Flights halted from PNG copper mine to Australia over virus cluster – paper

MELBOURNE — Flights from a mine in Papua New Guinea to Australia’s northeastern state of Queensland have been halted after a cluster of arrivals tested positive for COVID-19, the Brisbane Times newspaper said on Thursday, citing a state official.Five new confirmed infections were linked to the Ok Tedi copper mine, the state’s chief health officer,…

Impact set for barrage of drilling in NSW

Camera IconA drill rig setting up for night-shift in NSW. Credit: FileThings are hotting up for ASX listed explorer, Impact Minerals across two projects in New South Wales. Government approvals have now been received for a highly-anticipated drilling campaign at the company’s 100 per cent owned copper-gold Apsley prospect in the Lachlan Fold Belt….

Tasman (ASX:TAS) share price rockets 85% before trading halt

Home / Share Market News / Tasman (ASX:TAS) share price rockets 85% before trading haltThe Tasman Resources Ltd (ASX: TAS) share price surged an incredible 85.2% this morning before the company entered a trading halt around midday.By the time the ASX approved Tasman’s request for a trading suspension, the Tasman share price was swapping hands for…

China pours $49bn into Tibetan railway in development push

BEIJING — China has begun construction of a rail line that would greatly improve access to Tibet at a cost of 319.8 billion yuan ($49.4 billion), as Beijing seeks to tighten its grip on the region and tap the abundant natural resources.The envisioned 1,800 km railway will connect Lhasa in the Tibet Autonomous Region to the Sichuan Province…

Old School KAZ Minerals Becomes Latest Kazakh Stock Story

A woman inspects copper sheet metal. Kazakhstan’s KAZ Minerals wants to crank up copper production. … [+] One way to do it is to go private. Minority shareholders are asking for more than what the main bidders are offering. gettyLast year it was new school Kazakhstan. This year, it’s a return to the old school. Looking for a high risk global…

Congo’s cobalt and copper production jumped in 2020, central bank says

The Democratic Republic of Congo produced 85,855 tonnes of cobalt in 2020, up 10% from 2019, the central bank said on Wednesday, with copper production also jumping 11.8% year-on-year.The world’s biggest cobalt producer and Africa’s top copper miner took a hit when prices of the battery metals plunged during the global pandemic last year, but a…

Chinese company eyes joint venture with Philex

A major Chinese mining company expressed interest in teaming up with Philex Mining Corp. to develop the $1-billion Silangan copper and gold project in Surigao del Norte province. Philex chairman Manuel Pangilinan said several Chinese mining firms expressed interest in becoming a strategic partner of the company for the Silangan mine, including the…

Marimaca Copper Corp.: Significant IP Anomalies Identified at Mercedes and Cindy Targets

Figure 1Location of IP Line and Resistivity, Chargeability and Mag Inversion Sections for Mercedes TargetLocation of IP Line and Resistivity, Chargeability and Mag Inversion Sections for Mercedes TargetFigure 2Location of IP Line and Resistivity, Chargeability and Mag Inversion Sections for Cindy TargetLocation of IP Line and Resistivity, Chargeability…

Companies Are Feeling the Inflation Pinch. What to Watch Next.

Prices are rising for commodities such as oil. Spencer Platt/Getty ImagesMarkets are nervous about rising inflation and companies are already feeling the price pressure. If companies pass on rising costs to customers, that would make inflation more widespread and would have serous implications for stocks. Inflation in January was muted. Core consumer…

Copper futures fall 1% on weak demand

NEW DELHI: Copper futures on Wednesday slipped 0.95 per cent to Rs 709.95 per kg as participants cut their positions amid muted demand in domestic market.On the Multi Commodity Exchange, copper contracts for March delivery eased by Rs 6.80, or 0.95 per cent, to Rs 709.95 per kg in a business turnover of 4,136 lots.Analysts said trimming of positions…

UK share investing: a cheap FTSE 250 stock I’d buy and hold until 2030

Electric vehicles (or EVs) will be a big thing during this new decade. And I think this provides a great opportunity for UK share investors to make lots of money. The boffins at Deloitte forecast that 2020’s global EV sales of 2.5m will grow to a staggering 31.1m by the end of the decade. They’re not the only ones who expect EV demand to rocket,…

Copper Price Forecast: Bull Case to Prevail on Robust Supply and Demand Drivers

Copper, LME Warehouse Levels, Technical Outlook – Talking PointsCopper takes aim at all-time high as the red metal nears a 20% YTD gainGlobal macroeconomic factors point to further support for pricesCopper’s 12-day Exponential Moving Average eyed as near-term support Recommended by Thomas Westwater Get Your Free Top Trading Opportunities Forecast…

Shanghai aluminum jumps on supply concerns in China

HANOI — Shanghai aluminum prices rose on Wednesday, as concerns of supply cuts in top consumer China pushed prices near their highest level in 9-1/2 years.The most-traded April aluminum contract on the Shanghai Futures Exchange climbed as much as 4.2% to 17,640 yuan ($2,729.00) a tonne, hovering near its highest level since August 2011 of 17,695…

Why the RareX (ASX:REE) share price is up 400% in a year

It’s certainly a good day to be a RareX Ltd (ASX: REE) shareholder. RareX shares are up 11.54% today to 14 cents a share. It was an even better story earlier in the day too. Just after open, RareX shares hit an intra-day high of 16 cents, which was a rise of around 23%.But that pales in comparison to what this company has been up to over the past…

Industrial metals rebound as copper steadies above $9,000

LONDON — Copper prices traded comfortably above $9,000 a tonne on Tuesday, snapping two days of losses and building confidence in a rally powered by expected tight supply and growing demand.Aluminum also rebounded, rising by as much as 4.3% and set for its biggest daily gain since October 2018.Benchmark copper on the London Metal Exchange (LME)…

Close
Generic selectors
Exact matches only
Search in title
Search in content
Search in posts
Search in pages

Site Language


By continuing to use the site, you agree to the use of cookies. more information

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.

Close