Data: SHFE, DCE market movement (Feb 11)

Officials from Sichuan Liwu Copper Industry Co., Ltd. visited Sichuan Gold Group for discussions and signed a strategic cooperation agreement. According to the agreement, the two sides will engage in in-depth cooperation in key areas such as mineral resource acquisition, exploration and development, mining technical services, scientific and technological innovation, and talent exchange. By integrating their respective advantages in capital, technology, management, and resources, they aim to achieve a powerful synergy between "gold" and "copper," jointly enhance the comprehensive development efficiency of regional mineral resources, and work together to set a new benchmark for win-win cooperation among state-owned mining enterprises in Sichuan.

Canadian exploration company Midnight Sun Mining has just announced the initial resource estimate for the central region of the Zambia-Congo Copper Belt: the Kajiba deposit, located in the dome area of the Solwezi project, is a small part of this shallow copper system. The deposit has proven reserves of 2.33 million tons with a copper grade of 1.41%, containing 72.4 million pounds of copper.