November 24, 2022

BHP sees 2-3 years of elevated costs, near-term copper oversupply

Surplus will have evaporated by the end of the decade, BHP's Chief Development Officer Johan van Jaarsveld said.

November 24, 2022

Codelco sees copper deficit at 8 million tonnes by 2032

While a surplus is expected in the short term due to new projects coming online, medium to long-term demand will offset supply further.

November 23, 2022

Australia to beef up laws to safeguard Aboriginal heritage

Australia will set out a new national legal framework to protect Aboriginal cultural heritage, after a review of mining standards following Rio Tinto's destruction of sacred rock shelters for an…

November 23, 2022

Chile miners say trucker strike a threat to supplies

In a statement on Wednesday, the truckers said the action would continue indefinitely.

November 23, 2022

Codelco to cut copper sales to China next year

The Chilean mining giant will reduce shipments to customers under annual contracts for 2023 by around 10%, in line with the decline in its refined metal production.

November 23, 2022

Barrick faces new lawsuit for alleged rights abuses in Tanzania

It is the first time the Canadian gold giant has faced legal action in its home country for alleged abuses abroad, but it has faced prior allegations in the UK.

November 23, 2022

Anglo American to meet almost half Los Bronces water needs from desalination plant

Anglo American will use 500 litres per second of desalinated water to cover 45% of Los Bronces needs in a first phase.

November 23, 2022

Fortescue’s green energy group CFO to step down for health reasons

Felicity Gooding, who joined FFI earlier this year as its global head of commercial, will be appointed as acting CFO.

November 23, 2022

Glencore, Metals Acquisition amend CSA copper mine sale deal

Glencore will still receive $1.1bn for the copper mine in Australia, but the companies have changed payment terms.

November 22, 2022

Barrick Gold, Endeavour Mining complete Mankono project sale in Côte d’Ivoire

The Mankono Sissédougou project, bought by Montage Gold, is contiguous to its own Koné gold project.