Copper recycling from unwanted electricals essential says new report
Don't throw away your unwanted electrical goods people were being urged today, as they might just help avert a copper shortage crisis in future. According to a survey from the charity Recycle Your Electricals there is currently £266 million worth of the metal sitting unused in draws, enough to provide 30% of the copper needed for the UK's ‘green transition'.
Copper demand to grow by 1M metric tons per year as supply faces complex challenges
Global copper demand is expected to increase at an annual growth rate of 1 million metric tons per year until 2035, double the volume seen in the last 15 years, a new report from BHP has highlighted. This equates to a compound annual growth rate (CAGR) of 2.6%, an acceleration from the 1.9% seen since 2006, the report said.
Castillo Copper offloads another non-core asset
Shares of Castillo Copper Ltd (ASX:CCZ, LSE:CCZ) has announced the sale of its Cangai Copper Mine to Infinity Mining. The deal includes three tenements in northern New South Wales, with Castillo receiving 40 million Infinity shares and 20 million options as part of the transaction.
Copper at attractive entry point as supply constraints, energy transition demand drive price recovery: analysts
Analysts at RBC Capital Markets are bullish on copper, gold and uranium heading into the fourth quarter of 2024. Analysts see copper prices recovering in the second half of the year, driven by cyclicality, economic stimulus in China, and rate cuts in the Western world.
QC Copper to acquire Cuprum, expanding copper assets with Thierry project
QC Copper and Gold Inc. (TSX-V:QCCU, OTCQB:QCCUF) announced that it plans to acquire 100% of Cuprum, owner of the Theirry copper project in Pickle Lake, Ontario, in an all-share deal. With this acquisition, QC Copper highlighted it would own two major copper deposits in Canada, Thierry and Opemiska, located in Quebec.
Focus: Freeport cranks up copper output as rivals scour for deals to grow
Freeport-McMoRan is turbo-charging its copper output across three continents with no plans to join a buyout frenzy sweeping the mining industry, a strategy that analysts say positions the company well to capitalize on the clean energy transition's rising demand for the red metal.
Crude and Copper Present "Rock and a Hard Place" Scenario for Fed
Copper (/HG) is up, another sign of commodities appearing to stabilize in the markets. Crude Oil (/CL) also was on the rise after the opening bell.
Europa Metals to acquire Tynagh brownfield lead-zinc-copper-silver project
Europa Metals Ltd (AIM:EUZ, JSE:EUZ) is to acquire the Tynagh brownfield project in County Galway, Ireland. Through a reverse takeover, the company is acquiring what's described as an advanced recycling and rehabilitation project.
Power Metal Resources deals into copper project in Oman
Power Metal Resources PLC (AIM:POW, OTCQB:POWMD) has inked a deal to potentially earn into a new project, in Oman. A non-binding heads of terms agreement with Alara Resources Limited and Awtad Copper LLC, sees the company earn a 12.5% in the the Block 8 copper concession.
$3.50/lb copper is possible before 2024 ends, warns Scott Pollan
Michael McCrae is leading Kitco's coverage of the mining sector. McCrae, who has both an MBA and CMA, knows how to build digital media properties.
Copper Facing Historic Price Decline If Support Fails!
Copper prices have continued to fall and this decline seems to be in alignment with potentials talks of Federal Reserve interest rate cuts. When Doc Copper turns south, it's worth taking note.
Freeport-McMoRan Stock Falls as Goldman Cuts Copper Forecast
Goldman ended its longstanding recommendation to buy copper.
