Chile's copper output dips slightly in April, says Cochilco

Chile's total copper production fell 0.8% in April to reach 416 200 t, government copper commission Cochilco announced on Friday. Chile is the world's top miner of the highly-conductive red metal. 

Zimbabwe aims to double power output by 2025 to meet mining demand

Zimbabwe's State power utility ZESA aims to more than double national grid capacity by 2025 to respond to increased demand from the mining sector, its chief executive said on Thursday. The country... 

Colombia coal production may grow 10.7% in 2023, industry group says

 Colombia's coal production could hit 71.9-million tonnes this year, driven by favorable weather conditions in mining regions, the Colombian Mining Association (ACM) said on Thursday. If the... 

Governments must speed up mine permits to meet transition needs - Teck CEO

Governments need to speed up permitting of new mines to boost their chances to meet a surge in demand for minerals vital to feed the clean energy transition, Teck Resources CEO Jonathan Price said... 

Peru sees copper projects on track, to stay ahead of Congo on output

Peru's key copper projects are moving forward and the country is optimistic about remaining the world's second-largest copper producer, its mining minister said on Thursday, fending off a rise in... 

Namibia says will not grab stakes in existing resource firms

Namibia is not considering taking minority stakes in mining and petroleum producers already operating in the country, the ministry of mines and energy said on Thursday, clarifying earlier comments... 

Chinese EV battery maker Gotion mulls factory in Morocco

Morocco's government and China-based battery maker Gotion High Tech have agreed to look into setting up an electric vehicle battery plant in the kingdom with up to $6.3-billion in eventual... 

Zimbabwe presses miners to produce battery-grade lithium locally

Zimbabwe wants lithium miners operating in the country to work towards producing battery-grade lithium locally and could impose a tax on exports of lithium concentrate in future, Mines Minister... 

Zambia orders halt to work on copper mine in Lower Zambezi park

Zambia's government on Wednesday ordered mining company Mwembeshi Resources to immediately halt all activities on the $494-million copper project it is developing in the Lower Zambezi National... 

Mali revises 2023 industrial gold forecast up 6% to 67.7 t

Mali has revised its 2023 industrial gold forecast to 67.7 t, up from a previous forecast of 63.9 t, according to mines ministry data shared with Reuters on Wednesday. Mali is one of Africa's top... 

Codelco shuts Ventanas smelter in move towards sustainable mining

Chile's State-owned Codelco, the world's largest copper producer, on Wednesday closed its Ventanas metal smelter in the country's central coast, following environmental incidents in the region that... 

Argentina says Chinese miner latest to bet big on lithium riches

Chinese miner Tibet Summit Resources will invest $1.7-billion to develop two lithium projects in Argentina, the economy ministry said on Wednesday, as the South American country eyes burgeoning... 

Samarco reaches deal with certain creditors over debt restructuring framework

Brazilian miner Vale said late on Wednesday night it had entered into a binding deal on the parameters for a planned debt restructuring at Samarco, a joint venture it shares with miner BHP Group.... 

EU seeks critical minerals deals with more African countries

The European Union (EU) is in negotiations with Democratic Republic of Congo, a leading source of battery minerals, and aims for talks with other African countries to shore up its supplies of... 

Portugal gives environmental green light for Savannah's lithium mine

Mining company Savannah Resources said on Wednesday Portuguese authorities had approved its environmental impact assessment (EIA) for what could become Western Europe's largest lithium mine,... 

Indonesian copper miner Amman aims to raise $880 mln in IPO

Indonesian copper miner Amman Mineral Internasional aims to raise up to 12.94-trillion rupiah ($880.6-million) in a listing scheduled for June 28 to July 3, it said in its prospectus on Wednesday.... 

Botswana's sole iron-ore mine halts operations as prices fall

Ikongwe Mine, Botswana’s sole iron-ore mining operation, has stopped production due to falling export prices for the mineral, a senior company official said on Wednesday. The mine, owned by... 

Glencore plans $1.5bn investment to expand Peru copper mine

Mining giant Glencore plans to invest $1.5-billion on an expansion project at its Antapaccay mine in Peru, up from $590-million announced previously, a company executive said, in a bid to unlock... 

Cochilco sees lithium shortage, price increases from 2031

The Chilean Copper Commission (Cochilco) forecast on Tuesday a "strong" lithium shortage and significant price hikes from 2031, as demand surges for the metal used to make batteries for electric... 

Chile wants to start lithium negotiations with Albemarle soon - Minister

Chile hopes to start negotiations soon with Albemarle as part of the government's plan to gain majority control of lithium mining projects, Mining Minister Marcela Hernando said on Tuesday. The... 

North Carolina seeks more info for Piedmont Lithium mine permit review

North Carolina regulators on Tuesday asked Piedmont Lithium for additional information needed to approve the company's mine permit application, the third such request since the review process began... 

Copper braces for more bad news from China

Copper prices on Tuesday hovered a little above last week's six-month low as investors braced for Chinese data that is expected to show a further contraction in factory activity. Benchmark copper... 

Botswana says it is still keen on De Beers partnership, confident of new deal

Botswana wants to maintain its partnership with De Beers and is confident that ongoing negotiations for a new diamond sales agreement will succeed, a government spokesperson said on Tuesday.... 

Sagging demand drags copper towards 6th straight weekly loss

Copper prices rose on Friday but remained on track for a sixth consecutive weekly loss amid lacklustre demand from top metals consumer China and other markets. Benchmark copper on the London Metal... 

Botswana president insists on bigger share of diamonds from De Beers venture

Botswana will not back down on demands for a bigger share of rough diamonds from its joint venture with De Beers, President Mokgweetsi Masisi said on Thursday, upping the stakes as talks for a new... 

Gold firms as uncertainty on US debt ceiling keeps investors on edge

Gold prices edged up on Thursday, as investors awaited developments in the drawn-out debt ceiling negotiations in Washington, with gains in bullion capped by the US dollar rising to an over... 

Tin prices rise on Myanmar supply worry

Tin prices rose on Thursday on renewed concerns about plans by a major tin producing region in Myanmar to suspend mining later this year. A detailed plan to suspend all mining activities in a... 

BHP-backed Tanzania nickel miner in talks for offtake contracts

BHP Group-backed Lifezone Metals, which is developing a nickel mine in Tanzania, is negotiating supply deals with several electric vehicle manufacturers and battery makers as the race for energy... 

Codelco sees 'urgency' to reach agreement with SQM this year

Chile's State miner Codelco has a sense of "urgency" to reach an agreement with lithium miner SQM this year for a new state-controlled public-private partnership, Chairman Maximo Pacheco said... 

Union at Chile's Centinela copper mine accepts offer to avoid strike

The mine supervisor union for Chile's Centinela mine, operated by mining company Antofagasta, accepted contract negotiations to avoid a strike, the union said on Wednesday. 

Congo to hike stake in copper, cobalt venture with China

The Democratic Republic of Congo aims to boost its stake in a cobalt and copper joint venture with Chinese firms to 70% from 32%, on concerns the deal gives away too much of Congo's resources with... 

Subdued demand pushes copper to multi-month low

Copper extended this week's decline on Wednesday, touching an almost six-month low on signs of subdued Chinese demand that analysts expect to pressure prices over the coming days. Benchmark... 

Indonesia to allow exports of five raw minerals despite June ban

 Indonesia will continue shipping some raw minerals for the next year despite a looming export ban, its mining minister told parliament on Wednesday, as companies rush to finish smelters to process... 

Mining firms' cash-raising lifts Toronto exchange deals slow

The one bright spot in Canadian equity capital markets this year has been mining and metals companies. But whether that’s a glass half full or half empty for this sector is up for debate. Firms in... 

Chinalco expects to start Peru copper mine expansion no later than end-June

The Peruvian unit of Chinese firm Chinalco should start construction on its delayed $1.3-billion expansion project at the Toromocho copper mine in southern Peru by the end of June, the division's... 

Allkem, set for merger, talks up Argentina's 'enormous' lithium riches

Australian-based lithium miner Allkem, set for a $10.6-billion merger with US-based Livent, sees "enormous" opportunity in Argentina, a top executive said on Tuesday. Speaking at a mining event in... 

Union at Chile's Centinela copper mine opts to extend talks

The mine supervisor union for Chile's Centinela mine, operated by mining company Antofagasta, decided to extend negotiations to avoid a strike, the union said on Monday. The union said in a... 

Copper pressured by poor demand prospects and higher supply

Copper prices fell on Monday as the market focused on a deteriorating demand picture in top consumer China, rising supplies and climbing inventories in LME-approved warehouses. Benchmark copper... 

Polymetal plays down scope of sanctions as London-listed shares tank

Gold producer Polymetal International sought to play down the impact of US sanctions on its Russian operations as its London-listed shares tanked on Monday, emphasising that the restrictions did... 

US Forest Service pauses timeline for Rio Tinto Arizona copper mine

The US Forest Service has told a federal court it is not sure when it could approve a land swap allowing Rio Tinto to develop the Resolution Copper mine in Arizona, a surprising reversal that...