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Copper: Rio Tinto starts production of Oyu Tolgoi
Rio Tinto on Monday said it has started underground production at its massive Oyu Tolgoi copper mine in Mongolia. Since the agreement between the Mongolian government and Rio Tinto in January 2022 to restore the relationship and advance the Oyu Tolgoi underground...
Copper: expected downturn for prices
Recent price action suggests a strong potential for copper prices to move away from the rally seen earlier in the year. Copper prices have begun to form lower highs on shorter time frames. This is a strong indicator that a downward trend is ahead. However, prices will...
Aluminum and steel: Canada bans imports from Russia
Canada on Friday banned the import of all Russian aluminum and steel products, in a move Ottawa said was aimed at denying Moscow the ability to finance its war against Ukraine. "Ukraine can and must win this war. We continue to do everything we can to cut or limit the...
Copper: Panama gives First Quantum the green light to operate a port terminal
The Panama Maritime Authority has lifted the suspension of First Quantum Minerals' operations at the port of Punta Rincon, which the Canadian company uses to export copper concentrate from its key Cobre Panama mine. The company, which has spent very hot weeks with...