Keywords: 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......
Renewed restrictions by Iran in the Strait of Hormuz are intensifying pressure on global commodity markets and accelerating gains in copper and silver prices. The measures follow an escalation in tensions with the United States, including a naval blockade on Iranian ports that took effect on April 13.......
Negotiations between India and Zambia over access to critical mineral resources have reportedly stalled, highlighting growing global competition for strategic raw materials. The discussions focus on the exploration and potential extraction of key resources such as cobalt and copper. Cobalt is essential......
BHP Group said Brandon Craig will become chief executive on July 1, succeeding Mike Henry after more than six years in the role, signaling continuity in the mining company’s long term strategy. Craig currently serves as president of BHP Americas, where he has overseen growth initiatives across......
China’s top economic planning body has announced plans to curb excess production capacity in major heavy industries, including steel and oil refining, as the country continues to struggle with persistent overproduction across key commodity sectors. The National Development and Reform Commission......
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