ASX 200 Snaps 3 Sessions of Consecutive Loss
By Oliver Gray Investing.com - The S&P/ASX 200 finished Wednesday’s trading session 0.2% higher, recovering from early losses of 0.8% and advancing for the first time this week as gains in...
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Copper News & Analysis
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The Conversation: Electric eels inspired the first battery two centuries ago and now point a way to future battery technologies
Unlike current batteries, eels use biochemical processes to create and store electricity. Scientists hope to mimic eels to power medical implants and robots.
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ASX 200 Falls to Fresh 2-Month Lows
By Oliver Gray Investing.com - The S&P/ASX 200 finished Tuesday’s trade down 69.50 points or 0.98% to 7,051.20, extending losses for the third consecutive session and closing at fresh...
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China’s COVID Lockdowns Push Copper Prices Lower
Starting in late April, copper prices began to take out prior lows. It seemed like an attempt to find a bottom and reestablish a potential bullish reversal in the short term. The Copper...
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Copper theft syndicates are stripping South Africa’s platinum mines
South African miners are battling a growing threat kilometres underground in the world’s deepest platinum shafts.
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Illegal miners turn to copper cable theft
South African miners are battling a growing threat miles underground in the world’s deepest platinum shafts: Gangs stealing copper cables and disrupting operations.
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Vedanta offers Zambia investment commitments in return for copper-mine control
LUSAKA (Reuters) – Vedanta Resources has offered to step up investment in Zambia’s Konkola Copper Mines (KCM) and implement several social responsibility programmes if it resumes control...
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Gangs stealing cables torment South African platinum mines
South African miners are battling a growing threat miles underground in the world’s deepest platinum shafts: Gangs stealing copper cables and disrupting operations.
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Peruvian protesters agree to attend talks over MMG’s shut copper mine
LIMA (Reuters) – Indigenous communities protesting the Las Bambas copper mine in Peru agreed on Friday to meet with government and company officials on Saturday about the dispute, which...
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Massive copper cable bust in Soweto
A massive haul of stolen copper cables was recently uncovered during a raid of the Devland scrapyard near Soweto.
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Green Metals Offer Colorful Long-Term Investment Thesis
Clean technologies and renewable energy concepts may appear new and tech-laden, but it takes some old school materials and metals to drive the green energy revolution. Also known as green...
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YGG SEA Announces the SEA Token IDO Public Sale on Copper
[PRESS RELEASE – Taipei, Taiwan, 3rd May 2022] Yield Guild Games Southeast Asia (YGG SEA), a sub-decentralized autonomous organization (subDAO) of the Philippines-based blockchain gaming...
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City Power’s fight against cable crime — R100 million spent in a year
City Power spent R100 million in a year protecting its infrastructure and must now ramp up its security.
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Telkom’s plan to switch off ADSL
Telkom has changed how it is approaching the switch-off of its copper-based DSL network.
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Russian Oil Embargo, China PMIs, Bored Apes - What's Moving Markets
By Geoffrey Smith Investing.com -- EU energy ministers meet to draft plans for an embargo on Russian oil, but crude prices slide, along with the yuan in response to weak Chinese economic...
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Chile’s Codelco says it is optimistic about copper price for 2022
(Reuters) – Chilean state-owned mining company Codelco is optimistic about copper prices for 2022 boosted by higher demand, its president Maximo Pacheco said on Friday during a press...
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Mining Giant Glencore Is Losing Support for Its Climate Plan
(Bloomberg) -- Shareholder support for Glencore (OTC:GLNCY) Plc’s climate change strategy has weakened and the world’s top coal shipper will now have to consult with investors as it looks to...
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South32 production on track but there are cost pressures
It's been a rough week or so for mining production numbers, so a quarterly report from South32 may have been met with some nervousness from the market. This is a good time to remind you that...
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Glencore Rises as Mixed Output Guidance Points to Further Metal Market Tightness
By Geoffrey Smith Investing.com -- Glencore stock rose on Thursday after the world’s biggest mining company predicted another year of solid profits due to high prices for its main...
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China Locks Down Part of Its Northern Hub for Coal Shipping
(Bloomberg) -- The northern port of Qinhuangdao is the latest Chinese commodities hub to get hit by virus-related lockdowns. The city in Hebei province has locked down its Haigang district,...
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Australian Shares Decline 2.4% as Materials Plunge
By Oliver Gray Investing.com - The S&P/ASX 200 declined 174.8 points or 2.4% to 7,298.5 after the first hour of trade on Tuesday as easing commodity prices pushed major miners lower, after...
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News24.com | Zambia 'very close' to picking investor for Mopani copper mine - president
Zambia's government is close to finding a private investor for Mopani Copper Mines, President Hakainde Hichilema said on Monday, in order to ramp up production at the mine, one of the...
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Chinese Assets, Commodities Routed as COVID-19 Lockdowns Reach Beijing
By Geoffrey Smith Investing.com -- Chinese assets and global prices for crude oil and industrial metals plunged on Monday, amid fears of ever-wider lockdowns across China to stop the spread...
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The Week In Perspective
US jobs In the week ending Apr 16, the advance figure for seasonally adjusted initial claims was 184 000, a decrease of 2 000 from the previous week's revised level. The previous week's...
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Structural Shifts Test Limits on Global Resources
By Shawn Reynolds, Portfolio Manager, Van Eck Associates Corporation Commodity and resource equity markets faced unprecedented challenges in the first quarter of the year, demonstrating the...
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Copper cable theft nightmare in South Africa
Eskom and City Power's infrastructure is hit by cable thieves up to five times a day.
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China’s COVID-19 Worries Aren’t Stopping Copper Prices From Rising
A resurgence in COVID-19 cases in China isn’t stopping copper prices. China is the top consumer of copper globally, but it is facing factory shutdowns across the country. “A copper...
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Freeport-McMoRan stock pulls back, even as profit and revenue topped forecasts
Shares of Freeport-McMoRan Inc. pulled back 3.2% in premarket trading Thursday, after the gold and copper miner reported first-quarter profit and revenue that beat expectations, while...
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BHP cuts copper output outlook over Chile protests, environmental concerns
(Reuters) – BHP Group Ltd cut its annual copper production outlook on Thursday as operations at its Escondida project in Chile took a hit over protests by workers and environmental...
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Peru declares state of emergency to restore copper production at Cuajone mine
By Marcelo Rochabrun and Carolina Pulice
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Netflix Shock, Tesla Earnings, Home Sales - What's Moving Markets
By Geoffrey Smith Investing.com -- Netflix (NASDAQ:NFLX) stock lost a quarter of its value after the company announced a shock drop in subscribers in the first quarter and warned that the...
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Oil Down 5%; Commodities Roiled by IMF Growth Downgrade, China and Recession Scare
By Barani Krishnan Investing.com -- Crude prices fell about 5% Tuesday, snapping a four-day rally, as commodities from oil to gold sold off after the International Monetary Fund slashed its...
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Curium Announces Significant Increase in Detectnet™ (copper Cu 64 dotatate injection) Production Capacity
ST. LOUIS, April 19, 2022 (GLOBE NEWSWIRE) -- Curium announced today that it will be increasing production capacity of Detectnet to accommodate the significant demand in the market....
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MMG’s Las Bambas copper mine in Peru suspends operations following protest -SNMPE
LIMA (Reuters) – MMG Ltd’s Las Bambas copper mine in Peru has suspended operations after residents of a nearby community entered company property as part of a protest, Raul Jacob, the...
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South Africa’s copper cable thieves have their own “schools” — and spy on court cases
Criminal syndicates are running their own sophisticated "schools" to train thieves to steal copper cables and metal in South Africa.
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Volkswagen Falls After March Deliveries Slump, Hedges Turn Sour
By Geoffrey Smith Investing.com -- Volkswagen (ETR:VOWG_p) stock fell in morning trading in Europe on Thursday after the world's second-biggest carmaker said deliveries slumped 31% in March...
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Dow Jones Newswires: Anglo Asian Mining 1Q gold, copper output fell; silver production rose
Anglo Asian Mining PLC said Thursday that its gold and copper production fell in the first quarter at its Azerbaijan project, while silver production rose.
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Southern Copper says Peru mine remains halted despite latest deal to end protests
By Valentine Hilaire (Reuters) – Southern Copper Corp said on Wednesday that its Peruvian mine remains closed after six weeks of a standoff with protesters, accusing Peru’s government of...
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Cable thieves in South Africa armed with AK-47s killing security guards
Copper cable thieves wrecking South African infrastructure are now also heavily armed.
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Joburg electricity infrastructure targeted by increasingly violent criminals
Criminals are becoming increasingly violent when stealing cables in Johannesburg, putting lives at risk and compounding the country's economic woes.
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Current Views on Gold, Copper and Crude Oil
The commodity sector continues to face multiple uncertainties with the latest being the prospect for an accelerated pace of FOMC tightening driving an economic slowdown at a time where...
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FCA Friction Said to Spook Investors Over Copper’s Reported $500M Raise
Temporary registration status from the U.K.’s markets regulator has caused some VC firms to back out or downsize their checks, sources say.
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Metals world agonises over war but keeps buying from Russia
For now, Russian metal is largely still flowing to the world’s factories and building sites.
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Thanks To Rise In Copper Prices, The Penny Is Worth More Than 1 Cent: Here's How Much
The rising price of metals including copper and zinc has led to a unique valuation of the metals contained inside the penny. What Happened: The price of several commodities have soared in...
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Exclusive-Peru targets copper price windfall in dialed-back tax reform, minister says
By Marco Aquino LIMA (Reuters) – Peru, the world’s no. 2 copper producer, will target “excess profits” that mining firms have gained from soaring global metals prices for extra taxation,...
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