Hints and tips:
Related Special Reports
...Hammond told the Treasury minister about “concerns from firms such as Copper” on the speed of regulatory change for crypto companies....
...Cryptocurrency firm Copper secured a meeting with Treasury officials following a weekend phone call between a UK government minister and former chancellor Lord Philip Hammond, then an adviser to the company...
...The company added that it had conducted due diligence to understand what was required for the long-term sustainability of the asset. The company is looking to diversify into battery metals and copper....
...Hammond, who had been an adviser to Copper, was made chair in 2023 following a fundraising that valued the company at $2bn. He holds a “small stake” in the group....
...Hammond joined Copper’s board last year after it closed a fundraising round valuing the company at $2bn....
...Spending by the world’s biggest mining companies on copper exploration was small relative to volume of the metals the world was expected to need, Goldman said....
...Panama’s Supreme Court ruled on Tuesday that a new contract given to a Canadian company to operate one of the world’s largest copper mines was unconstitutional, just weeks after its award sparked mass protests...
...Lloyds and Santander UK provided accounts to British front companies secretly owned by a sanctioned Iranian petrochemicals company based near Buckingham Palace, according to documents seen by the Financial...
...“The prospect of a bad year for copper has now disappeared.”...
...Its purchase of Canada-based Cuprous Capital, the company that owns the high-grade (2 per cent) Khoemacau mine, concludes a long search....
...Europe’s largest copper producer Aurubis has dismissed three of its top management, including the chief executive, following a scandal involving a string of metal thefts....
...US oil companies ExxonMobil and Chevron each announced large acquisitions: of Pioneer Resources ($59.5bn) and Hess ($53bn), respectively, in October....
...The company shook up its leadership earlier this year, with new chief executive Rubén Alvarado Vigar taking over in September....
...Despite lower prices for its critical commodities, it produces iron ore, aluminium, copper and lithium, Stausholm argued he had strengthened the company in his three years as chief executive....
...Panama will shut one of the world’s largest copper mines, its president said on Tuesday, after the country’s Supreme Court struck down a Canadian company’s contract to operate it amid large protests....
...Rio Tinto’s difficult years-long expansion of the Oyu Tolgoi copper mine in Mongolia is now delivering tonnes into a constrained copper market, where stronger prices helped the major miner prop up earnings...
...As prices fall, the companies can only awkwardly point out that these metals now matter less and less to the group’s profits....
...Copper Some years ago I met a frontier market investor who had invested in companies all over the world....
...Aurubis, Europe’s largest copper producer, said it will suffer €185mn of damages from a large-scale fraud that it suspects to have been perpetrated by suppliers in collusion with its own employees....
...Aurubis, Europe’s largest copper producer, said it had suffered a €185mn hit as a result of a suspected large-scale fraud perpetrated by suppliers in collusion with employees, after discovering a shortfall...
...Kathleen Quirk, president of Freeport-McMoran, the largest US copper producer, said that higher copper prices alone would not be enough to secure enough metal needed for the world to go green....
...“The whole appearance of mining companies justifying developments through employment, GDP and taxes is lecturing and patronising,” the executive said....
...Henry stressed that nickel was BHP’s smallest division and that it saw other resources including copper, potash and iron ore as stronger growth drivers for Australia’s largest company by market capitalisation...
...And with copper prices staging a recovery, supply is not going to be curtailed any time soon. This will stimulate longer-term cobalt demand....
...the company said....
International Edition