Chinese miner MMG buys Botswana ’s Khoemacau copper mine for US$1.9 billion
China’s MMG Ltd said on Tuesday it had entered into a share purchase agreement worth US$1.88 billion to buy Canada-based Cuprous Capital, the parent company of the Khoemacau copper mine in Botswana. “The acquisition of Khoemacau mine is an important step in achieving our vision of creating a…#mmgltd #cuprouscapital #khoemacau #botswana #mmg #jiqingxu #southafrican #africa (Source: Reuters: Health)
Source: Reuters: Health - November 21, 2023 Category: Consumer Health News Source Type: news
Chinese-Owned MMG Snaps Up Botswana Copper Mine for $1.9 Billion
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Source: Reuters: Health - November 21, 2023 Category: Consumer Health News Source Type: news
MMG Plans to Buy Copper Mine in Africa for $1.88 Billion
Mining company MMG has agreed to buy a copper mine in Africa for an enterprise value of nearly $1.88 billion as part of an effort by the Chinese government-backed company to expand its portfolio. MMG, which is nearly 68%-owned by state-owned China Minmetals, plans to buy the Khoemacau mine in…#mmg #africa #chinaminmetals #khoemacau #botswana #kalaharicopperbelt #hongkong (Source: Reuters: Health)
Source: Reuters: Health - November 21, 2023 Category: Consumer Health News Source Type: news
Five Key Charts to Watch in Global Commodity Markets This Week
Diverging views on oil’s outlook has prompted debate ahead of an OPEC+ meeting in the final weekend of November. China and the the US agreed to step up joint action to tackle climate change in the lead up to a key United Nations meeting. Copper trades are signaling a shaky 2024, while cocoa is…#unitednations #aichampion #vienna #brazil #iea #opec #dubai #parisagreement #2c #nt (Source: Reuters: Health)
Source: Reuters: Health - November 20, 2023 Category: Consumer Health News Source Type: news
Chinese Copper Smelter Agrees to First Drop in Fees in 3 Years
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Source: Reuters: Health - November 18, 2023 Category: Consumer Health News Source Type: news
Panama ’s Supreme Court to Deliberate on Copper Mine Contract Next Week
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Source: Reuters: Health - November 17, 2023 Category: Consumer Health News Source Type: news
The New Era of Mining
A robust global mining industry is essential for a growing green economy. Some facts to bear in mind: a solar panel requires aluminum, steel, copper, zinc, and silver. A wind turbine: steel, copper, and aluminum. An EV battery: lithium, gold, silver, cobalt, manganese, aluminum, nickel, and…#worldbank #ukraine #thisneweraofmining (Source: Reuters: Health)
Source: Reuters: Health - November 17, 2023 Category: Consumer Health News Source Type: news
Metals Higher as Dollar Slips
Metal prices rose as a weaker dollar helped provide support to commodities backed by the greenback. Three-month copper was up 0.1% at $8,219 a metric ton while aluminum was 0.3% higher at $2,231.50 a ton. Gold, meanwhile, was up 0.4% at $1,974.10 a troy ounce. The ICE dollar index slid 1.5%…#ice #peaktradingresearch #federalreserve (Source: Reuters: Health)
Source: Reuters: Health - November 15, 2023 Category: Consumer Health News Source Type: news
Copper Wobbles as Traders Gather in Shanghai For Major Event
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Source: Reuters: Health - November 14, 2023 Category: Consumer Health News Source Type: news
China Copper Giant ’s Downfall Sealed as Court Accepts Bankruptcy
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Source: Reuters: Health - November 14, 2023 Category: Consumer Health News Source Type: news
China Tightens Grip on Copper, Key to World ’s Energy Transition
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Source: Reuters: Health - November 13, 2023 Category: Consumer Health News Source Type: news
First Quantum, Canadian miner facing deadly protests in Panama, says it won't change course
The Canadian mining company that controls a massive copper mine in Panama says it has no plans to alter its operations despite widespread local protests against the firm's mining contract that have escalated and turned deadly. Last month, Vancouver-based First Quantum Minerals Ltd. was awarded a…#panama #firstquantum #panamacanal #cobrepanama #nestorrodriguez #cbcnews #tsx #tdbank #gregbarnes #cibc (Source: Reuters: Health)
Source: Reuters: Health - November 11, 2023 Category: Consumer Health News Source Type: news
Mission Critical: Why The Globe is digging deep on critical minerals
Critical minerals make the modern world work. Minerals such as copper, nickel, lithium, graphite and cobalt are the building blocks of renewable energy projects and electric vehicles. There is no energy transition without them. This is why The Globe and Mail has launched Mission Critical, a series…#globeandmail #missioncritical #ottawa #justintrudeau #worldbank #niallmcgee #geopolitics (Source: Reuters: Health)
Source: Reuters: Health - November 11, 2023 Category: Consumer Health News Source Type: news
Nascent Recovery in Chilean Copper Mining Is Spluttering
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Source: Reuters: Health - November 7, 2023 Category: Consumer Health News Source Type: news
Gold Slips as Markets Lean Into Risk Assets
Base metal prices were rising, while gold was down, with traders looking toward risk assets. Three-month copper was up 0.4% to $8,200.50 a metric ton while aluminum was up 0.8% to $2,273.50 a ton. Gold meanwhile was down 0.3% to $1,993 a troy ounce. "The macro environment is bullish following last…#peaktradingresearch (Source: Reuters: Health)
Source: Reuters: Health - November 6, 2023 Category: Consumer Health News Source Type: news
