January 20, 2025

Glencore open to deals as investors brace for more mining M&A

Potential M&As were the main interest for investors in the sector in 2024, but BHP’s failed bid for Anglo cooled deals down.

January 20, 2025

LME approves warehousing in Hong Kong, a gateway for metals to China

Hong Kong warehouses will be able to store all six of the main metals traded on the exchange.

January 20, 2025

Barrick’s Reko Diq project to generate $74 billion over 37 years

The copper and gold mine, co-owned by Barrick, Pakistan and the province of Balochistan, is expected to begin production by 2029.

January 19, 2025

Fleet Space, Ma’aden partner to accelerate critical minerals discovery in Saudi Arabia

The agreement will help provide the latest breakthroughs in space, multi-physics, and AI drill targeting services to accelerate discovery.

January 17, 2025

Rio Tinto and Glencore spoke for months about deal that was once taboo

The news of Glencore and Rio’s discussions “has turned up the temperature on an already simmering M&A environment,” RBC Capital Markets analyst says.

January 17, 2025

Gunnison Copper, Rio’s Nuton get $13.9m tax credit to expand production in Arizona

The Johnson Camp mine is under construction, with first copper production expected in mid-2025.

January 17, 2025

First Quantum cuts guidance on Zambia sequencing

The company now expects production of 380,000–440,000 tonnes copper this year, down from earlier estimates of 400,000–450,000 tonnes.

January 17, 2025

Zambia looks to UAE and Saudi Arabia to back copper expansion

The African nation aims to increase copper output to a record above 1 million tons this year.

January 17, 2025

GoGold eyes permit for Los Ricos South underground in March

The feasibility study includes a re-engineered 2,000-tonne-per-day underground mine plan.

January 17, 2025

Copper in longest winning streak since 2017 on China demand hopes

Copper was poised for a second weekly advance after data showed China’s GDP in 2024 expanded 5%.