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Copper: First Quantum in trouble because of Panamanian protesters
Canadian mining company First Quantum Minerals is bracing itself for a rough ride as Panama seeks to cancel its contract to operate one of the world's largest copper mines. Panama's shock decision on Sunday to hold a binding vote on whether to cancel the 20-year...
HRC steel: European producers increasingly optimistic due to rising costs and reduced supplies
European hot rolled coil (HRC) prices rose on Wednesday, 1 November, with mills becoming increasingly bullish and increasing their offer prices for coils with January delivery. Integrated mills in northern Europe are targeting increases of €30-50 ($32-53) per tonne...
Lithium: Zimbabwe’s export earnings triple as projects take off
Zimbabwe has earned $209m from lithium exports in the first nine months of 2023, almost triple last year's gains, thanks to Chinese-led mining and processing projects taking off. Africa's leading lithium producer, Zimbabwe hopes demand for the mineral, which is...
Copper: prices ready to extend towards $8,250/mt-8,300/mt
Copper prices are on an upward trend despite weak Chinese industrial data, as investors reduced their positions amid uncertainty. Three-month copper on the London Metal Exchange (LME) was up 0.68 per cent at $8,161/mt (09:00 Italian time), after posting its third...