Freeport-McMoRan sees data centers boosting copper demand, beats Q3 results estimates Freeport's quarterly average realized price for copper was $4.30 per pound, compared with $3.80 per pound a year earlier. Reuters | October 22, 2024 | 6:45 am
Iron ore price retreats as mounting concerns on weakening steel demand weigh It fell below the key psychological level of $100 a ton to hit an intraday low at $99.8 earlier in the session. Reuters | October 22, 2024 | 1:26 am
Boliden’s Q3 earnings up nearly 60% as production picks up The company says production during the quarter had been good and metals prices were picking up. Reuters | October 22, 2024 | 1:21 am
Citi stays bullish on gold, hikes price 3-month outlook to $2,800 The bank also revised its 6 to 12-month forecast for silver prices upward to $40 per ounce from $38 per ounce. Reuters | October 21, 2024 | 5:31 pm
Graphic: Gold’s allure spreads as bulls lock in on fresh records Indicating new interest in buying gold, online marketplace BullionVault is seeing the strongest pace of new account openings since March 2022. Reuters | October 21, 2024 | 10:51 am
EU set to choose firm for critical minerals joint buying platform The EU aims to sign a contract by the end of the year. Reuters | October 21, 2024 | 9:31 am
Sandvik lags Q3 profit forecast as non-mining units face weak demand Sandvik is considered a reliable indicator of demand given its broad customer base. Reuters | October 21, 2024 | 4:24 am
Peru’s Chinese-built mega port to soft launch in late November with Shanghai route Cosco Shipping Ports owns and will operate the port with a 60% stake, with 40% held by Peruvian miner Volcan, which is controlled by Glencore. Reuters | October 21, 2024 | 2:10 am
South32’s Q1 manganese output plunges as Aussie ops fail to produce A tropical cyclone in March damaged infrastructure at the diversified miner's GEMCO project. Reuters | October 20, 2024 | 3:39 pm
Endeavour Mining targets 200,000 oz/year of gold from Ivory Coast mine The Lafigue mine began production in early August and is expected to produce between 90,000-100,000 ounces by the end of the year. Reuters | October 19, 2024 | 1:30 pm
India seeks critical mineral agreement with US, hopes for a trade pact Earlier this month, India and US signed an initial pact to cooperate on strengthening supply chains for lithium, cobalt and other critical minerals. Reuters | October 19, 2024 | 1:24 pm
Canada firms can request temporary relief from tariffs on China EVs, metals The measure is designed to help firms adjust their supply chains to cope with the new tariffs. Reuters | October 18, 2024 | 12:25 pm
