Great Boulder Resources discovers a mining deposit at Western Australia. The place is said to accommodate a large sum of copper, nickel, and cobalt.
The looming trade war between the U.S. and China has contributed to the decline of metal prices.
The nickel exploration will take place in South Voisey's Bay mine in central Labrador, Canada.
Newcrest's investment in Lundin Gold is significant in starting the operations at the Fruta del Norte mine.
The US Gold Corp's King Copper project looks promising due to its strategic location, which will likely yield a bounty of different minerals.
The Ministry of Steel clarified that it simply wants a say and not direct control in dealing with raw material concerns.
A weaker dollar and the upcoming Chinese New Year continue to influence the prices of base metals.
Zinc supply is expected to be tight during the first quarter of this year, prompting differences in price and annual concentrate treatment charges.
The value of zinc remains high as demand in many industries continues.
Although copper production may drop down this year, growth is still expected from a major copper producer, Peru.