copper

Copper price rebounds as US dollar weakens

The copper price rose to a six-week high on Thursday as the US inflation rate eased and US dollar weakened.
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The copper price slumped to a 20-month low on Monday amid fresh COVID-19 restrictions in China as the BA.5 sub-variant takes hold.
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Copper prices dropped to their lowest point since March 2021 this week, while iron ore also faltered to a six-month low. But why?
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Glencore subsidiary Mount Isa Mines and Austral Resources have entered into earn-in agreements to explore their respective tenements.
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Far East Gold has received environmental approval to complete advanced exploration works at its fancied Woyla gold project in Indonesia.
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Alkane Resources’ Boda prospect is emerging as a future Tier-1 copper-gold project after the company unveiled a landmark resource estimate.
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Galileo Mining continues to solidify the Callisto prospect at its Norseman project after revealing more significant exploration findings.
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Chalice Mining has launched a $100 million institutional placement to fund further exploration at its Julimar nickel-copper-PGE project.
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BHP chief executive officer Mike Henry examines opportunities for the resources industry in the face of ever-changing global events.
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OZ Minerals has entered into an agreement with Havilah Resources enabling it the option to acquire the Kalkaroo copper project in SA.
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