Aside from silver and gold, Nevada’s geological composition includes huge deposits of various base metals.
Under a new court ruling, the Mongolian government reportedly broke the law as a result of trying to seize full control of the lucrative Erdenet mine.
Chinese steel prices dropped as reports of China easing on production curbs policies for northern provinces surfaced.
Following the decision to place tariffs on steel and aluminum imports, Trump signed a new proclamation that will grant an exclusion from its quotas.
Ivan Arriagada, Antofagasta's CEO, states that copper prices will remain volatile in the upcoming months because of global uncertainty.
Aside from the price drop, the industry is also affected by the trade war between the U.S. and China.
With an ongoing trade war between the United States and China, copper prices reported a 15 percent loss in the last five weeks.
Capstone sold its Minto mine to Pembridge Resources, with the transaction to conclude within this month.