July 4, 2024

Gold, copper equities to rise, metals flat: analysts

Investors are moving into gold equities from bullion, and the gold price may increase while central banks increase purchases as the US election approaches, BMO analysts said.

July 4, 2024

LME volumes hit 10-year high in second quarter, led by nickel

Nickel volumes have rebounded this year after languishing since a March 2022 price spike that caused the LME to suspend trading.

July 4, 2024

BHP cuts employee incentives by 20% globally — report

The world's largest listed miner is reportedly paying only 80% of short-term incentives offered in 2023-24, as it missed performance goals.

July 3, 2024

Vale picks mining veteran Usmar to lead base metals turnaround

The board of the Rio de Janeiro-based miner reportedly chose Shaun Usmar to head Vale Base Metals.

July 3, 2024

Royal Road’s Saudi JV wins bid for copper-gold exploration licences

The company has committed $3.9 million in exploration activities for the first two years.

July 3, 2024

Antofagasta outlines progress on $4.4bn Centinela expansion

The second concentrator will add 144,000 tonnes of copper a year to the company’s overall production, extending the mine's life 30 more years. 

July 3, 2024

UAE’S IHC unit withdraws offer for Vedanta’s Zambian copper mines over price

International Resources Holding had wanted a majority stake in Konkola Copper Mines to consolidate its position in Zambia after buying a 51% stake in Mopani.

July 3, 2024

Codelco sees copper output ticking up in second half of year

Codelco's output continued to decline year-on-year in the first half of 2024 but should tick up in the second half of this year.

July 3, 2024

Freeport Indonesia secures copper concentrate export permit

PT Freeport Indonesia has secured an export permit for copper concentrate for the rest of year.

July 3, 2024

BHP requests permit in Chile for trolley system at Escondida mine

The project includes the installation of a trolley system to assist the transit of mining trucks in areas with high fuel consumption.