July 23, 2024

Codelco obtains $532 million in climate financing

The funds will be used to finance its decarbonization plan, under which it aims to decarbonize 100% of its energy matrix by 2030.

July 23, 2024

Vale Base Metals appoints mining veteran Shaun Usmar as CEO

Usmar has more than 30 years of industry experience, with his latest role being founder and CEO of Triple Flag Precious Metals.

July 22, 2024

US Senators release energy permitting reform bill 

Energy Permitting Reform Act of 2024 could speed up approvals of clean-energy, pipeline and electricity transmission projects.

July 22, 2024

US says billionaire Gertler’s royalties must go to Congo for sanctions deal

A senior White House adviser said lifting that punishment is necessary to open up the assets to new investments that support US interests.

July 22, 2024

Vale to open new copper-nickel mine in Ontario

The Stobie pit is the first phase of Vale's C$945 million plans to revitalize the copper complex in Sudbury.

July 22, 2024

Copper prices, output drive Grupo Mexico profit jump

Copper production during the quarter totaled 270,747 metric tons, up 4.7% from a year earlier.

July 22, 2024

Anglo American shrinks trading unit as part of major restructuring

The miner also announced internally that it will no longer enter into long-term deals to buy commodities that it doesn’t already produce.

July 22, 2024

China’s refined copper exports double to record on surplus

Shipments more than doubled to 157,751 tons in June from May, well above the previous all-time high of 102,000 tons in 2012.

July 22, 2024

Ero Copper and Vale close agreement on Brazil’s Furnas project

The iron oxide-copper-gold project is located near Vale's Salobo operations and Ero’s Tucumã project.

July 22, 2024

Solaris estimates in-pit resource for Warintza project

The resource totalled 909 million tonnes grading 0.53% copper equivalent in the measured and indicated categories.