Keywords: Copper


Copper surges past 14,000 dollars as global smelting output declines

Copper prices rose sharply on Tuesday, briefly crossing 14,000 dollars per metric ton on the London Metal Exchange, moving close to their all-time high of 14,527.50 dollars reached on 29 January. The rally reflects tightening global supply conditions driven by geopolitical tensions, stronger demand from......

Congo launches $100 million US-backed mining guard to secure strategic mineral sites

The Democratic Republic of Congo has announced the creation of a new paramilitary mining protection unit aimed at securing key mineral sites and strengthening control over strategic supply chains. The initiative, supported by international partnerships, is designed to address long-standing challenges......

Royal Road reports strong copper drill results at Lalla Aziza site

Royal Road Minerals has reported encouraging drilling results from its Lalla Aziza copper project in Morocco’s Western High Atlas, confirming the presence of significant copper mineralization across the site. The company completed a 15 hole reverse circulation drilling program covering 1,000 meters,......

Exclusive: US firm in key Congo minerals deal overstated mining experience, documents and sources show

A U.S.-linked company involved in a strategic minerals agreement in Democratic Republic of the Congo overstated its mining experience, according to documents and multiple sources reviewed by Reuters, raising fresh concerns over transparency in deals tied to critical resources. The company, Virtus, recently......

BHP targets large-scale copper exploration in Zambia as global demand rises

Global mining company BHP Group is preparing to expand large-scale copper exploration activities in Zambia, according to the country’s mines ministry, signaling growing international interest in one of Africa’s most important mineral producers. Officials said the company is considering advanced......

Iran Hormuz restrictions drive copper and silver price surge

Renewed restrictions by Iran in the Strait of Hormuz are intensifying pressure on global commodity markets and accelerating gains in copper and silver prices. The measures follow an escalation in tensions with the United States, including a naval blockade on Iranian ports that took effect on April 13.......

India-Zambia talks on critical minerals stall over mining rights concerns

Negotiations between India and Zambia over access to critical mineral resources have reportedly stalled, highlighting growing global competition for strategic raw materials. The discussions focus on the exploration and potential extraction of key resources such as cobalt and copper. Cobalt is essential......

BHP appoints Brandon Craig as next CEO to drive growth strategy

BHP Group said Brandon Craig will become chief executive on July 1, succeeding Mike Henry after more than six years in the role, signaling continuity in the mining company’s long term strategy. Craig currently serves as president of BHP Americas, where he has overseen growth initiatives across......

China pledges to cut excess steel and oil refining capacity

China’s top economic planning body has announced plans to curb excess production capacity in major heavy industries, including steel and oil refining, as the country continues to struggle with persistent overproduction across key commodity sectors. The National Development and Reform Commission......