Metals/Minerals
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Freeport Announces Plans to Boost U.S. Copper & Molybdenum Production
Freeport announced today that its Board of Directors approved a $4.5 billion expansion and modernization program for its wholly owned…
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First Quantum readies Argentina tax-break plans for $5.3 billion Taca Taca copper project
First Quantum Minerals plans to apply before year-end for Argentina’s large-investment incentive regime for its Taca Taca copper project, Foreign…
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Australia’s Whitehaven Coal beats quarterly output estimates on Queensland strength
Australia’s Whitehaven Coal beat market estimates for quarterly output on Friday, supported by robust production from its Queensland operations, and…
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Grupo Mexico to press ahead with major US copper projects after output dip
Grupo Mexico said on Thursday it will push ahead with major investments at its US mining unit Asarco, expanding the…
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Newmont beats quarterly profit estimates on higher gold prices, Cadia recovery
Newmont beat analysts’ third-quarter profit estimates on Thursday, as elevated gold prices and a recovery in copper production at its…
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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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Trump tariff threat built a US copper mountain, but the effects are fading
President Donald Trump’s tariff threat helped to build copper stockpiles of more than 1 million metric tons in the United…
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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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