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Vedanta misses Q4 profit estimates on lower prices
Updated 7 hours ago By: Reuters

ndian mining group Vedanta reported a 27% drop in fourth-quarter profit on Thursday, reflecting weaker prices of major metals like aluminium and zinc amid ballooning finance costs. The... 


The QB mine in Chile is ramping up.
Teck increases copper production with QB ramp-up
25th April 2024 By: Mariaan Webb

Canadian mining group Teck Resources has increased its copper production by 74% to 99 000 t in the first quarter, as output increased at the newly-built QB mine, in Chile. The Antamina mine, in... 


ERG's Metalkol mine in the DRC
Kazakh miner ERG denies circumventing Congo subcontracting laws
25th April 2024 By: Reuters

Kazakh miner Eurasian Resources Group (ERG) has denied accusations it tried to bypass Democratic Republic of Congo's subcontracting laws designed to boost local ownership in the mining sector, job... 


The combined entity will have a leading portfolio of tier-one assets, focused on iron-ore, metallurgical coal and future facing commodities, including potash and copper.
BHP makes £31bn offer for Anglo American
25th April 2024 By: Mariaan Webb

Diversified mining major BHP on Thursday announced a proposed all-share offer that values Anglo American at £31.1-billion. The deal has the potential to transform the mining industry landscape.... 


Prices are well below the levels needed to incentivise new greenfield production
BlackRock says $12 000/t copper is needed to incentivise new mines
25th April 2024 By: Bloomberg

Copper needs to reach $12 000/t — a 20% jump from this week’s high — to incentivize large-scale investments in new mines, said Olivia Markham, who co-manages the BlackRock World Mining Fund. The... 


Lower iron, nickel and copper prices weigh on Vale's quarterly earnings
Lower iron, nickel and copper prices weigh on Vale's quarterly earnings
25th April 2024 By: Reuters

Brazilian miner Vale on Wednesday said lower prices for iron-ore, nickel and copper in the first quarter dragged down earnings compared to the year before, as it posted net profit slightly below... 


A Zimbabwe flag
Changing business opportunities, challenges in Zimbabwe highlighted
24th April 2024 By: Schalk Burger

Zimbabwe is undergoing change and aims to attract more companies to do business in the country, but risks and challenges remain for businesses aiming to capitalise on the opportunities in the... 


First Quantum says probability of taking out copper from Panama mine only after election
First Quantum says probability of taking out copper from Panama mine only after election
24th April 2024 By: Reuters

Canadian miner First Quantum Minerals said on Wednesday the likelihood of taking out the 121 000 t of copper from its disputed Cobre Panama mine can only happen after the Panama national election.... 


First Quantum navigates Zambia power crisis through imports, renewable projects
First Quantum navigates Zambia power crisis through imports, renewable projects
24th April 2024 By: Mariaan Webb

In response to Zambia's recent declaration of a national emergency owing to a severe drought affecting power generation, copper miner First Quantum Minerals is taking measures to ensure the... 


China copper gauge at zero offers stark warning to metal bulls
24th April 2024 By: Bloomberg

A key measure of Chinese copper demand just sank to zero, another sign that global prices are not balanced with what buyers in the biggest market are prepared to pay. Premiums paid on imported... 


Vitol CEO Russell Hardy
World’s biggest energy traders are returning to metals markets
24th April 2024 By: Bloomberg

Some of the world’s biggest energy trading companies are returning to metals, years after getting burnt in the notoriously difficult markets. Vitol Group, Gunvor Group and Mercuria Energy Group... 


The Grasberg mine in Indonesia
Miner Freeport-McMoRan beats quarterly profit estimates on strong production
24th April 2024 By: Reuters

Copper miner Freeport-McMoRan beat Wall Street estimates for first-quarter profit on Tuesday, helped by higher production and easing costs. The mining giant said its quarterly production of copper... 


Codelco chairman says SQM lithium deal set to give 85% of benefits to state
24th April 2024 By: Reuters

Chile's government is expected to receive 85% of "associated benefits" including taxes and lease payments from a planned partnership between state-run copper miner Codelco and lithium company SQM... 


Copper 360 CEO Jan Nelson.
Copper 360 ships concentrate, on course to pay first dividend next year
24th April 2024 By: Martin Creamer

South Africa's rapidly advancing copper producer Copper 360 has shipped copper concentrate from the Northern Cape province for the first time in 21 years, which saw its shares rise by more than 26%... 


LME moves to stop gaming of Russian aluminium sanctions-based rule
LME moves to stop gaming of Russian aluminium sanctions-based rule
24th April 2024 By: Reuters

The London Metal Exchange (LME) moved on Tuesday to stop traders from taking Russian aluminium from its approved warehouses and returning it at a later date to profit from rule changes to comply... 


OceanaGold's Didipio mine
OceanaGold prices $106m IPO of Philippine unit
24th April 2024 By: Reuters

Toronto-listed miner OceanaGold said on Wednesday it will raise 6.08-billion pesos ($106-million) through an initial public offering (IPO) of its Philippine unit, the first listing in the Southeast... 


TMC produces first nickel sulphate from deep seafloor polymetallic nodules
TMC produces first nickel sulphate from deep seafloor polymetallic nodules
23rd April 2024 By: Creamer Media Reporter

Exploration company TMC has successfully produced nickel sulphate exclusively from seafloor polymetallic nodules. This, the Nasdaq company says, has never been accomplished before. Conducted in... 


MAC sketches long-life vision for CSA copper mine
MAC sketches long-life vision for CSA copper mine
23rd April 2024 By: Creamer Media Reporter

NYSE- and ASX-listed Metals Acquisition Limited (MAC) has announced a new resource and reserve statement for the CSA copper mine, in Australia, outlining a vision for a long-life operation.... 


Renström in the Boliden area is Sweden's deepest mine
Boliden's profit halves as strikes, bad weather weigh
23rd April 2024 By: Reuters

Swedish miner Boliden's first-quarter operating profit fell more than 50% as bad winter weather, lower mining grades and labour strikes weighed on earnings, it said on Tuesday. Operating profit... 


Copper 360 CEO Jan Nelson
Copper 360 asks FSCA to investigate 'unusual' trades in its shares
23rd April 2024 By: Creamer Media Reporter

JSE-listed copper miner Copper 360 has informed shareholders that it has noticed "unusual and uncommercial" trades in its shares, resulting in a substantial drop in its traded price. "The trades in... 


Anglo CE Duncan Wanblad.
Anglo pleased with copper's first-quarter performance
23rd April 2024 By: Martin Creamer

Copper production increasing by 11% as Quellaveco achieved its highest plant throughput rate in Peru, and Collahuasi and El Soldado in Chile benefitting from higher copper grades were among the... 


Raw copper produced in Zambia
Zambia seeks power imports for key mining sector
23rd April 2024 By: Reuters

Zambia's State-owned electricity utility Zesco said on Monday it is seeking to import power to avert an energy deficit that could affect output in Africa's second-largest copper producer. The... 


Copper cathode produced in the DRC
Zijin's Congo mine shipments returned due to radiation levels, ministry says
23rd April 2024 By: Reuters

Mineral shipments from a Congolese copper and cobalt operation majority-owned by China's Zijin Mining Group were returned due to overly high radiation levels, the Congolese mines minister said in a... 


Copper demand to boom as new technology drives power consumption, Trafigura says
22nd April 2024 By: Reuters

Flourishing activity in the electric vehicle, power infrastructure, AI and automation sectors will lead to at least 10-million metric tons of additional copper consumption over the next decade,... 


M&R’s TNT awarded EPC contract in South America
22nd April 2024 By: Tasneem Bulbulia

JSE-listed Murray & Roberts (M&R) has announced that Terra Nova Technologies (TNT), in joint venture with Ingeniería y Construcción Sigdo Koppers, has been awarded an engineering, procurement and... 


Orion Minerals CEO Errol Smart.
Rich copper intercept in N Cape sends Orion’s shares soaring on Australian exchange
22nd April 2024 By: Martin Creamer

The richness of South Africa’s copper assets were emphasised on Monday when Northern Cape mine developer and explorer Orion Minerals published a standout intercept that sent its shares rocketing up... 


South32 CEO Graham Kerr
South32 reports improved operating results for March quarter
22nd April 2024 By: Darren Parker

Diversified miner South32 has reported an overall improvement in its operating results for the March quarter and record year-to-date production at Hillside Aluminium, in KwaZulu-Natal, and South... 


Copper nears $10 000 as investors bet on rising global demand
Copper nears $10 000 as investors bet on rising global demand
22nd April 2024 By: Bloomberg

Copper edged closer to $10 000 a ton after an April rally fueled by bets that a recovering global economy will lift demand for industrial materials. Metals have posted broad gains in recent weeks,... 


Vladimir Potanin
Nornickel set to build copper plant in China after shutting Russian factory
22nd April 2024 By: Reuters

Metals giant Nornickel will close its copper plant that seeks to cut sulphur dioxide emissions in the Russian Arctic and build a new one in China, CEO Vladimir Potanin said, after Western... 


Mayur secures $155m for PNG lime project
Mayur secures $155m for PNG lime project
22nd April 2024 By: Mariaan Webb

Australia-listed Mayur Resources on Monday announced complete funding for its flagship Central Lime Project (CLP), marking a step towards positioning Papua New Guinea as a major lime exporter in... 


Marula CEO Jason Brewer
UK-based Marula Mining lists on A2X in South Africa
19th April 2024 By: Marleny Arnoldi

UK-based battery metals miner Marula Mining has announced that it will undertake a secondary listing of its shares on South Africa’s A2X Markets exchange, with shares due to become available for... 


A photo of the Alaskan landscape
US restricts drilling and mining in Alaska wilderness, angering state leaders
19th April 2024 By: Reuters

The Biden administration on Friday took steps to limit both oil and gas drilling and mining in Alaska, angering state officials who said the restrictions will cost jobs and make the US reliant on... 


Vizsla, Universal conclude merger
19th April 2024 By: Darren Parker

Canadian mineral exploration and development companies Vizsla Copper and Universal Copper have completed a merger arrangement whereby Vizsla acquired 100% of the issued and outstanding common... 


Sierra Metals' Bolivar mine
Sierra records 36% y/y increase in first-quarter copper production
19th April 2024 By: Darren Parker

For the first quarter of this year, TSX-listed copper producer Sierra Metals has recorded a 36% year-on-year increase in consolidated copper production of 11.2-million pounds from its two... 


Xanadu engages Bacchus Capital as strategic, project funding adviser
19th April 2024 By: Sabrina Jardim

ASX- and TSX-listed exploration company Xanadu Mines has engaged financial consultant Bacchus Capital Advisers as its strategic and project funding adviser in relation to the Kharmagtai copper/gold... 


Codelco's head office
Codelco eyeing more output, not competition with BHP, Chile's mining minister says
19th April 2024 By: Reuters

Chile's State-run copper miner Codelco must focus on boosting its production, but it has a global prestige that would not be tarnished if it cedes its role as Chile's top producer to rival BHP,... 


Aerial view of the Casino project
Casino copper/gold/molybdenum project, Canada – update
19th April 2024 By: Sheila Barradas

Western Copper and Gold Corporation has upsized its bought-deal public offering to fund permitting and engineering work at its Casino project. 


The above image depicts one of the three mini-substations by Trafo Power Solutions which are in an IP54 configuration – ensuring that the units are completely sealed from dust and water that could occur in the copper/zinc mine
Mini-substations, transformers supplied to DRC
19th April 2024

With its experience in Africa and its agility in executing projects rapidly, electrical equipment supplier Trafo Power Solutions is supplying three mini-substations and two transformers to a... 


An image of industrial equipment
Fog fluid product highlighted to prevent corrosion
19th April 2024

Global corrosion protection company Cortec Corporation highlights that its CorroLogic VpCI-339 fogging fluid is fast, effective and convenient in addressing the challenges of void and corrosion in... 


A Large white RD8 drill rig manufactured by Master drilling on site
Driller foresees revenue boost with strong order book
19th April 2024 By: Halima Frost

Boring and drilling services provider Master Drilling is optimistic its revenue for this year will improve on the back of a strong order book, the company reported during its 2023 full-year results... 


Image of the Aktogay mine
Aktogay mine, Kazakhstan
19th April 2024 By: Sheila Barradas

A copper mine in the Abay region of Kazakhstan. 


The transformative impact of automation on LV and MV switchgear
The transformative impact of automation on LV and MV switchgear
19th April 2024

The advent of automation in the electrical industry has revolutionised the functionality and efficiency of low voltage (LV) and medium voltage (MV) switchgear in secondary reticulation.  Automation... 


Location map of the Antler copper project
Antler copper project, US – update
19th April 2024 By: Sheila Barradas

New World Resources has received firm commitments to raise about A$20.4-million to advance its Antler copper project towards development and production. 


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pqt: 3.776s - ct: 3.87s - 470pq - 2rq
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