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.

January 4, 2024

Heat-buckle at railway line led to Fortescue’s train derailment

The firm had on Wednesday said that multiple iron ore cars derailed at its Western Australia operations.

January 4, 2024

Workers at First Quantum’s shuttered Panama mine warn of threat to ‘invade’ site

The miners' union expressed concern about the construction workers' plans to force their way into the mine on Jan. 9.

January 4, 2024

Gold Fields reports employee death in accident at South Deep mine

Operations at the mine have been suspended.

January 3, 2024

Nutrien fined for workplace injury at Saskatchewan site

On September 20, 2021, a worker stepped into an uncovered floor opening at the company's facility near Rocanville.