Copper

Manara Minerals, a joint venture between Saudi Arabia's Public Investment Fund (PIF) and Ma'aden (Saudi Arabian Mining Co), is nearing a deal to purchase a 15% to 20% stake in First Quantum Minerals (OTC:FQVLF) Zambian copper and nickel assets. The potential transaction, which Reuters reported...

The leading global miner Rio Tinto (NYSE:RIO) has missed analysts' estimates, scoring weaker-than-expected third-quarter production across the board. Despite this short-term weakness, the company's $6.7b acquisition of Arcadium Lithium is unlikely to meet criticism, given the long-term potential...

The copper market is caught between a stimulus-fueled surge and the looming specter of Trump 2.0 tariffs. According to JPMorgan's Bill Peterson, investors are riding high on China's stimulus optimism, but the road ahead may be rockier than expected. China Stimulus: A Boost Or Bubble? China's...

Copper stocks, like Freeport-McMoRan Inc (NYSE:FCX) and Teck Resources Ltd (NYSE:TECK), may face another turbulent period if Donald Trump returns to office. JPMorgan analyst Bill Peterson warns that Trump 2.0’s trade policies could deal an even more significant blow than his first term. Trump...

Terrorism against the miners is threatening key foreign investment in Pakistan. At least 20 miners were killed and seven others wounded in an attack on a coal mine in Duki district, in the southwestern province of Balochistan – a region housing Barrick Gold's (NYSE:GOLD) principal copper-gold...

After correcting over 22% since its peak at $5.08 per pound in May, copper finally found its footing after China announced significant stimulus measures. The market is now awaiting Saturday’s comments from China’s Finance Minister Lan Fo’an, who could clarify the stance on further...

The Brazilian mining giant Vale SA (NYSE:VALE) announced its commitment to significantly boost copper production under its new CEO, Gustavo Pimenta. Pimenta, a former CFO who became CEO after a turbulent succession process, spoke to the media for the first time in his new role. He acknowledged that...

BHP (NYSE:BHP) expects global copper demand to grow by around 70% to over 50 million tons annually by 2050. The mining heavyweight released a new study pointing out the issues of the current cycle, including aging deposits and a less healthy pipeline of potential mining projects. The detailed...

While BHP and Rio Tinto hunt for M&A opportunities, Freeport-McMoRan (NYSE:FCX) is focused on organic growth. What Happened: Freeport-McMoRan is ramping up production across three continents to meet the rising need for copper — a cornerstone metal of the ongoing green energy transition. The...

Eighty percent of the metal and mining industry's revenues are derived from just five materials: steel, thermal coal, copper, gold, and aluminum, according to a recent McKinsey report. Steel and thermal coal alone account for 60%–70% of revenues, driven by their massive production volumes of 7...

The recent uptick in mining mergers and acquisitions (M&A) is masking the slowdown in greenfield exploration projects. Companies are increasingly relying on acquisitions rather than the expensive and risky process of discovering new deposits. After making a new all-time high in May, copper has...

Leading gold miner Barrick Gold (NYSE:GOLD) will complete its feasibility study for expanding its Lumwana copper mine by the end of the year. CEO Mark Bristow noted that the expansion could transform the mine into a long-life, high-yielding copper producer that will play an important role in the...

Despite the global copper market’s looming long-term supply deficit, talk of substitution as a savior is more smoke than fire, according to JPMorgan analyst Patrick Jones. While concerns about copper being swapped out for cheaper materials have been frequent, Jones notes, “Substitution...

Hudbay Minerals (NYSE:HBM) has secured the second-last permit to begin constructing its Copper World project in Arizona. The Aquifer Protection Permit, granted by the Arizona Department of Environmental Quality, inches the company closer to opening Copper World, a project with the potential to be...

The South Australian government has initiated the application and assessment process for BHP's (NYSE:BHP) proposed expansion of its Olympic Dam copper smelter and refinery. If approved, this project would significantly boost BHP's copper production capabilities by introducing a second copper...