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Dwindling copper supply from Panama and Peru could wipe out global surplus in 2024 - Vimarsana News

Dwindling copper supply from Panama and Peru could wipe out global surplus in 2024

Reduced supply from major copper producers Panama and Peru may flip the global copper market into a deficit from surplus in 2024 or at least tighten oversupply if the disruptions are not resolved...

Angola's new diamond mine opens against backdrop of weak demand - Vimarsana News

Angola's new diamond mine opens against backdrop of weak demand

Angola has officially started diamond mining at its new Luele project, the biggest in the country and one of the world's largest by estimated resources, it said on Monday, at a time when global...

Copper on track for another weekly gain - Vimarsana News

Copper on track for another weekly gain

Copper prices in London were on track for a second consecutive weekly gain on Friday, helped by efforts to support the property market in top metals consumer China, a weaker dollar and improved risk...

Nornickel will pay $18 million to drop its stake in nickel JV in South Africa - Vimarsana News

Nornickel will pay $18 million to drop its stake in nickel JV in South Africa

Russia's Nornickel will pay $18 million to pass its 50% stake in Nkomati nickel mine in South Africa to its partner African Rainbow Minerals , ARM said on Friday, ending years of Nornickel's...

Copper rises as strong yuan supports Chinese demand - Vimarsana News

Copper rises as strong yuan supports Chinese demand

Copper prices rose in London on Thursday as the U.S. currency weakened, supporting demand for the dollar-priced metal from buyers using yuan and other currencies. Three-month copper on...