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Analysis-BHP's proposed bid for Anglo American is a big bet on copper
25 Apr 2024 08:17 GMT
… that also predicted prices would hit $12,000 per ton over the … Metal Exchange (LME), where the price has rallied on strong longer … purchasing Anglo would give it value-adding copper growth options.
"BHP … to go to a million tonnes per year in the next …
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Anglo American shares surge after BHP proposes £31.1bn takeover to create copper mining giant – business live
25 Apr 2024 06:21 GMT
… s not long after buying Oz Minerals.
Clearly, competition … the plan would deliver value for Anglo American shareholders. … commodities, including potash and copper. These would be expected … price — might get a deal “across the finish line,” they said.
Copper …
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BHP to reshape copper market with Anglo bid
25 Apr 2024 04:51 GMT
… Big read through for other copper producers clearly the global consolidation … to go to a million tonnes per year in the … , and commodity exposure (especially copper). Our analysis indicates that Anglo … Brazil). There is a scarcity value to tier-1 mining assets …
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BlackRock says $12 000/t copper is needed to incentivise new mines
25 Apr 2024 03:39 GMT
… on mine supply may jolt prices.
Markham’s forecast is underpinned … costs miners incurred in building copper projects recently, with an … 000 tons a year, that would translate to a ballpark price tag … price records.
Copper traded 1.2% higher at $9 818.50 a ton …
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Lower iron, nickel and copper prices weigh on Vale's quarterly earnings
25 Apr 2024 03:27 GMT
… said lower prices for iron-ore, nickel and copper in the … even as iron ore and copper production rose.
Higher sales … -ore and copper helped offset the dip in prices in the … metals, Vale said on Wednesday.
The average realized price of copper …
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Copper rises on funds inflow, potential supply shortage
25 Apr 2024 03:29 GMT
… potential deficit
in the refined copper market this year also lent … yuan
($10,932.15) a ton.
"Fund buying was still … dollar index helped make
greenback-priced metals cheaper to holders of … of 428,000 tons in 2024 and
expect copper prices in London to …
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OceanaGold lowers final IPO price to P13.33 a share
24 Apr 2024 23:07 GMT
… Francisco said the final offer price offers steep discount considering … gold prices remained above the $2,325.80-per-ounce level … .
He said this price level would … producing both gold ore and copper concentrate.
The company expects to …
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Major Copper Smelters to Slash Output as Supply Crunch Looms
24 Apr 2024 21:17 GMT
… its 2.2 million tons of imported copper concentrate in 2023, with … $70 per ton and 7 cents per pound by pricing agency … that has propelled copper prices close to $10,000 per ton, a two … price pressure.
For fund managers like Jay Tatum of Valent Asset, copper …
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Surge Copper Announces Closing of Private Placement for $1.0 million
24 Apr 2024 20:30 GMT
… -Car Common Shares”) at a price of $0.10 per Side … as neither the fair market value (as determined under MI 61 … long-term commodity prices of US$4.00/lb copper, US$15 … , and US$1,800/oz gold. The Berg deposit contains …
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OceanaGold PHL sets final IPO price at P13.33
24 Apr 2024 18:25 GMT
… on Wednesday the final offer price for its upcoming initial public … on a gold price of $1,855 per ounce.
For his part … , it was priced at 26.2x fiscal year 2023 price to earnings … 12,000 to 14,000 tons of copper at its Didipio mine …