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Aluminum and zinc: with high energy costs, prices could outperform
Slowing economic growth is weighing on industrial metals prices, but zinc and aluminum could outperform if skyrocketing energy prices force European smelters to further cut production, leading to greater shortages. Metal prices, including copper, aluminum and zinc,...
Copper and zinc: Lundin considers selling its $1 billion mine in Portugal
Lundin Mining Corp. is considering the sale of a copper and zinc mine in Portugal that could be valued at about 1 billion euros. The Toronto-based company is talking to potential consultants to evaluate options for the Neves-Corvo mine in southern Portugal. A sale...
Copper and nickel: OZ Minerals gets final approval for a project
On Monday, the Western Australian government granted final regulatory approval for the miner to begin construction of its West Musgrave copper-nickel project. Global mining companies are trying to make money on metals such as copper and nickel, which are key raw...
Copper: Antofagasta profits plummet on rising costs and drought in Chile
Antofagasta on Thursday reported a drop in half-year profits due to rising costs, falling quality levels, and a persistent drought in Chile that has affected copper production. The company said it will cut its interim dividend to 9.2 cents per share from last year's...