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Copper: Barrick bets on Pakistan with $7 billion project
Barrick Gold Corp.'s first attempt to build a copper mine in Pakistan was thwarted when the government denied permits. A decade later, the company is trying again, with a much bolder plan. The Toronto-based company laid out plans Tuesday to develop the giant Reko Diq...
Coal and copper: Mongolia steps up supply efforts to China
According to Nagi Otgonshar, Mongolia's deputy minister of mining, Mongolia is stepping up its efforts to supply raw materials such as coking coal and copper to China in 2022, following lacklustre trade in 2021, as it expands its mining sector and increases its...
Aluminium: demand concerns sink prices
Aluminium prices fell to their lowest in more than three weeks on Monday as COVID-19 blocks in China, the main consumer, fuelled concerns about slowing demand for industrial metals. Benchmark aluminium on the London Metal Exchange fell on Monday to $3,221/mt (lowest...
Copper: Ivanhoe achieves record production
Ivanhoe Mines has seen its Kamoa-Kakula copper mining complex in the Democratic Republic of Congo (DRC) reach a new production record in the first quarter of this year, with 55,602 tonnes in the period. The Canadian company, which kicked off production at the plant...