Today: November 08, 2024
Today: November 08, 2024

copper

Business|Finance

Anglo American copper, diamond output down in Q3, 2024 guidance unchanged

Global miner Anglo American on Thursday posted double-digit falls in its third-quarter copper and diamond production but maintained its 2024 guidance for the commodities.

Anglo American copper, diamond output down in Q3, 2024 guidance unchanged
Business|Economy|Finance|Stock Markets|US

Freeport-McMoRan sees data centers boosting copper demand, beats Q3 results estimates

Freeport-McMoRan said on Tuesday that demand for copper is expected to increase with more data centers being built, and the miner reported a better-than-expected quarterly

Freeport-McMoRan sees data centers boosting copper demand, beats Q3 results estimates
Business|Economy|Finance|Technology

Copper demand for electric vehicles is intact, trader IXM says

The uptrend in demand for metals such as copper used in electric vehicles is intact despite doubts raised by the slowdown in EV sales, but estimating numbers is

Copper demand for electric vehicles is intact, trader IXM says
Business|Finance

Anglo American not a sitting duck after breakup, CEO says

Anglo American Plc will not be an "inevitable" takeover target after its unbundles its diamond, platinum, nickel and coal assets, CEO Duncan Wanblad said on Thursday.

Anglo American not a sitting duck after breakup, CEO says
Business|Economy|Finance

Freeport cranks up copper output as rivals scour for deals to grow

Freeport-McMoRan is turbo-charging its copper output across three continents with no plans to join a buyout frenzy sweeping the mining industry, a strategy that analysts

Freeport cranks up copper output as rivals scour for deals to grow
Americas|Business|Economy|Finance|Stock Markets

BHP's quick strike fix sets tone for labor talks amid copper rally

Mining giant BHP's quick fix to a recent six-day strike at its huge Escondida copper mine in Chile could set the tone for upcoming negotiations elsewhere, with

BHP's quick strike fix sets tone for labor talks amid copper rally
Business|Environment|Science

Developers of stalled Minnesota copper-nickel mine plan studies that may lead to significant changes

The developers of a long-delayed copper-nickel mining project in northeastern Minnesota have announced plans for a series of studies over the next year on potential ways to improve environmental safeguards and make the mine more cost- and energy-efficient

Developers of stalled Minnesota copper-nickel mine plan studies that may lead to significant changes
Business|Economy|News|US

US mine development timeline second-longest in world, S&P Global says

It takes an average of nearly 29 years to build a new mine in the U.S., the second-longest in the world behind only Zambia, hampering Washington's efforts to boost

US mine development timeline second-longest in world, S&P Global says
Americas|Business|Economy|News

Along Peru's mining corridor, Big Copper faces a snarl of trucks

Surging copper prices this year have brought startling growth in the number of trucks carrying copper from illegal mines in Peru, jamming roads, causing accidents and

Along Peru's mining corridor, Big Copper faces a snarl of trucks
Business|Economy|Finance

Copper's record run at risk as US shipments calm speculator frenzy

Copper's lightning rally to record highs may not be sustainable in the coming weeks, with action concentrated on the shipment of material to cover

Copper's record run at risk as US shipments calm speculator frenzy
Asia|Business|Economy|Finance

Near-record high LME prices a magnet for Chinese copper exports

By Pratima Desai and Siyi Liu LONDON/BEIJING - China's copper producers are planning to export up to 100,000 metric tons of metal, the largest volume in 12 years, aiming to cool a rally that has

Near-record high LME prices a magnet for Chinese copper exports
Business|Finance|News|Stock Markets

BHP considering improved proposal for Anglo American after bid rejected, source says

BHP Group is considering making an improved offer for Anglo American after its $39 billion initial proposal was rejected by the London-listed miner, a source familiar with the matter told

BHP considering improved proposal for Anglo American after bid rejected, source says
Business|Economy|Finance|Stock Markets

Anglo spurns BHP's $39 billion bid as investors push stock higher

Anglo American rejected BHP's 31.1 billion pound ($39 billion) takeover offer on Friday, saying it significantly undervalued the miner and its

Anglo spurns BHP's $39 billion bid as investors push stock higher
Business|Economy|Finance|News|Stock Markets|World

BHP bids $39 billion for Anglo American as miners chase copper

BHP Group bid $38.8 billion for Anglo American on Thursday, offering a deal to forge the world's biggest copper miner

BHP bids $39 billion for Anglo American as miners chase copper
Business|Economy|Finance

Shortages key to copper's upward price trajectory to new peaks

Upward momentum that has propelled copper prices to within a whisker of the psychological $10,000 a metric ton mark is expected to be sustained by the appearance of

Shortages key to copper's upward price trajectory to new peaks
Business|Economy|Finance|News

Lower prices, stubborn costs could weigh on copper miners' quarterly results

North American copper miners are expected to report a decline in first-quarter earnings this week due to lower prices of the red metal amid persistently high costs.

Lower prices, stubborn costs could weigh on copper miners' quarterly results
Business|Economy|Technology|World

Copper demand to boom as new technology drives power consumption, Trafigura says

Flourishing activity in the electric vehicle, power infrastructure, AI and automation sectors will lead to at least 10 million metric tons of additional copper consumption over the

Copper demand to boom as new technology drives power consumption, Trafigura says
Business|Finance

Governments must broker local support for mines, industry group says

(This April 17 story has been officially corrected after the industry trade group clarifies to say it believes industry has a role to play in the government's FPIC review process, in paragraph 9) By

Governments must broker local support for mines, industry group says
Business|Economy|Environment|US

US must improve copper mine permitting process, Freeport CEO says

The U.S. must improve its mine permitting process if it hopes to boost domestic supplies of critical minerals to power the clean energy transition, the CEO of

US must improve copper mine permitting process, Freeport CEO says
Business|Economy|Europe|Finance|Stock Markets

Mining giant BHP Billiton makes $39 billion bid for Anglo American to expand copper operations

Shares in U.K.-based mining giant Anglo American have surged after it received a 31 billion-pound ($39 billion) takeover bid from rival BHP Billiton

Mining giant BHP Billiton makes $39 billion bid for Anglo American to expand copper operations

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