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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... 


The Gibraltar mine in British Columbia
Gibraltar mine’s copper up 26%
11th January 2024 By: Creamer Media Reporter

The Gibraltar mine, in British Columbia, delivered a 26% increase in copper production last year, with output of 123-million pounds, TSX- and LSE-listed Taseko Mines reported on Wednesday.... 


Union members stage demonstration at First Quantum's Panama mine
10th January 2024 By: Bloomberg

Hundreds of Panamanian construction workers staged a demonstration at a shuttered copper mine that has become the subject of nationalistic sentiment in the Central American nation. Members of the... 


Battery metal price plunge is closing mines and stalling deals
Battery metal price plunge is closing mines and stalling deals
10th January 2024 By: Bloomberg

A meltdown in some of the most-hyped energy-transition metals is wreaking havoc across the mining world, stalling projects, scuppering deals and triggering a scramble for cash that promises to... 


The Sentinel mine in Zambia
FQM denies Zambian copper sale rumours
9th January 2024 By: Marleny Arnoldi

Zambia-focused First Quantum Minerals (FQM) has clarified that it does not intend to sell a stake in its copper mines in the country. FQM owns 80% of the Kansanshi copper mine and smelter in... 


Melanie Naidoo-Vermaak
Sibanye-Stillwater announces forceful C-suite sustainability appointment
9th January 2024 By: Martin Creamer

Johannesburg- and New York-listed mining company Sibanye-Stillwater has appointed Melanie Naidoo-Vermaak as chief sustainability officer, effective January 1. “Sustainability/ESG is a strategic... 


SSR appoints Malchuck to board
9th January 2024 By: Marleny Arnoldi

TSX- and ASX-listed SSR Mining has appointed Daniel Malchuck to its board effective January 8. He will also serve on the board’s technical, safety and sustainability committee.  


The Kamoa-Kakula mine
Ivanhoe’s Kamoa-Kakula achieves yearly guidance
8th January 2024 By: Tasneem Bulbulia

Dual-listed Ivanhoe Mines’ Kamoa-Kakula copper complex, in the Democratic Republic of Congo (DRC), produced 393 551 t of copper in concentrate in 2023, in line with the production guidance range of... 


Critical Metals raises £215 000 for drilling, road upgrades at DRC project
8th January 2024 By: Tasneem Bulbulia

Aim-listed Critical Metals, operator of Molulu copper/cobalt project, in the Democratic Republic of Congo, has raised about £215 000 in a placing, the proceeds of which will be used for advancing... 


Solar PV panels
Affirma, Norfund and KLP provide $145m for CEC to build additional capacity
8th January 2024 By: Schalk Burger

Private equity firm Affirma Capital, development finance institution Norfund and Norwegian pension fund Kommunal Landspensjonskasse (KLP) have invested $145-million in Zambian independent power... 


Aterian acquires 90% controlling interest in Atlantis
8th January 2024 By: Darren Parker

London-listed critical metals exploration and development company Aterian has signed a share purchase agreement (SPA) to acquire a controlling 90% interest in private Bostwana-registered business... 


Peruvian miner Buenaventura sees Antofagasta as ally in copper growth plans
8th January 2024 By: Bloomberg

After a few weeks digesting Antofagasta’s surprise entry into its shareholder register, Buenaventura sees the new investor as an ally in its copper growth plans rather than a rival eying control of... 


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