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Copper price jumps to 2-year high
Copper prices rallied on Tuesday on the back of falling inventories, unprecedented Chinese economic stimulus and ongoing worries about pandemic-hit supply from top producer South America. Copper inventories in warehouses operated by the London Metal Exchange fell to...
Lynas raises funds for plant in Australia
Rare earths miner Lynas Corp posted on Monday a smaller-than-expected annual loss and outlined plans to raise A$425 million (around $307m) to fund construction of a new ore processing plant in Australia. The world’s biggest rare earths miner outside China said loss...
Jetti Resources’ quest for copper mining’s holy grail
The highly conductive red metal is actually the vital metal of the future that needs to be mined for the green energy era to come to fruition, but big, new deposits are rare. New copper projects such as Cascabel in Ecuador and Pebble in Alaska and the Oyu Tolgoi...
Positive outlook on aluminium
On July 19, the broke up of the upper part of the bearish channel and moving average at 50 weeks, sent a very good signal of rising prices. Beware of a possible pull back phase with fluctuations between $1700 and $1800 (in the short term) before further upward pushes...