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Copper: Barrick to double production to 1 billion lbs by 2031
Barrick Gold is banking on its growth portfolio to double copper production to 1 billion pounds of copper by 2031. President and CEO Mark Bristow said the increase in copper, added to gold production, will bring total production to 6.8 million ounces of gold...
Uranium: the price reaches a new high as forecasts become even more bullish
Uranium is officially in a bull market with a 20 per cent price increase until 2023, far outpacing other metals markets. On Friday, uranium reached $60 per pound for the first time since 2011. The turnaround for nuclear fuel, after a decade of crisis, coincided with...
Aluminium: Russian metal divides negotiators at Barcelona meeting
Russian aluminium is dividing the metal industry as producers and consumers meet this week to work out supply agreements for next year. Some industrial consumers have refused to buy supplies from Russia because of Moscow’s invasion of Ukraine, but others argue...
Copper: price falls on stronger dollar and rising LME inventories
Copper prices fell on Tuesday in London under pressure from a stronger dollar and rising inventories, although positive signals from major metals consumer China kept losses in check. Three-month copper on the London Metal Exchange (LME) was down 0.48 per cent at 8,361...