July 23, 2024

Hearing date set for October in Rio Tinto class action lawsuit over Bougainville mine

Over 4,500 claimants are now seeking compensation over what they say is historical mismanagement of the massive Panguna copper mine in Papua New Guinea.

July 23, 2024

First Quantum launches standstill deal with Chinese shareholder

Jiangxi has also agreed that it will not dispose of its shares under a block deal.

July 23, 2024

Freeport McMoran plans $7.5bn investment to expand Chile copper mine

The miner also said it expects to submit an environmental permit application to expand the El Abra mine by the end of 2025.

July 23, 2024

Imperial Metals extends mineralization at Mount Polley mine

Mineralization was extended over a 895-metre interval grading 0.26% copper and 0.32 g/t gold.

July 23, 2024

Chile’s mining ministry accepts Cochilco head’s resignation

Joaquin Morales will be replaced on an interim basis by the agency's current prosecutor Claudia Rodriguez.

July 23, 2024

Scientists discover ‘dark oxygen’ being produced by seabed metals

Researchers sampled the seabed of the Clarion-Clapperton Zone to assess the possible impacts of deep-sea mining.

July 23, 2024

Lifezone produces first metal from Kabanga nickel project in Tanzania

This milestone marks the first metal production from Kabanga since the deposit’s initial discovery in 1975.

July 23, 2024

Civil society groups file complaint against The Metals Company

Deep-sea miner is said to have misled investors, government officials, and the public through material misrepresentations and omissions.

July 23, 2024

Freeport-McMoran beats second-quarter profit estimates

The company benefited from higher copper prices.

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.