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Copper: three South African companies join the race to buy the Khoemacau mine
At least three South African miners are in the race to buy Botswana's Khoemacau copper mine, home to one of Africa's largest copper deposits as growing demand for the metal ensures strong competition for the coveted asset. Johannesburg-listed Impala Platinum, Exxaro...
Aluminum: key points of the global industry (August 2023)
In August 2023, the global aluminum industry saw some significant developments, with LME prices hitting new one-year lows at $2,115/mt while the SHFE price recorded growth. Forecasts for the second half of the year point to a recovery in aluminum demand, with global...
Copper: prices settling due to rising stocks
Copper prices are in a settling phase, following the formation of new lows on 17 August, weighed down by rising stockpiles on the exchange and concerns about demand due to poor economic data from China, the main consumer. Three-month copper on the London Metal...
Copper: losses at Zambia’s Mopani mine in the first half of the year worsen as production slumps
Production at Mopani Copper Mines in Zambia declined in the first half of this year, adding to the losses of the operation bought by Glencore in 2021.Mopani's losses worsened to $196 million in the six months to June, compared to $120 million in the previous period,...