zinc

Anglo-Swiss diversified mining giant Glencore (OTCPK: GLCNF) is pursuing further consolidation of its copper and zinc assets. After job cuts, a $1.5 billion impairment, and a pause of its smelting operation in the Philippines, the company is looking to implement efficiency measures for its Canadian...

China's metal markets are waking up post-Lunar New Year, and JPMorgan analyst Dominic O'Kane is tracking some eye-catching trends. Copper and iron ore prices are at four-month highs, steel output is the strongest since 2021, and base metal inventories are running at record-low seasonal levels. The...

The energy transition is reshaping the global mining industry, with demand for critical minerals expected to surge over the coming decades. A shift toward renewable energy and electrification drives demand for commodities like copper, nickel, and rare earth elements. According to BDO's Annual...

Lundin Mining (OTC:LUNMF) has completed the sale of its two European mines to Swedish mining conglomerate Boliden AB (OTC:BLIDF) for up to $1.52 billion, dependent on future commodity prices. The mines in question include Neves-Corvo and Zinkgruvan, operations with notable zinc production, which...

Thousands of athletes around the world will compete for medals at the 2024 Summer Olympics. Winning an Olympic medal can be a valuable experience for athletes as they can earn new endorsements and sponsorships based on their success. Some countries also pay athletes for winning medals during the...

Top Stories for April 9, 2024: 1. Piedmont Lithium (NASDAQ:PLL), a major supplier to the U.S. EV supply chain, and its joint venture partner Sayona Mining are advancing North American Lithium’s operations to achieve steady state production by 2024.  After starting production in March 2023,...

Demand for copper from the energy transition may eventually help the red metal diverge from other industrial commodities that are often seen as economic bellwethers. As the energy transition from fossil fuels to renewables gains steam, copper's role as a leading economic indicator may decouple...

Although not listed as a mineral critical to U.S. national security and the economy, copper “will see its value soar” as the energy transition gains momentum, according to experts. American Pacific Mining Corp (OTC: USGDF) is capitalizing on that transition with its portfolio of high-...

Chances are you know someone with a change jar in their house, a place to put all the spare change and save it until the jar gets full or for a special event. Oftentimes, people have a penny jar, collecting one-cent coins over years and then cashing them in at the bank. A Los Angeles home took...

If you're one of many Americans who has a piggy bank or a place to save old coins, you could be in luck with the value of the coins rising over the years thanks to the value of commodities like copper and zinc. Many old pennies are now worth more than 1 cent. The bad news is its illegal to melt...

Goldman Sachs has boosted its price forecast for coking coal and copper and upgraded Teck Resources Ltd (USA) (NYSE: TCK) from Neutral to Buy. According to analyst Andreq Quail, the huge surge in coal prices has forced Goldman’s hand. Upgrade Justification The firm is now calling for 2017...

It is frequently said that copper is the industrial metal with a doctorate in forecasting economic trends – ence the moniker “Dr. Copper.” Conventional wisdom also states that Chinese demand is the primary driving force in the red metal's price action. Investors might be...

Glencore International PLC (OTC: GLCNF) is one of the world's largest commodities trading companies. Leading the company is Ivan Glasenberg, an executive who the Financial Times labeled as "the savviest trader of his generation." Given Glasenberg's reputation as a...

In a new report, analysts at Goldman Sachs analysts explained their bearish outlook for commodity prices over the next year. While most commodity prices have been on the rise since March, analysts believe that the rally will be short-lived. Price Pressures Intensify According to the...