March 5, 2024

LME does not plan to launch green nickel contract

Iron ore magnate Andrew Forrest said recently the LME should classify its nickel contracts into "clean" and "dirty" to give customers more choice.

March 4, 2024

Indonesia and China killed the nickel market

Cheap Indonesian nickel, controlled by China and dumped on the market, has collapsed nickel prices and forced global mine closures.

March 4, 2024

First Quantum touts interest in its Zambia copper operations

The company has been under pressure to strengthen its balance sheet and raise cash after its flagship copper mine in Panama was shuttered.

March 4, 2024

Canada and Australia boost collaboration on critical minerals

The countries have agreed to promote shared priorities related to the extraction, processing and refining of critical minerals.

March 4, 2024

London gold price benchmark hits all-time high, LBMA says

London's gold price benchmark hit an all-time high of $2,098.05/oz on Monday, surpassing the previous record set on Dec. 28.

March 4, 2024

Panama GDP growth expected to slow in 2024 on First Quantum mine closure, IMF says

The closure of the Cobre Panama mine entails the permanent loss of approximately 0.6% of GDP in fiscal revenues and 7.5% of exports of goods and services.

March 4, 2024

AI, 5.5G networks to take mines to new “smart” level

The sector has embarked on a quest to transform operations by integrating connectivity, automation and artificial intelligence.

March 3, 2024

World-beating mining stock turns big loser thanks to China slump

Iron ore behemoth Fortescue is tipped for the greatest earnings slowdown over the next year compared with peers.

March 1, 2024

US court approves land swap for Rio’s Arizona copper mine

Court upheld a previous ruling and rejecting a request from Native Americans who said the land has religious and cultural import.

March 1, 2024

Insight: Inside a copper output plunge at No. 1 global producer Codelco

Codelco "has had some significant strategic errors," especially attempting simultaneous projects, according to one consultant.