Loading
Copper: First Quantum Minerals awaits contract renewal for its Cobre Panama mine
First Quantum Minerals could receive the long-awaited contract for its flagship copper mine in Panama in November, according to a statement from Panama's Ministry of Trade and Industry. The company has been waiting for the document since September 2021, when it began...
Aluminum: Glencore delivers Russian-origin material to LME
According to sources with direct knowledge, Glencore has reportedly delivered significant quantities of Russian-origin aluminum to the London Metal Exchange's registered warehouses in Gwangyang, South Korea. The deliveries to the LME warehouses highlight the...
Aluminum: price drop while LME stocks rise
Aluminum prices are falling as inventories in London Metal Exchange warehouses rise, fueling fears of unwanted Russian-origin metal in the LME system. After Russia invaded Ukraine in February, Western countries imposed sanctions on Russian banks and wealthy...
Rio Tinto cuts forecast on weakening global economy
Rio Tinto has cut its full-year production forecast due to the weakening global economic outlook that weighed on the third quarter. The Anglo-Australian group said its Pilbara operations produced 84.3 million tons (mt) in the three months to the end of September, up 1...