January 5, 2024

First Quantum said to be in talks with Jiangxi over Zambian mines

The rumoured negotiations could see Jiangxi buying one of the two mines First Quantum has in Zambia, or a stake in one of them.

January 5, 2024

Nippon Steel confident of completing US Steel acquisition

The planned $14.9 billion deal has drawn criticism from Democratic and Republican lawmakers.

January 5, 2024

Endeavour Mining plunges after firing CEO for serious misconduct

The miner removed de Montessus after discovering an alleged “irregular payment instruction” of $5.9 million related to an asset sale.

January 5, 2024

Freeport Indonesia requests export ban exemption beyond May 2024

The company's smelter will not reach full capacity before December.

January 4, 2024

Buenaventura sees Antofagasta as ally in copper growth plans

While the Lima-based company is known mainly for its precious metal mines, it also owns 20% of the giant Cerro Verde copper mine operated by Freeport-McMoRan.

January 4, 2024

Maaden sees Aramco fuel price hike hitting earnings

“The expected financial impact will be an increase of approximately 3.2% of the total annual cost of sales,” Maaden said in a filing.

January 4, 2024

Endeavour Mining says it fired CEO for ‘serious misconduct’

The removal of Sébastien de Montessus follows an investigation by the board into an irregular payment instruction of $5.9 million issued by him.

January 4, 2024

CMOC takes Glencore’s cobalt crown as output jumps 170%

Hong Kong-listed CMOC produced 55,526 tons of cobalt in 2023, it said in a filing.

January 4, 2024

Barrick, Antofagasta to spend $95m exploring for copper in Chile

Through the newly formed Minera El Encierro, the companies will carry out exploration for five years in a property comprising 35 concessions.

January 4, 2024

Teck ditches coal, flags lower copper output in Chile

Japan’s Nippon Steel and South Korea's Posco now own Teck's prior minority stake in Elk Valley Resources, the steelmaking coal business.