December 6, 2022

Glencore says this time is different for coming copper shortage

Glencore shares fell as much as 3.5% on Tuesday after 2023 production guidance across all the commodities missed consensus estimates.

December 5, 2022

Environmental and human rights assessment of Rio Tinto’s former Panguna copper mine begins 

The Panguna mine was operated by BCL, majority-owned by Rio Tinto, for 17 years from 1972 until 1989, when operations were suspended due to an uprising.

December 5, 2022

BHP says Vale must share damage costs in Fundao dam collapse lawsuit

Although Samarco, a joint venture between BHP and Vale, operated the dam, the class action involving around 200,000 people does not name Vale.

December 5, 2022

Fortuna Silver grows Sunbird resource at Séguéla gold project in Côte d’Ivoire

The new resource estimation is in addition to Séguéla’s current mineral reserves of 12.1 milllion tonnes averaging 2.80 g/t gold containing 1.09 million ounces.

December 5, 2022

Glencore’s new-mine taboo may finally end with Argentina copper

Activity has recently increased at Glencore’s El Pachon copper deposit.

December 5, 2022

Grupo Mexico in advanced talks for Citigroup’s Banamex unit

The mining giant is in advanced talks to acquire Citigroup's Mexican retail bank, Bloomberg News reported.

December 5, 2022

Glencore pays $180 million to Congo to settle corruption claims

Deal is the latest payment in a series of graft cases Glencore has faced and covers all alleged corruption activities between 2007 and 2018.

December 5, 2022

Papua New Guinea PM Marape presses mining, energy giants to advance projects

PNG wants progress on undeveloped projects as it sees opportunities to boost resource sales to Asia.

December 2, 2022

Rio Tinto completes Kemano power station work for British Columbia aluminum smelter

Second tunnel completed 27 years after work was halted on the project by the NDP government.

December 2, 2022

Chile copper production up 1.4% in October – Cochilco

Production from state-owned giant Codelco fell 5.8% on a yearly basis to 135,800 tonnes.