February 6, 2024

Freeport-McMoRan names Kathleen Quirk as CEO

Quirk will assume full responsibility for executive management of the business effective June 11.

February 6, 2024

Canadian government aims to support First Quantum after mine closure order, minister says

The Panama copper mine accounted for about 40% of First Quantum's revenue and its closure led to a near-halving of the company's market value.

February 6, 2024

Codelco’s 2023 production declines, but recovery seen this year

Production at Codelco's mines is seen ticking up to 1.353 million tons in 2024, CEO Ruben Alvarado told Reuters.

February 6, 2024

Aurubis Q1 profit misses forecast on lower metal prices

The decline was driven by a 16% drop in earnings for the metal recycling segment.

February 6, 2024

French government flags fresh funds for nickel rescue

The government plans to offer fresh subsidies and loans for a New Caledonia nickel plant co-owned by Glencore.

February 6, 2024

Freeport to handle Asian sales from Indonesia

Indonesia is home to the flagship Grasberg copper-gold mine operated by Freeport, as well as the Manyar smelter.

February 6, 2024

Codelco sees Chuquicamata underground mine at capacity by 2030

The miner expects to reach processing capacity of 140,000 metric tons a day by 2030.

February 5, 2024

Adionics’ direct lithium extraction testing at SQM’s Atacama salar shows high recovery rates

Company said its direct lithium extraction technology has reached full industry readiness.

February 5, 2024

Rio Tinto unit faces criminal case in Canada over injured worker

The accident took place on Jan 26, 2023 at the Diavik mine, which is located about 200 km (125 miles) south of the Arctic Circle in the Northwest Territories.

February 5, 2024

Seabridge updates Kerr, Iron Cap inferred resources

An extra 5.9 million oz. of gold, 3.3 billion pound of copper, 55.4 million oz. of silver and 51 million lb. of molybdenum were added.