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Keywords: Copper


AI and military spending to drive 50% copper demand surge by 2040

Artificial intelligence expansion and soaring defense budgets will propel global copper demand up 50 percent by 2040, risking severe shortages that could hinder economic growth and technological progress, according to a study released Thursday by S&P Global. Annual copper demand will hit 42 million......

Copper hits record high on supply fears and tariff worries

Gold and silver prices surged on January 5 after the U.S. military captured Venezuelan President Nicolás Maduro, as investors rushed to precious metals amid heightened geopolitical uncertainty. Spot gold climbed 2.7% to $4,444.52 per ounce, while silver jumped 4.6% to $75.90 per ounce, kicking......

Metals hit historic highs as gold and copper soar in 2025

Gold and copper concluded 2025 with record-breaking performances, marking significant annual gains driven by a combination of monetary policy shifts, soaring industrial demand, and geopolitical uncertainties. Gold surged over 64% this year, trading around $4,330 per ounce, reflecting its steepest annual......

Freeport confirms seven deaths after Grasberg mine disaster in Indonesia

Freeport-McMoRan has confirmed the deaths of all seven workers who went missing following a catastrophic mudflow at its Grasberg copper and gold mine in Indonesia. The discovery of the remaining five bodies on October 5 marked the end of a nearly month-long search and rescue mission that followed the......

Anglo American and Teck merge in $53 billion copper deal to drive energy transition

Anglo American and Teck Resources have announced a landmark $53 billion merger to create one of the world’s largest copper producers, cementing Canada’s role as a global leader in critical minerals amid surging demand for metals driven by the energy transition. Formation of Anglo Teck and......

Critical Mineral Resources begins drilling at Agadir Melloul copper project

Mining company Critical Mineral Resources PLC (CMR) has announced significant progress at its Agadir Melloul copper project, located roughly 240 kilometers east of Agadir, Morocco. The company has secured new permits, exclusivity agreements, and plans to commence drilling within the next two weeks, marking......

High copper grades reported at Morocco’s Tifernine project

Morocco Strategic Minerals Corporation (TSXV: MCC) has reported significant results from its July sampling program at the Tifernine Copper Project, located southeast of Ouarzazate in Morocco. The Canadian exploration company highlighted high-grade copper mineralization across multiple structures within......

Chile intensifies rescue efforts for five miners trapped after El Teniente mine collapse

Rescue teams in Chile are racing against time to locate and save five miners trapped underground after a collapse occurred at the El Teniente copper mine on Thursday afternoon. The accident, which left one dead and nine injured, was triggered by a seismic event whose exact cause—whether natural......

Morocco reports high-grade copper findings at BMR property near Ouarzazate

Morocco Strategic Minerals Corporation has announced significant discoveries from its recent sampling program at the BMR copper-gold property located southeast of Ouarzazate. The program, completed in May, focused on a prominent mineralized structure covering approximately 9 km². The BMR property......

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