Loading
Peruvian Ministry of Mines presents new licensing mechanisms to mining company representatives
A team from the Peruvian Ministry of Energy and Mines, led by Minister Oscar Vera Gargurevich, met with representatives of 31 mining companies operating in the country to discuss the new mechanisms his office is working on to remove obstacles that prevent or delay...
Copper: price hovers around seven-week lows amid concerns over China’s economy and rising supply
Copper prices hovered around seven-week lows today, Wednesday, 16 August, amid concerns about the health of China's economy, the main metal consumer, and easing supply concerns. Three-month copper on the London Metal Exchange settled at $8,186/mt at 8:38 a.m. local...
Crude steel: production in China in July falls due to production restrictions
China's crude steel production in July fell 0.34 percent from a month ago due to production restrictions in Tangshan city in northern China and Sichuan province in the southwest. The world's largest steel producer produced 90.8 million tons of ferrous metal last...
Outokumpu seeks to expand after second quarter decline
Although nickel prices rose by more than 8 per cent in July, today, 16 August, LME quotations fell to a new low since September 2022, also breking down June's lows at $20.545/mt, settling at 07:35 (Italian time) in the $19.745/mt area. According to the recent earnings...