Glencore posts lower metals output for first nine months, reiterates outlook The miner and trader's own sourced copper production fell 4% to 705,200 metric tons, while its own sourced cobalt output fell 18% to 26,500 tons. Reuters | October 30, 2024 | 1:22 am
BHP has moved on from Anglo American, company chairman says The world's biggest miner walked away from a $49 billion bid to acquire Anglo in May after it was rebuffed three times. Reuters | October 29, 2024 | 5:45 pm
Trillions needed to achieve net-zero by 2050 — Wood Mackenzie The report shows the world needs to invest $78 trillion in the next 25 years to achieve net zero and a 1.5C warming scenario. Cecilia Jamasmie | October 29, 2024 | 6:47 am
CHART: Copper price is being held hostage by Beijing New report foresees a possible step change at meeting of China’s highest lawmaking body next week, with a decline of $1,000/t a distinct possibility. Frik Els | October 29, 2024 | 4:11 am
China’s cobalt king hits output goal months ahead of schedule The world’s No. 1 cobalt miner smashed through its full-year output target last quarter after a speedy ramp-up. Bloomberg News | October 29, 2024 | 2:20 am
Cadia becomes first Newmont mine to receive Copper Mark credential With this, about 35% of Australia’s copper is produced at sites that have obtained The Copper Mark. Staff Writer | October 28, 2024 | 12:39 pm
Canadian Copper to buy Caribou mill for treating Murray Brook ore A preliminary economic assessment is due in the first half of 2025. Staff Writer | October 28, 2024 | 10:04 am
Mining vs AI – It’s not even close Nvidia throws shade on entire global mining industry. Frik Els | October 28, 2024 | 6:51 am
Nornickel raises 2024 production guidance for all metals The Russian company increased nine-month copper and palladium output year on year while platinum and nickel were unchanged. Reuters | October 28, 2024 | 4:11 am
