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Chinese imports are consuming the world’s copper surplus
According to the International Copper Study Group (ICSG), the refined copper market is experiencing a decline in supply and demand this year. The expected deficit is low, just 52,000 tons in a global market of 24 million tons, but it is a dramatic change from the...
Appia Energy continues its project on rare earths in Saskatchewan
After the Saskatchewan government announced in September that it would build a $31 million domestic rare earth processing facility, Appia Energy released the results of its wholly owned Alces Lake REEs project in Saskatchewan. The 143 square kilometer property is...
Chinese economy needs to recover further
At the press conference on October 19, the spokesperson of the National Bureau of Statistics of the country, Liu Aihua, said that with the steady progress of China's national economic recovery in the last three quarters, particularly with a growth in gross domestic...
BHP sets aside the planned expansion of $2.5 billion
Mining giant BHP has shelved a planned $2.5 billion expansion of its copper, gold and uranium mine at Olympic Dam in South Australia after studies of the ore's body revealed weaker-than-expected results. While the mine produced more than 50,000 tons of copper in the...