News

  PanAust Limited is one of the International Copper Association Australia’s most geographically diverse members – an Australian-incorporated copper and gold producer whose flagship mine in Laos has been running for close to two decades, and whose next major project, Frieda River in Papua New Guinea, ranks among the largest undeveloped copper-gold deposits in the […]

  Copper’s week was defined by the unwinding of a historic London Metal Exchange squeeze, a still-unresolved decision on whether US tariffs will be extended to refined cathode, and a widening gap between where metal is physically sitting and where genuine demand actually stands. Prices below are quoted in US dollars per kilogram (US$/kg) and […]

  Market setting Copper spent the week consolidating after last week’s record spike, when COMEX copper touched an all-time high of US$6.90/lb (US$15.21/kg, US$15,212/t) on 6 August. Trading Economics and wire pricing show the most-active COMEX contract easing back into a US$6.58–6.70/lb band (US$14.51–14.77/kg, roughly US$14,510–14,770/t) through the week to 13 August, with the metal […]

Copper broke decisively higher this week, driven by an escalating supply scare out of the Democratic Republic of Congo, aggressive tariff-driven stockpiling in the United States, and a resilient structural demand story tied to electrification and grid investment. After a month of consolidation, COMEX and LME benchmarks both pushed to fresh multi-month or record highs […]

      Copper remained elevated through the week ending 31 July, supported by tight mine supply, constrained concentrate availability and resilient long-term demand linked to electrification, grid investment and digital infrastructure. At the same time, war-related macro pressures, tariff uncertainty and uneven regional growth kept sentiment volatile and reinforced the view that copper is […]

  Copper ended the week near historically high levels as tight mine supply, falling exchange stocks outside the United States and resilient electrification demand continued to support the market. Against that, the Iran war, tariff uncertainty and uneven regional growth kept sentiment volatile and reinforced the view that copper is being driven by both structural […]

ASX-listed Hillgrove Resources has garnered board approval for the start of development at Emily Star as the third underground mining front of the Kanmantoo copper mine, in South Australia.   The development requires between $20-million and $22-million of capital, with about $7-million planned to be spent in the second half of this year. Hillgrove plans to have stoping start in the second half […]

  Copper held near historic highs through the second week of July, but the market remained in consolidation mode rather than extending the sharp rally seen earlier in 2026. LME official prices in early July were still clustered around the low-13,000 USD/t range, while US benchmarks continued to trade at a premium, underlining the degree […]

  Market overview Copper remained elevated through the first days of July, but the market continued to consolidate rather than extend the sharp rally seen earlier in the quarter. LME official prices for 1–2 July sat around 13,169–13,208 USD/t, equivalent to roughly 13.17–13.21 USD/kg, showing that prices are still near historically high levels even as […]

ConnectOre Research Briefing, June 2026 Mine haulage is the single largest source of emissions at most open-cut operations — and the place where decarbonisation and cost discipline converge most forcefully. Diesel haul fleets typically account for 30–80% of a mine site’s direct Scope 1 emissions, with haul trucks alone responsible for 30–50% . A new […]