December 4, 2024

Sierra Metals’ Yauricocha mine in Peru reaches full production 

The underground copper-gold-silver mine now processes 3,600 tonnes of ore per day, a 30% increase from December 2023.

December 4, 2024

Rio Tinto unveils lithium resource at Rincon project

It would produce 53,000 tonnes of battery-grade lithium carbonate annually over a 40-year mine life, with plans to expand to 60,000 tpy.

December 3, 2024

Rio Tinto sells copper mine stake to Sumitomo for $399 million

Sumitomo is slated to acquire a 30% equity share of the Winu project in Australia.

December 3, 2024

Biden to announce millions in African Lobito corridor funding

Biden is expected to announce an additional $600 million in financing during his trip to Angola.

December 3, 2024

Portugal plans to hold delayed lithium tender in 2025

The international tender for lithium prospecting will target six areas in the north and center of the country.

December 3, 2024

Trump tariffs could reshape global copper landscape

Canadian and Mexican exports unlikely to be cost-competitive and US would look elsewhere for 16% of its refined copper imports and 48% of semi-finished copper products.

December 3, 2024

Foran advances McIlvenna Bay copper-zinc mine toward 2025 production

McIlvenna Bay is the largest undeveloped volcanogenic-hosted massive sulphide deposit in the region.

December 3, 2024

Vale Base Metals completes Voisey’s Bay underground mine in Labrador

What began life as open pit in 2005 is now two underground mines – Reid Brook and Eastern Deeps.

December 3, 2024

Steel industry will take more time to decarbonize, says Vale CEO

The miner reported an output of about 328 million tonnes this year.

December 3, 2024

McEwen’s Los Azules copper project gets key environmental approval

The company anticipates construction to begin as early as 2026.