December 10, 2024

Copper output from Codelco flat in October, BHP’s Escondida rises

Codelco, the world's largest copper producer that is struggling to boost declining output, posted total production of 127,900 metric tons.

December 10, 2024

Barrick chair says he ‘never’ planned to use Hannam for Randgold merger

Dealmaker is suing Randgold for up to $18 million over Barrick merger work.

December 10, 2024

Nornickel says sees global nickel surplus of 150,000t in 2024-2025

The company said it expects the palladium market to reach balance in 2025.

December 10, 2024

Polyus says sanctions will double cost of Siberian gold deposit

The cost of developing Sukhoi Log in Siberia has nearly doubled to $6 billion due to Western sanctions.

December 9, 2024

Anglo American’s El Soldado mine faces charges for environmental breaches in Chile

Anglo subsidiary faces possible revocation of its environmental permit, closure or a fine of over $12 million if it does not address the issues.

December 9, 2024

ABB to deliver world’s largest production capacity mine hoist to BHP’s Jansen project

The Jansen project aims to become the largest potash mine in the world.

December 9, 2024

Newmont cuts management jobs in major corporate restructuring

The world’s top gold mining company initiated plans to dismiss one executive and at least 10 senior managers, Bloomberg sources said.

December 9, 2024

Freeport’s copper concentrate exports will only temporarily ease global shortages

A fire at PT Freeport Indonesia's Manyar smelter halted operations in October.

December 6, 2024

SSR to be 3rd-biggest US gold miner with Cripple Creek & Victor acquisition

The miner announced the acquisition of CC&V in Colorado from Newmont on Friday.

December 6, 2024

Friend to foe: Mali wants to arrest CEO who made it billions

In Mali and beyond, Bristow has established a reputation for thriving in African jurisdictions considered overly risky by many rivals.