February 8, 2023

Sumitomo Metal raises FY profit forecast on higher prices

Company increased its forecasts for full-year net profit and dividend thanks to stronger-than-expected prices of nickel, copper and gold.

February 8, 2023

Glencore reopens Peru copper mine with extra security

Antapaccay, one of Peru's largest mines, remained shut for 11 days on security concerns following violent attacks by locals.

February 7, 2023

Fortescue inks deal for Gabon iron ore mine; project to start mid 2023

Fortescue has been assessing the Belinga iron ore project since 2018.

February 7, 2023

Miners face too many woes in emerging markets, Alamos CEO says

Panama’s tax dispute with First Quantum underscores increasing political risks mining companies face in some regions, CEO John McCluskey says.

February 7, 2023

Anglo CEO warns extreme weather threatens global mine supplies

The mining industry has been struggling to hit production targets, hurt by everything from floods and droughts to creaking infrastructure and political instability.

February 7, 2023

ERG to spend $1.8 billion doubling African copper, cobalt output

Currently, the company produces 200,000 tonnes of copper and 25,000 tonnes of cobalt annually at the mines across the central African copper belt.

February 7, 2023

Centerra says Öksüt mine continuing as normal after Turkey-Syria earthquake

Located in the Kayseri province of south-central Türkiye, the Öksüt mine represents Centerra’s third operating mine.

February 7, 2023

Brazil okays BHP’s $6.6 billion acquisition of OZ Minerals

The deal still requires the approval of Australia’s regulatory bodies and the copper-gold miner shareholders, who are set to vote in April.

February 7, 2023

South Africa hit by investment strike, key mining employer says

More than 200 days of power cuts last year and blackouts every day so far in 2023 have dented confidence.

February 6, 2023

Mammoth gold miner in the making after Newmont’s $17bn bid for Newcrest

The deal would be one of the biggest in Australian history, though initial feedback suggests that Newmont will have to improve its bid to succeed.