December 1, 2023

Shares of Anglo American and Antofagasta rally after UBS upgrade

Anglo American shares surged 7.8% in London after UBS upgraded its rating from neutral to buy.

December 1, 2023

Congo’s Gecamines to push for copper, cobalt trading share

Congo's State mining group said it will push to secure the rights to buy copper and cobalt at mines it has holdings in.

December 1, 2023

Zambia selects UAE’s IHC unit as new partner in Mopani Copper Mines

The new investor is also expected to "reset" Mopani's existing relationship with Glencore, ZCCM said.

December 1, 2023

Copper miners, Chinese smelters agree on first drop in fees in 3 years

Miners on Friday reached agreements with Chinese smelters for a lower copper concentrate treatment and refining charges for 2024.

December 1, 2023

First Quantum takes Panama to international court

It is also suspending its 2023 production guidance for Cobre Panama mine, which accounts for about 1.5% of the world’s copper production.

November 30, 2023

Codelco’s chief commercial officer resigns

Carlos Alvarado will be replaced by Cristobal Fuenzalida a current marketing manager at Codelco.

November 30, 2023

Panama mine shutdown threatens copper’s surplus

The expectation for a looser market in the near term has been reflected in copper prices.

November 30, 2023

First Quantum risks covenant breach, cost cuts if Panama shuts copper mine

The company is facing an estimated $625 million in debt maturities next year and another $1.8 billion in 2025.

November 29, 2023

Panama copper miners take to the streets in backlash to shutdown

“This is a source of income for more than 40,000 households, and we don’t have a response as to what is going to happen to us,” union leader Michael Camacho…

November 29, 2023

Arca Climate Technologies launches pilot project with BHP to capture CO2 from mine waste

Arca is one of the first companies commercializing mineralization for the capture and storage of atmospheric CO2 that is supported by scientific research.