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Glencore acts to profit from LME post-sanction rule change
Glencore acts to profit from LME post-sanction rule change
17th April 2024 By: Reuters

Mining and trading house Glencore aims to take thousands of metric tons of Russian aluminium from the London Metal Exchange (LME) and return it at a later date to profit from rule changes, three... 


A copper smelter in Zambia
Zambia copper mines hit by State utility’s warning of power cuts
17th April 2024 By: Bloomberg

Zambia’s State power utility has served notices of force majeure on supply of electricity to some mines, according to an industry association, threatening additional pressure on a copper market... 


Orion MD and CEO Errol Smart
Orion makes advances in acquiring control of Okiep copper project
17th April 2024 By: Marleny Arnoldi

Australia-headquartered Orion Minerals has made progress with acquiring a controlling interest in the Okiep copper project, in South Africa’s Northern Cape province. Orion and other relevant... 


Western Copper upsizes offering to $40m
17th April 2024 By: Mariaan Webb

Project developer Western Copper and Gold has upsized its bought-deal public offering to fund permitting and engineering work at its Casino project, in Yukon, to $40-million. The TSX- and NYSE... 


Rio Tinto CEO Jacob Stausholm says the group delivered stable operating results in the first quarter.
Rio Tinto reports dip in first-quarter iron-ore shipments
17th April 2024 By: Mariaan Webb

Diversified mining group Rio Tinto has reported lower first-quarter iron-ore shipments of 78-million tonnes, amounting to a 5% year-on-year decline. The company attributed the dip to weather... 


Jeremy Weir
Trafigura CEO says copper must surpass $10 000/t to meet demand
17th April 2024 By: Bloomberg

In order to fill a potential supply gap of eight-million tons by 2034, mining companies need prices that are higher than $10 000/t and possibly as high as $12 000/t, says Trafigura Group CEO Jeremy... 


US to reject access road to northern Alaska mining district, Politico reports
17th April 2024 By: Reuters

The Biden administration is set to reject the construction of an access road to the Ambler mining district in northern Alaska, Politico reported on Tuesday, citing two people with knowledge on the... 


Head of Rio Tinto copper, Bold Baatar
Rio Tinto aims to keep Resolution's copper in US, executive says
17th April 2024 By: Reuters

Rio Tinto aims to keep all of the copper from its Resolution mine inside the United States should the long-delayed and controversial project win regulatory approval, a senior executive said on... 


First-quarter production was buoyed by Vale's S11D mine, in Para state.
Vale's iron-ore output up 6% in first quarter, sales jump
17th April 2024 By: Reuters

Brazilian miner Vale on Tuesday reported growth of 6.1% in its first-quarter iron-ore production from a year earlier, driven by improved output from a key project in northern Brazil, while sales in... 


The Oyu Tolgoi copper mine in Mongolia
Rio Tinto copper boss says building mines is better than buying
17th April 2024 By: Bloomberg

Rio Tinto Group’s copper head says he sees much more value in building mines rather than buying existing assets — comments that may disappoint industry observers anticipating another spate of... 


Copper's February performance was due in part to a 219.4% production boost from Glencore's Antapaccay mine.
Peru copper production growth near 13% in February
17th April 2024 By: Reuters

Peru's copper production grew 12.7% in February to reach 216 752 metric tons, the country's energy and mining ministry said on Tuesday. Peru is one of the world's top producers of copper, and... 


Codelco CEO vows to pursue community buy-in over lithium expansion
17th April 2024 By: Reuters

Chile's State-run miner Codelco has made progress in negotiating with local communities over lithium mining and will keep working to win their support, CEO Ruben Alvarado said on Tuesday, a day... 


Brazil court again suspends Vale's Sossego copper mine licence
17th April 2024 By: Reuters

A local court in Brazil has again suspended the operating license for Vale's Brazilian Sossego copper mine, the company and the country's Para state said. The state won an appeal overturning a... 


Native American group seeks to overturn US court ruling on Rio's Arizona copper mine
Native American group seeks to overturn US court ruling on Rio's Arizona copper mine
16th April 2024 By: Reuters

A Native American group has asked all members of a US appeals court on Monday to overturn an earlier ruling that granted land to Rio Tinto for a copper mine in Arizona, saying the land was sacred... 


Philip Pascall was a savvy and charismatic leader
How a $10bn mine became a cautionary tale for the energy transition
16th April 2024 By: Bloomberg

When the group of mining executives arrived at Panama’s regal Palacio de las Garzas, they were ushered past the ornate, wood-paneled ceremonial rooms and straight to the private office of the... 


The Pueblo Viejo plant
Barrick reports lower Q1 gold and copper output
16th April 2024 By: Creamer Media Reporter

Canada-headquartered Barrick Gold has announced its preliminary figures for the first quarter of 2024, reporting gold output of 940 000 oz and copper output of 40 000 t. Gold production fell by... 


Drilling confirms proof of concept at African Pioneer, FQM’s Zambia JV
16th April 2024 By: Tasneem Bulbulia

Exploration and development company African Pioneer has provided an update on exploration conducted and funded by First Quantum Minerals (FQM) during the six-month period to December 31 over... 


Manganese conveyor
Marula awarded trading licence for manganese mined in Kenya
16th April 2024 By: Marleny Arnoldi

Battery metals miner Marula Mining’s Kenyan representative company has been awarded a mineral dealer’s trading licence, granting it the right to buy, sell and export manganese ores. Marula... 


Rio Tinto chairperson Dominic Barton
Global mining investment too low to support energy transition, Rio Tinto chairman says
16th April 2024 By: Reuters

Low rates of investment in the global mining sector have put the global energy transition at risk, widening the supply gap in critical minerals like copper, Rio Tinto chairman Dominic Barton said... 


New World raises cash for Arizona copper project
New World raises cash for Arizona copper project
16th April 2024 By: Mariaan Webb

Australia-listed New World Resources has received firm commitments to raise about A$20.4-million to advance its Antler copper project, in Arizona, US, towards development and production. The... 


Former Xstrata Copper exec joins Sunstone board
16th April 2024 By: Creamer Media Reporter

ASX-listed Sunstone Metals has announced the appointment of former Xstrata Copper executive Neal O’Connor as nonexecutive director. The appointment follows the recent appointment of Patrick Duffy... 


Indigenous communities suspend dialogue with SQM, Codelco over lithium
16th April 2024 By: Reuters

The four largest indigenous communities in Chile's Atacama salt flat suspended dialogue with state-run copper giant Codelco and lithium miner SQM over expanding lithium mining in the flat, the... 


Codelco aims to land partner for Maricunga lithium by next year
Codelco aims to land partner for Maricunga lithium by next year
16th April 2024 By: Reuters

Chile's State-run miner Codelco plans to select a partner for a future lithium project in one of the country's top salt flats, Maricunga, in the first quarter next year, Chairman Maximo Pacheco... 


The Didipio mine
OceanaGold’s Philippine unit prepares for IPO
15th April 2024 By: Creamer Media Reporter

Vancouver-based OceanaGold has obtained regulatory approvals for an initial public offering (IPO), which will involve 20% of the outstanding shares of its Philippines subsidiary. The Phillippine... 


Copper
Association unpacks likely copper demand trends driving growth up to 2040
15th April 2024 By: Marleny Arnoldi

Research commissioned by the International Copper Association (ICA) has found that copper’s future market share will be defined by regional trends and the green energy transition. The research,... 


Copper output at Chile's Codelco set to rise this year, CESCO says
15th April 2024 By: Reuters

Chile's state-run copper miner Codelco is poised to improve production this year and begin to climb from its lowest dip in a quarter century, the head of Chilean copper studies center CESCO said... 


Hot Chili prepares to create new water company
15th April 2024 By: Creamer Media Reporter

ASX- and TSX-V-listed Hot Chili has submitted a second maritime concession application to facilitate a potential multi-user water network for the Huasco Valley area of the southern Atacama region... 


Rusal says new Western sanctions won't hurt its aluminium supply
Rusal says new Western sanctions won't hurt its aluminium supply
15th April 2024 By: Reuters

Russian aluminium giant Rusal said on Monday that new sanctions on Russian metals introduced by the United States and Britain will have no impact on its ability to supply aluminium to world... 


The new restrictions are at curbing President Vladimir Putin’s ability to fund his military
Metals spike on LME after Russian supply hit by US, UK sanctions
15th April 2024 By: Bloomberg

Aluminum and nickel surged on the London Metal Exchange as traders responded to new US and UK sanctions that banned deliveries of any Russian supplies produced after midnight on Friday. The new... 


France wants to revive copper mining and speed up green projects
15th April 2024 By: Bloomberg

France plans measures to revive copper mining and speed up lithium and geothermal energy projects to help reduce dependency on imports and hit climate targets. European countries are trying to... 


Workers protest outside the shuttered Cobre Panama mine
Panama’s $10bn mine closure casts a shadow over election and bonds
15th April 2024 By: Bloomberg

Six months after violent protests rocked Panama, the country’s politicians are on edge and foreign investors are staying away. The demonstrations, which started among local unions and university... 


Copper’s run continues with surge to highest since June 2022
Copper’s run continues with surge to highest since June 2022
12th April 2024 By: Bloomberg

Copper continued its upwards charge, hitting the highest level in 22 months, as investors bet that curtailed mine supply will struggle to keep up with resurgent global demand. Copper has found... 


Palabora copper mine
Unisa, Palabora sign MoU to facilitate strategic collaboration
12th April 2024 By: Darren Parker

A memorandum of understanding (MoU) has been signed between the University of South Africa’s (Unisa’s) College of Science, Engineering and Technology (CSET) and copper mining company Palabora... 


The Bristol Bay watershed in southwestern Alaska supports the world’s largest sockeye salmon fishery.
Alaska sues EPA over Pebble copper and gold mine prohibitions
12th April 2024 By: Reuters

Alaska sued the US Environmental Protection Agency on Thursday seeking to overturn an agency decision that it said effectively blocked development of one of the world’s largest copper and gold... 


The Escondida mine in Chile
Chile's copper output up 9.8% in February, Codelco production dips - Cochilco
12th April 2024 By: Reuters

Copper production in Chile rose 9.8% on an annual basis to 417 000 t in February even as state-run Codelco's output dipped, the country's copper commission Cochilco said on Thursday. Despite the... 


KAHAMA REFINERY LICENCE
Lifezone CEO Chris Showalter receives the Kahama refinery licence with a handshake from Tanzania Minerals Minister Anthony Mavunde
Nickel, copper, cobalt refinery receives licence
12th April 2024

Modern metals company Lifezone Metals has received a multi-metal processing facility licence from the Tanzanian government to refine nickel, copper and cobalt from its Kabanga nickel project at... 


Cyanide-modest gold recovery with new tech
12th April 2024

Sustainable technologies solutions provider Draslovka has progressed an existing partnership with copper and gold miner Barrick Gold Corporation with the start of commercial use of its glycine... 


Aerial view of the Phase 3 concentrator
Kamoa-Kakula Copper Complex, Democratic Republic of Congo – update
12th April 2024 By: Sheila Barradas

Ore from the Kamoa 1 mine is being stockpiled on surface. 


CEO of commodity trader Trafigura starts handover to successor
11th April 2024 By: Reuters

Jeremy Weir, longtime chief executive at commodities trader Trafigura, is priming successor Richard Holtum to take over when he decides to step back into a chairman role, five sources familiar... 


Sibanye's Beatrix mine
Unions call for heads to roll over Sibanye's plans to cut more jobs in South Africa
11th April 2024 By: Creamer Media Reporter

Labour unions Solidarity and the National Union of Mineworkers (NUM) have called for mining and metals processing multinational Sibanye-Stillwater's management to step down after launching a third... 


The Two Rivers PGM mine
PGM miners overcoming challenges to build new mines
11th April 2024 By: Schalk Burger

South African platinum group metal (PGM) miners are overcoming challenges and building new mines locally, albeit in phases, to derisk some of these promising tier-one projects. PGM mining industry... 


Reshaping the mining landscape:  Future transformations and global energy impact
Reshaping the mining landscape: Future transformations and global energy impact
11th April 2024

Accounting and advisory firm BDO’s 2024 Mining Report, which has just been published, offers a deep dive into the latest trends, challenges and opportunities in the UK and global mining sectors.... 


Tianqi takes another shot at probing SQM-Codelco lithium deal
11th April 2024 By: Bloomberg

Chile’s SQM called another investors meeting at the request of its second-largest shareholder, Tianqi Lithium, which seeks greater clarity over a proposed deal with copper giant Codelco. The board... 


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pqt: 4.686s - ct: 4.775s - 468pq - 2rq
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