Shares of Anglo American and Antofagasta rally after UBS upgrade Anglo American shares surged 7.8% in London after UBS upgraded its rating from neutral to buy. Staff Writer | December 1, 2023 | 9:17 am
China lithium price poised for further decline in 2024 – analysts Lithium carbonate prices in top consumer China could fall by more than 30% next year. Reuters | December 1, 2023 | 8:53 am
Copper price climbs to three-month high on Panama mine risk, shortfall The metal rose as much as 1.2% on Friday, tracking a rally in European and Chinese stock markets. Bloomberg News | December 1, 2023 | 8:40 am
Congo’s Gecamines to push for copper, cobalt trading share Congo's State mining group said it will push to secure the rights to buy copper and cobalt at mines it has holdings in. Reuters | December 1, 2023 | 8:06 am
Zambia selects UAE’s IHC unit as new partner in Mopani Copper Mines The new investor is also expected to "reset" Mopani's existing relationship with Glencore, ZCCM said. Reuters | December 1, 2023 | 7:44 am
Copper miners, Chinese smelters agree on first drop in fees in 3 years Miners on Friday reached agreements with Chinese smelters for a lower copper concentrate treatment and refining charges for 2024. Reuters | December 1, 2023 | 7:38 am
Patriot Battery Metals starts Corvette approval process It has submitted a preliminary information statement to the Quebec government, which is the first step in the project impact assessment. Staff Writer | December 1, 2023 | 6:23 am
Scientists use copper to reduce cost of cancer treatment UCLA researchers devised an inexpensive way to produce a molecule used in anti-cancer drugs from a chemical costing just $3 per gram. Staff Writer | December 1, 2023 | 5:54 am
First Quantum takes Panama to international court It is also suspending its 2023 production guidance for Cobre Panama mine, which accounts for about 1.5% of the world’s copper production. Cecilia Jamasmie | December 1, 2023 | 3:54 am