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Anglo American’s boss said he’s the best person to reshape the century-old miner — if needed — as slumping commodity prices pressure its sprawling operations and spark murmurs about activist...
Zambia plans to directly buy and sell a portion of the copper produced in the southern African nation, competing with trading giants including Mercuria Energy Group and Glencore. “We obviously...
KoBold Metals, a California-based metals exploration company backed by billionaires Bill Gates and Jeff Bezos, said it may consider partnerships as it plans to fast-track development of a new...
Vancouver-headquartered Capstone Copper has made its debut on the ASX. The ASX approved the company’s secondary listing and Capstone was admitted to the official list of the ASX on January 31.
In 2004, the year South Africa’s far-reaching Mining Charter was first introduced, black ownership in South Africa’s globally recognised mining industry stood at a negligible 2%. This has now leapt...
OceanaGold Philippines (OGPI), a subsidiary of Vancouver-based OceanaGold, has filed a preliminary prospectus with the Philippine Securities and Exchange Commission to raise up to 7.9-billion pesos...
First Quantum Minerals' dollar bonds have staged a rebound, recovering most of the losses they incurred amid a fallout with Panama over the company’s copper mine. The most liquid notes due in 2031...
The German government earmarked about €1-billion ($1.1-billion) for raw materials investments as it seeks to reduce dependency on producers such as China for critical minerals in high-tech and...
Aim-listed ZCCM-Investment Holdings (ZCCM-IH) has confirmed that it has entered into an agreement with International Resources Holding (IRH), which will, through its wholly-owned subsidiary Delta...
Risk aversion is likely to leave major Western miners lagging in a race to tap Africa's reserves of critical raw materials that has gathered pace now Middle Eastern oil powers have begun to emulate...
ASX- and JSE-listed Orion Minerals has in place a company-making strategy of developing multiple metal producing hubs within South Africa’s Northern Cape, a richly endowed mineral province and a...
The share price of Bougainville Copper (BCL) more than doubled on Friday as the ASX-listed company announced a five-year extension of its exploration licence for the Panguna project in central...
Following a yearlong review of the permitted Copperwood project, the Michigan Economic Development Corporation (MEDC) has proposed a $50-million grant, Canadian company Highland Copper said this...
Toronto-listed Fortune Minerals has extended the option to purchase the JFSL Field Services (JFSL) brownfield industrial site in Lamont county, Alberta. Fortune plans to construct a...
Americas-focused Capstone Copper on Thursday announced a C$375-million bought deal to raise cash for its near-term growth initiatives in Chile. Capstone and affiliates of Orion Mine Finance have...
A number of hedge fund managers are betting that copper stocks are significantly undervalued, as they position themselves for gains this year. Funds including Tribeca Investment Partners, Terra...
Diversified miner Glencore has reported lower volumes across its key commodities for the 2023 financial year, but notes that these were all nonetheless still within the guided ranges. The company’s...
Canadian entrepreneur Rob McEwen is in talks to raise about $100-million for a copper project in Argentina, at a time when miners are betting that deregulation by the new government of Javier Milei...
Coal mining company Ndalamo Resources is actively exploring opportunities in renewable energy and other minerals, paving the way for a diversified and resilient future. Ndalamo CEO Shammy Luvhengo...
London-listed Galileo Resources has defined three potential drill targets with a combined strike length of about 6 km on its PL253 licence in the Kalahari Copper Belt of Botswana. The three...
Gold and copper miner AIC Mines has significantly increased the mineral resources of its Jericho deposit, setting the stage to transform the Eloise copper mine into a cornerstone asset. The mineral...
Metals Acquisition Limited (MAC) is set to open a A$300-million initial public offering (IPO) next week to raise funds for the revival of the CSA copper mine, in New South Wales. NYSE-listed MAC...
Global copper miner Sandfire Resources has maintained its production, cost and capital expenditure guidance for the 2024 financial year, after a solid December quarter at its MATSA and Motheo...
Canadian miner First Quantum Minerals said on Monday it intends to sell the 120 000 t of copper concentrate stored near the Punta Rincon port. First Quantum's Panama unit said in a statement that...
Codelco is paying a heavy price for increasing its already heavy debt load to finance late and over-budget projects that are needed to maintain its status as the world’s biggest copper supplier....
Security incidents that disrupt trains transporting coal to South Africa’s Richards Bay Coal Terminal (RBCT) for export to the world are in definite decline and that has certainly helped to improve...
Copper and gold company AIC Mines has grown to the point where a COO is warranted and has appointed Tim Benfield to the position, MD Aaron Colleran announced on Monday. “Tim is a perfect fit for...
The Nunavut Planning Commission has issued approved licences for the Coppermine project, marking a major step in the permitting process, White Cliff Minerals reported on Monday. The ASX-listed...
Chinese construction companies will invest up to $7-billion in infrastructure projects as part of an agreement over their Sicomines copper and cobalt joint venture in the Democratic Republic of...
Chile's State-run Codelco, the world's largest copper producer, named Braim Chiple as its new chief commercial officer, the company said on Friday. Starting on March 15, Chiple, who comes from the...
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