Copper

KoBold Metals, the mining startup backed by Bill Gates and Jeff Bezos, is ready for a major expansion into the Democratic Republic of Congo (DRC) – a country with a vast commodity wealth, including cobalt, copper, and lithium. "KoBold is committed to significant investments in the DRC, potentially...

Freeport-McMoRan Inc. (NYSE:FCX), the world's largest copper producer, shares rose in early trading Thursday after the company reported first-quarter FY25 results. Revenue stood at $5.73 billion, beating the consensus of $5.44 billion. Copper sales volumes totaled 872 million pounds, which...

Goldman Sachs is eyeing a high-reward opportunity in copper that could pay off big if the U.S. follows through on its protectionist policy shift. In a note published on Wednesday, Goldman Sachs analysts led by Eoin Dinsmore outlined a bullish view on what they are calling "The Copper Tariff Trade...

Chinese CMOC Group, the world's largest producer of cobalt, has announced an all-cash acquisition of Canadian development-stage mining company Lumina Gold Corp (OTCQB:LMGDF), valued at C$581 million (around $420 million). Upon acquisition, CMOC will gain control over the Cangarejos gold-copper...

The U.S. is accelerating the permitting process for 10 critical mineral production projects under the FAST-41 program following President Donald Trump's executive order to reduce the country's reliance on foreign mineral imports. The initiative seeks to remove bureaucratic hurdles, secure essential...

Erik Prince, a businessman and longtime supporter of President Donald Trump, has reportedly agreed to help the Democratic Republic of Congo (DRC) secure and tax its vast mineral wealth. According to Reuters, he reached the agreement before the M23 rebel group launched a major offensive in January...

Multinational miners BHP (NYSE:BHP) and Anglo American (OTCQX:AAUKF) urge the Chilean government to reduce bureaucratic obstacles, preparing to invest billions into expanding the country's copper output. With demand for the metal expected to surge in the coming years, both companies warn that...

Copper experienced one of the most volatile trading days in over 15 years, tumbling as much as 7.7% at the start of Monday's trading session in London. Three-month contracts slid to $8,780 a ton as investors scrambled to reduce exposure—before staging a nearly $1,000 rebound in just over two hours—...

Barrick Gold Corporation (NYSE:GOLD), the world's second-largest gold producer, might change its name. Management proposed rebranding as Barrick Mining Corporation to reflect its broader mining focus. They also laid out an ambitious plan to grow their gold equivalent production by 30% by the end of...

President Donald Trump's fresh round of 25% auto import tariffs is shaking up the metals market, and JPMorgan analyst Bill Peterson sees near-term headwinds for key players in steel, aluminum, and copper. While domestic production incentives should help Cleveland-Cliffs Inc. (NYSE:CLF) and...

Copper is red-hot, and so are ETFs that track the industrial metal. Prices rocketed to new records as traders responded to increasing talks of the U.S. imposing hefty tariffs on copper imports in the near future — several months before the schedule originally anticipated, according to Bloomberg...

U.S. tariffs on copper imports could arrive within weeks. In February, President Donald Trump directed the U.S. Commerce Department to conduct an investigation, giving this executive department a nine-month deadline. Per a Bloomberg report, the investigation is seen as "little more than a formality...

Copper just blew past record highs, dismissing recent recession fears as stimulus optimism in China and potential U.S. tariffs spark a rush into the red metal. Copper futures traded at the New York Mercantile Exchange rallied 1.6% to $5.17 per pound on Tuesday, notching historical records. What's...

Copper prices have surged above $10,000 per metric ton on the London Metal Exchange (LME) for the first time since October. On LME, copper has gained 14% year-to-date, while U.S. copper futures surged 26%. The price differential widened to $1,200 per metric ton, creating arbitrage opportunities....

Panama has shown interest in resolving the future of the shuttered Cobre Panama mine after President Jose Raul Mulino authorized the export of 120,000 tons of copper concentrate stockpiled at the site since its closure in December 2023. "I authorized that they take out the material that is grounded...