Chinese dictator Xi Jinping began a week-long tour of South America on Thursday in Peru, where he joined President Dina Boularte to inaugurate a new deep-water port in Chancay that was financed with a $1.3 billion investment from China.
Zhao Xing, China’s ambassador to Afghanistan, said on Thursday that Beijing will soon offer “zero-tariff” trade to the Taliban regime.
Metal theft has risen to new levels, with wiring from streetlights, fire hydrants, and even mausoleum nameplates being stolen.
A recent study from the University of Michigan has shed light on a critical challenge facing the global transition to electric vehicles: the inability of copper mining to keep pace with the growing demand.
A mining convoy in the eastern Democratic Republic of Congo was attacked by unknown assailants, killing four, including two Chinese nationals.
The Los Angeles Metro train system is suffering a wave of Third World-style copper cable theft that has disrupted service as criminals seek to strip the metal from the transportation network and sell it on the scrap market.
A suspect has been identified after being accused of stealing copper wire from a store in Bartow County, Georgia.
The Indian government is reportedly interested in buying a copper mine and up to two lithium mines in Argentina, in a bid to catch up with China as a top provider of minerals needed for electric vehicle (EV) batteries.
The Taliban’s “acting” Minister of Mines and Petroleum, Shahabuddin Delawar, on Thursday signed a deal with China’s Xinjiang Central Asia Petroleum and Gas Co. to exploit the Amu Darya oil field in northern Afghanistan.
Copper prices recently fell to a 16-month-low indicating to some financial analysts that a recession may be on the horizon, as the metal’s use across diverse industries means its price reliably gauges world economic health.
Workers for CODELCO, Chile’s state-run mining company and the largest copper producer in the world, launched a nationwide strike on Wednesday to protest plans to shut down a foundry employing 350 people.
An indigenous group said on Wednesday it will “indefinitely” block a key mining road in the Espinar province of Peru until its demands are met. Peruvian President Pedro Castillo quickly sacked his prime minister in response to the blockade, while his government announced a deal to satisfy another indigenous group that has been blocking a Chinese-owned mine.
The Detroit Public School system has turned off hallway drinking fountains over fears of contaminants such as lead and copper in the water.
On Friday, the Environmental Protection Agency said it will not repay over $1.2 billion for economic damages it caused as the result of the toxic Gold King Mine waste spill it accidentally triggered in Colorado last year, citing the Federal Tort Claims Act as the basis for its decision.
Contents: Mongolia in economic crisis asks the IMF for a bailout; Mongolia signs new mining deal with Rio Tinto for future growth
Contents: New York’s Obamacare Co-op collapses, the fourth so far this year; Copper’s crashing prices cause devastating economic ripples around the world; China’s ‘climate change’ promise may already be in trouble
Contents: Slovakia will accept 200 migrants — but only if they’re Christian; China’s yuan devaluation causes currency chaos in Asia
Contents: Turkey’s warplanes bomb ISIS and PKK strongholds in Syria; Commodities and world trade plunge, signaling stock market decline; China’s stock market partially ‘recovers’ after destruction
