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Copper

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Chuquicamata Subterranea is an ambitious project to extend the openpit copper mine's lifespan by converting it into an underground operation
Codelco to invest $720m more in Chuquicamata copper mine
19th January 2024 By: Reuters

Chile's State-owned Codelco, the world's largest copper producer, submitted an environmental permit request on Thursday to modify its Chuquicamata Subterranea project at a cost of $720-million.... 


POTENTIAL REBOUND
Recent price increases suggest a potential rebound for copper in the macroeconomic environment
Base metals navigating macroeconomic uncertainties
19th January 2024

With market dynamics presenting a mixed bag of challenges and potential opportunities, base metal nickel, specifically, has experienced notably low prices, averaging at $18 255/t in October 2023,... 


LUANSHYA WEST COPPER PROJECT
A crucial induced polarisation survey programme has proven critical in advancing exploration efforts
Exploration to drive targeted drilling in 2024
19th January 2024 By: Simone Liedtke

A crucial induced polarisation (IP) survey programme at mineral exploration and development company Koryx Copper’s Luanshya West project, in Zambia, has proven critical in the company’s commitment... 


Gwede Mantashe
Cadastre imminent, 2024 to be used as year to clear backlogs, says Minerals Minister
18th January 2024 By: Martin Creamer

The introduction of an electronic cadastral system to record and enable online access to mining data is imminent, Mineral Resources and Energy Minister Gwede Mantashe emphasised in an interview... 


Seabridge applies to BC for ‘substantially started’ status for KSM
Seabridge applies to BC for ‘substantially started’ status for KSM
18th January 2024 By: Creamer Media Reporter

Dual-listed Seabridge Gold has applied to the British Columbia Environment Assessment Office (BC EAO) for ‘substantially started’ status for its 100% owned KSM project. Under the BC Environmental... 


BHP CEO Mike Henry
BHP’s solid first half dimmed by metallurgical coal stumble
18th January 2024 By: Mariaan Webb

Diversified mining group BHP has had a “solid” operational first half, CEO Mike Henry said on Thursday, reporting higher six-month copper and energy coal production, but lower iron-ore and... 


ICMM CEO Rohitesh Dhawan
Global mining commits to nature-positive future
18th January 2024 By: Martin Creamer

Global mining and metals companies have committed at Davos to take urgent action to support a nature-positive future by 2030 that promotes the health, diversity and resilience of species,... 


Mined cobalt
BMI predicts more stable metal prices, critical mineral deals in 2024
17th January 2024 By: Marleny Arnoldi

Research agency BMI on January 17 unpacked the key themes for metals and mining for the year, highlighting that the sector is making a modest recovery amid global deceleration. BMI commodities... 


Expansion on track at Zambian project, First Quantum says
17th January 2024 By: Tasneem Bulbulia

As part of its 2023 Preliminary Production and 2024 to 2026 guidance, published this week, TSX-listed First Quantum Minerals has reiterated its commitment to delivering the S3 Expansion project at... 


Ian Cockerill, Mark Cutifani and Tony O'Neill
South Africa-linked mining luminaries advising on metals industry greening
17th January 2024 By: Martin Creamer

South Africa-linked mining luminaries are playing roles in an initiative to transform the metals industry with clean technology. Being targeted for metals is the elimination of energy-intensive... 


Los Pelambres
Antofagasta's 2023 copper output up 2%, sees higher capex in 2024
17th January 2024 By: Reuters

Antofagasta on Wednesday reported a 2% rise in 2023 copper production to 660 600 metric tons on higher output at its flagship project Los Pelambres due to improved water availability. The Chilean... 


Taseko to accelerate construction activities at Florence
Taseko to accelerate construction activities at Florence
17th January 2024 By: Creamer Media Reporter

Vancouver-headquartered Taseko Mines will be accelerating construction activities at the Florence project, in Arizona, as the company concluded more financing for the mine. TSX-, NYSE American-... 


Marula appoints dedicated East African exploration head
17th January 2024 By: Marleny Arnoldi

Africa-focused mining and development company Marula Mining has appointed Collins Aseto head of exploration in East Africa as the company seeks more battery metal opportunities in the region.... 


First Quantum offers voluntary retirement to over 1 500 Panama mine staff
17th January 2024 By: Reuters

First Quantum Minerals on Tuesday offered voluntary retirement to more than 1 500 employees at its key Panama mine, a day after announcing a major restructuring to conserve cash, which included... 


Ivanhoe signs JV with DRC State miner to revive 100-year-old Kipushi mine
Ivanhoe signs JV with DRC State miner to revive 100-year-old Kipushi mine
16th January 2024 By: Marleny Arnoldi

TSX-listed Ivanhoe Mines has signed a new joint venture (JV) agreement with State-owned mining company Gécamines to restart the high-grade Kipushi zinc/copper/silver mine, in the Democratic... 


Barrick meets FY gold and copper guidance
Barrick meets FY gold and copper guidance
16th January 2024 By: Creamer Media Reporter

Canada-headquartered Barrick has achieved its 2023 production guidance, producing 4.05-million ounces of gold and 420-million pounds of copper last year. The 2023 output, however, is a reduction... 


FireFly reports ‘outstanding’ grades at Green Bay
16th January 2024 By: Creamer Media Reporter

Australia-listed FireFly Metals, formerly AuTECO Minerals, has reported “outstanding” high-grade copper and gold assays from its first drilling programme at the Green Bay project, in Canada. As... 


Indonesia approves Freeport Indonesia's mining quota for 2024-2026
16th January 2024 By: Reuters

Indonesia has approved a mining quota for copper miner Freeport Indonesia totalling 219.8-million metric tons of copper ore for the next three years, a mining ministry official said on Tuesday.... 


Copper 360 CEO Jan Nelson
Smart wristwatches to uplift mineworker well-being at Copper 360
16th January 2024 By: Martin Creamer

Computer programmes that use artificial intelligence (AI) to model orebodies and plan mines optimally have already been introduced by Copper 360, says the JSE AltX-listed Northern Cape copper... 


Cobre Panama is in a preservation and safe management state
First Quantum pulls in horns after Panama setback
16th January 2024 By: Mariaan Webb

Canadian miner First Quantum is pulling in its horns after its misfortune in Panama, where the company has been ordered to permanently close its 300 000 t/y copper mine. The Toronto-listed miner... 


Top copper supplier Chile raises price forecast
Top copper supplier Chile raises price forecast
16th January 2024 By: Bloomberg

Top copper supplier Chile raised its price projections for the metal based on the prospect of easing of credit conditions in the US and growing demand in the shift away from fossil fuels. State... 


CEO Jakob Stausholm
Rio Tinto sees gradual recovery in China’s economy in 2024
16th January 2024 By: Mariaan Webb

Diversified mining major Rio Tinto expects stimulus measures implemented by China to catalyse a slow but steady recovery of the world’s second-biggest economy in 2024, providing reinforcement to... 


Operations at Ravensthorpe will be scaled back.
First Quantum scales back Australia nickel production, explores smaller asset sales
16th January 2024 By: Mariaan Webb

Canada-headquartered First Quantum will scale back operations at its Ravensthorpe nickel mine, in Australia, as prices for the metal has tumbled amid an influx of new low-cost supply and weaker... 


Codelco caps worst year in quarter century with copper production drop
Codelco caps worst year in quarter century with copper production drop
15th January 2024 By: Bloomberg

Codelco indicated copper output declined last quarter from a year earlier, as the world’s biggest producer of the red metal strives to recover from mining mishaps and project delays. Production... 


Codelco reaches deal with supervisers union at Chuquicamata copper mine
Codelco reaches deal with supervisers union at Chuquicamata copper mine
12th January 2024 By: Reuters

Chile's State-owned Codelco, the world's largest copper producer, said on Friday it had reached an agreement on a new contract with the union representing supervisors in its Chuquicamata division.... 


Copper up from lowest in nearly a month on China stimulus hopes
12th January 2024 By: Bloomberg

Copper rose from its lowest close since mid-December, as inflation data from China bolstered calls for stronger stimulus measures from Beijing. China’s consumer prices posted their longest streak... 


copper
BMI forecasts a higher average copper price in 2024
12th January 2024 By: Darren Parker

Market research organisation BMI – a Fitch Solutions company – has maintained its average yearly copper price forecast at $8 800/t for this year. This is higher than the 2023 average price, and is... 


JSE business development manager Patrycja Kula-Verster
JSE presents opportunity for critical mineral miners to access capital
12th January 2024 By: Martin Creamer

Critical mineral demand is growing significantly at a time when South Africa has a pressing need to reawaken its public markets – two crucial needs that can be fulfilled in one go by companies... 


Evolution extends SPP closing to month-end
Evolution extends SPP closing to month-end
11th January 2024 By: Creamer Media Reporter

Australia-listed Evolution Mining has extended the closing date for its share purchase plan (SPP) from January 16 to January 30, to allow shareholders sufficient time to participate and complete... 


Grupo Mexico weighs bid for First Quantum’s Spanish mine
Grupo Mexico weighs bid for First Quantum’s Spanish mine
11th January 2024 By: Bloomberg

Grupo Mexico is among several firms considering bids to buy a Spanish copper mine from First Quantum Minerals, as the Canadian metals producer seeks to bolster its balance sheet after its flagship... 


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pqt: 0.872s - ct: 0.954s - 329pq - 2rq
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