mining sector

Latest news and articles about mining sector from NEX English

Expect rising copper prices until 2032 due to supply shortage

The Indonesian Ministry of Energy and Mineral Resources has reported that copper prices are expected to rise significantly until 2032 due to an imbalance between supply and demand. This announcement was made during a conference in Jakarta focused on enhancing economic growth.

Saudi Arabia issues 38 new mining licenses in February 2023

The Ministry of Industry and Mineral Resources in Saudi Arabia announced the issuance of <strong>38 new mining licenses</strong> in February 2023, reflecting the government's commitment to enhancing the mining sector as part of Vision 2030.