July 8, 2024

Zijin Mining expects first-half profit leap on higher gold and copper output

First-half net profit could reach up to $2.13 billion, up 50% year on year, the company said.

July 8, 2024

Silvercorp acquisition of Adventus hits roadblock

Silvercorp sees potential cancellation of the environmental permit for Adventus' El Domo project as an unmet condition for closing the deal.

July 6, 2024

Canada puts its big miners off limits just as M&A is heating up

Foreign takeovers of mining companies have been a touchy topic ever since a wave of deals 18 years ago took out some of the country’s biggest players.

July 5, 2024

Canada’s move to protect mining sector shields takeover targets

Teck Resources spent much of last year fending off Glencore’s $23 billion takeover attempt before the Swiss company opted instead to just buy the company’s steelmaking coal business.

July 5, 2024

Vedanta says it has arranged $250 million to settle Zambian copper mine debts

Vedanta will still need to raise an additional $1 billion revive the mining operations at KCM.

July 5, 2024

Panic short-covering ignites Comex copper as shipments fail to arrive

August futures on Comex on Friday climbed to a five-week high of $4.6965 a pound or $10,354 a metric ton.

July 5, 2024

Copper price surpasses $10,000, expected to rise further, says Citigroup

Longer term, the metal has a chance to reach $12,000 due to the onset of rate cuts.

July 5, 2024

Amman Mineral seeks up to $1.5 billion loan for mine expansion

The company currently owns Indonesia's second-largest copper and gold mine.

July 5, 2024

Key China copper premium climbs above zero as orders pick up

Copper’s surge to a record on wave of speculative money has run out of steam in recent months.

July 4, 2024

Canada sets high bar for approving large M&A deals in critical minerals

Some of the country's largest mining companies are copper producers, which means any foreign investment involving those miners would face intense scrutiny.