Metals/Minerals
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Copper squeeze breathes new life into old mines
In 1899, the Mt Lyell mine in Tasmania produced some 9,500 metric tons of copper. That made it the largest…
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Cartier-owner Richemont weighs joining De Beers acquisition race, source says
Richemont, the owner of high-end jewelry brand Cartier, is in talks to join a consortium bidding for diamond miner De…
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Denmark says US resource exploration in Greenland must respect local laws
Denmark’s foreign ministry said on Wednesday if the US wished to explore Greenland’s resources, it would have to do so…
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Gold retains key reserve status despite surging bond yields, central bankers say
Gold remains a strategic reserve asset as concerns over rising government debt and geopolitical instability boost its appeal as a…
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China demands copper supply commitments for Anglo Teck merger approval, sources say
China’s antitrust regulator has asked Anglo American to commit to supply the country with a steady flow of copper concentrate…
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Entrenched premium leaves gold primed to climb despite surge in US bond yields
Gold’s resilience above $4,000 an ounce despite soaring Treasury yields suggests the post-2022 demand premium is proving more durable than…
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Panama government to recommend copper mine restart through state tie-up, sources say
A Panamanian government commission will recommend to President Jose Raul Mulino on Wednesday to restart the suspended Cobre Panama mine,…
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Chile’s state-owned miner Codelco says restructuring plan may be delayed until end of 2026
Chilean state-owned copper giant Codelco’s restructuring plan may not be ready until the end of 2026, the company told Reuters…
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Copper stockpiling, transformation capacity and industrial synchronization in the US
The United States is correctly recognizing copper as a strategic material increasingly tied to artificial intelligence (AI) infrastructure such as…
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