September 29, 2024

Freeport cranks up copper output as rivals scour for deals to grow

Freeport expects to produce 800 million pounds of copper annually as soon as 2027.

September 29, 2024

Major copper discoveries scarce as industry shuns greenfield exploration — report

Only 14 of the 239 major deposits since 1990 were from the past decade, according to S&P Global.

September 27, 2024

Panama eyes export of First Quantum’s stockpiled copper

Shuttered Cobre Panama mine had accounted for about 1.5% of global copper production and about 4% of Panama’s gross domestic product.

September 27, 2024

Darwin Financial reaches $55m deal to revitalize historic California critical minerals mine

The Darwin project aims to revitalize a historically significant mining operation with over $749 million previously invested in existing infrastructure.

September 27, 2024

Mercuria blazes trail for energy traders eyeing a metals bonanza

As of Sept. 25, Mercuria was advertising four metals-related jobs on LinkedIn.

September 27, 2024

Vale considers listing base metals business in late 2026

Speaking at the FT Mining Summit, chairman Mark Cutifani said Vale Base Metals could be valued at $40 billion.

September 27, 2024

Filo shareholders approve acquisition by BHP, Lundin

BHP and Lundin would acquire Filo and its flagship copper asset for total consideration of approximately C$4.1 billion.

September 27, 2024

Mining industry struggles with valuation gap amid shift to copper

Big diversified miners are watching rival copper producers gradually grow beyond their reach.

September 27, 2024

LME Week: Global metal industry flocks to London for annual shindig

Metal consumers, producers and traders from around the world are arriving in London for the annual industry gathering.

September 26, 2024

Adani’s billion-dollar copper play slows amid mining shortfall

Adani Enterprises is likely to start processing the first copper concentrates or ore at its plant in the western Indian state of Gujarat in November.