Keywords: Copper
Panama is exploring the creation of a state-owned mining company as part of a new strategy to restart operations at the Cobre Panama copper mine, a project that has remained idle since a landmark court ruling halted production in 2023. According to sources familiar with the discussions, the proposed......
Trafigura has withdrawn from plans to develop a major cross-border electricity transmission project that would have exported surplus hydropower from Angola to mining operations in the Democratic Republic of the Congo and Zambia, according to sources familiar with the matter. The proposed project envisioned......
The global commodities market is closely watching copper flows as trading giant Trafigura reportedly plans to withdraw large volumes of copper from London Metal Exchange (LME) warehouses in the United States ahead of an expected tariff decision by Washington. According to industry sources, the move......
Anglo American has agreed to sell its Australian steelmaking coal mines to private UK based miner Dhilmar Limited in a deal valued at up to 3.875 billion dollars in cash. The transaction marks the completion of the company’s exit from coal and forms part of a wider strategic shift toward copper......
Copper prices rose sharply on Tuesday, briefly crossing 14,000 dollars per metric ton on the London Metal Exchange, moving close to their all-time high of 14,527.50 dollars reached on 29 January. The rally reflects tightening global supply conditions driven by geopolitical tensions, stronger demand from......
The Democratic Republic of Congo has announced the creation of a new paramilitary mining protection unit aimed at securing key mineral sites and strengthening control over strategic supply chains. The initiative, supported by international partnerships, is designed to address long-standing challenges......
Royal Road Minerals has reported encouraging drilling results from its Lalla Aziza copper project in Morocco’s Western High Atlas, confirming the presence of significant copper mineralization across the site. The company completed a 15 hole reverse circulation drilling program covering 1,000 meters,......
A U.S.-linked company involved in a strategic minerals agreement in Democratic Republic of the Congo overstated its mining experience, according to documents and multiple sources reviewed by Reuters, raising fresh concerns over transparency in deals tied to critical resources. The company, Virtus, recently......
Global mining company BHP Group is preparing to expand large-scale copper exploration activities in Zambia, according to the country’s mines ministry, signaling growing international interest in one of Africa’s most important mineral producers. Officials said the company is considering advanced......
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