August 8, 2022 Sumitomo hikes Chile copper project cost estimate by 60% The 60% increase comes as the covid-19 pandemic has delayed construction at the Quebrada Blanca phase 2 project.
August 8, 2022 Oz Minerals rebuffs $5.8 billion takeover bid from BHP The Australian miner said BHP's unsolicited offer did not appreciate the growth potential of its copper and nickel assets.
August 7, 2022 Chilean authorities suspend Alcaparrosa’s operations due to giant sinkhole Sernageomin said the decision to temporarily suspend Alcaparrosa’s operations was made in response to the safety concerns of the nearby Tierra Amarilla community.
August 5, 2022 Europe’s top copper producer looks to cut gas usage in Germany The Hamburg-based company is looking to switch to alternatives like fuel oil, but is bracing for a potential restriction in gas supply.
August 5, 2022 Aurubis retains annual outlook as quarterly profit surges 24% The German industry faces an uncertain winter as Russia is cutting its massive gas deliveries to Germany.
August 5, 2022 Nutrien says potash will remain tight even as Russia ships more Nutrien has said it will ramp up potash production capability to 18 million tons by 2025, a 40% increase compared to 2020.
August 5, 2022 Rio Tinto not concerned about Chinese ore-buying company China is exposed to international iron ore prices as it must import nearly 80% of its annual consumption.
August 5, 2022 One of mining’s top female leaders vows change after abuse shame “The process of publicly airing these matters has built trust and accelerated the momentum for change,” said Kellie Parker, Rio Tinto's chief executive for Australia.
August 5, 2022 AngloGold Ashanti CEO sees inflation pressure easing next year Alberto Calderon estimated that 40% of the cost increase in the first half of this year was attributable to diesel prices.
August 5, 2022 Turquoise Hill flags $200 million cost increase at Oyu Tolgoi The miner, which had $500 million in cash at the end of June, said the impact of additional delays will be known before the end of September.
Copper poised for best year since 2009 after December surge All six base metals on the LME are headed for annual gains in a year that’s seen an array of supply-side pressures. December 24, 2025 | 10:11 am