September 6, 2024

First Quantum to invest $3.5 billion in Taca Taca copper project in Argentina — report

According to Rumbo Minero International, representatives of the Canadian mining company met with Argentine officials.

September 6, 2024

African Rainbow Minerals pivots to chrome and copper after platinum price slump

The basket price of PGMs fell about 40% last year and the slide has continued into 2024.

September 6, 2024

Nexa Resources sells Peru copper asset for up to $29 million

Nexa said the buyer, Canada’s Olympic Precious Metals, will initially pay $4.3 million, with rest subject to milestones being met.

September 6, 2024

Citi says US election risk to contain metals prices for now

Uncertainty around the US presidential election in November will prevent meaningful gains for metals, the bank says.

September 5, 2024

CHART: Codelco’s QB stake may not be enough to stop BHP taking copper crown

Codelco's 10% stake in Teck's Quebrada Blanca copper mine is up against BHP's ambitious Australian expansion plans.

September 5, 2024

Codelco acquires Enami’s 10% stake in Teck’s Quebrada Blanca mine

The deal will contribute 25,000 to 30,000 tonnes of copper to Codelco's annual output.

September 5, 2024

Copper processing charges could fall further next year, says Cochilco

Cochilco said it expects a deficit of 1.9 million tons of concentrates this year, pushing processing charges to $40 per ton this year.

September 5, 2024

Harmony targets first copper from Australia mine by 2028

Harmony acquired the Eva Copper project in Queensland in 2022 to diversify away from gold.

September 4, 2024

ACG completes acquisition of Gediktepe mine in Türkiye

Gediktepe is currently producing gold and silver from oxide ore, but is expected to transition to primary copper and zinc production from 2026.

September 4, 2024

Vale Base Metals begins dismantling structures at Copper Cliff smelter complex in Sudbury

Dismantling of the copperstack and superstack marks the final chapter of the Clean AER project, VBM said.