group’s Escondida and Spence copper mines loomed after contract negotiations stalled, putting further pressure on an already tight copper concentrate market. Prices have […]
Copper Hits Lifetime High Over Bets on Green Energy
Investors are betting that copper’s vital role in the world’s shift to green energy will mean surging demand and even higher prices. New Delhi: Copper soared this week to an all-time high, continuing a sizzling rally that’s seen prices double in the past year. The previous copper record was set in 2011, around the peak […]
Copper Bonanza Challenge for Top Producer Chile
SANTIAGO: Even as copper prices hit a ten-year high this week, political events in Chile – the world’s main producer – have raised questions about whether the country will be able to continue meeting rising demand. A surge on infrastructure spending in industrialized countries, a weak dollar, and strong demand in China boosted the price […]
Copper hits over 10-year high on supply woes, demand revival hopes
HANOI: Copper prices hit a 10-year high on Tuesday over supply worries in top producer Chile and as investors hope for an improvement in global demand amid a stable economic recovery and green investments. The most-traded June copper contract on the Shanghai Futures Exchange jumped as much as 3.5% to 72,820 yuan ($11,230.38) a tonne, […]
Anti-Dumping investigation concerning imports of “Copper & Copper Alloy Flat Rolled Products
Anti-Dumping investigation concerning imports of “Copper & Copper Alloy Flat Rolled Products” originating in and exported from China PR, Korea RP, Malaysia, Nepal, Sri Lanka, and Thailand. For more information please see below link.
Copper is the new oil: Demand for the metal expected to soar this decade
The 2020s are expected to be the strongest phase of volume growth in global copper demand in history: report The 2020s are expected to be the strongest phase of volume growth in global copper demand in history, as per Goldman Sachs. Goldman Sachs has argued that the critical role copper will play in achieving the […]
