Gold Royalty Acquires Copper Stream; BHP And Rio Tinto Test Electric Trucks; Metals Acquisition Invests In Polymetals And More: Tuesday's Top Mining Stories
The price of copper has surged to an all-time high this week, and in doing so, it broke the $11,000-per-ton mark for the first time ever. The landmark moment is the culmination of a months-long rally driven by financial speculators who…
Under the terms of the PSA, Gold Royalty will pay consideration to Orion of US$50 million to acquire the Stream at closing of the Transaction, consisting of US$45 million payable in cash and US$5 million to be satisfied by the issuance of…
A recent study from the University of Michigan has shed light on a critical challenge facing the global transition to electric vehicles: the inability of copper mining to keep pace with the growing demand.
A new report from the International Energy Forum warns that global copper production may soon be critically outpaced by soaring global demand for the metal, which is a key component of many clean energy technologies. As such, the metal…
Get latest articles and stories on Latest News at LatestLY. State-owned Hindustan Copper Ltd on Friday reported a 6 per cent drop in consolidated net profit to Rs 124.33 crore for the March quarter.
Copper prices are set to quadruple in the next four years or so to hit $40,000 per ton as electrification and renewable energy rollout accelerates, hedge fund manager Pierre Andurand told the Financial Times in an interview published on…