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Zinc: stocks in LME warehouses almost doubled compared to last week
Zinc stocks in London Metal Exchange (LME) warehouses have almost doubled since last week, reaching a one-year high following the arrival of a shipment to Malaysia. The steady arrivals of metal in warehouses indicate surpluses of the metal used for galvanising steel...
Zambia orders halt to work on copper mine in Lower Zambezi
The Zambian government on Wednesday ordered mining company Mwembeshi Resources Ltd to immediately halt all activities at the $494 million copper project it is developing in the Lower Zambezi National Park. Collins Nzovu, Minister of Economy and Environment, said the...
Codelco closes Ventanas smelter with a view to mining sustainability
Chilean state-owned company Codelco, the world's largest copper producer, closed its Ventanas smelter on the country's central coast on Wednesday, following environmental incidents in the region that affected its operations. Last year, the mining company had decided...
Copper: BHP turns to Microsoft and artificial intelligence to improve recovery at its main Escondida mine
BHP Group has partnered with Microsoft Corp to improve copper recovery from its Escondida mine in Chile, the world's largest copper mine, using machine learning and artificial intelligence. BHP estimates that the world will need to double the amount of copper produced...