June 27, 2024

Panama’s short-term economic outlook uncertain after mine closure, IMF says

Key risks to Panama's economy include a potential loss of investment-grade status from credit rating agencies, further social unrest and international arbitration proceedings.

June 26, 2024

Codelco copper output falls behind target in May, document shows

The mining firm, which has yet to publicly release data for May, produced 103,100 metric tons of the red metal in the month.

June 26, 2024

Andurand ditches famed oil trades for copper and cocoa

The pivot comes as the firm recovers from a record loss last year, ending a three-year winning streak.

June 26, 2024

Vedanta in talks with IHC unit, investors for Zambian copper stake sale

The KCM assets have also attracted interest from other investors, said Vedanta's chief executive for base metals.

June 26, 2024

Capstone produces first saleable copper concentrate at MVDP in Chile

The MVDP is expected to enable the mine to process 236 million tonnes of copper sulphide reserves over a life of 20 years.

June 26, 2024

Norway to award Arctic seabed mining blocks in 2025

The government announced the first licensing round for seabed minerals on the Norwegian continental shelf for public consultation.

June 26, 2024

Alaska Natives sue EPA over Pebble mine veto, Northern Dynasty says

Two native village corporations had sued the Environmental Protection Agency for its veto against the proposed mine.

June 26, 2024

Copper price extends slide on soft Chinese demand and stronger dollar

The metal has shed 14% since rocketing to a record above $11,000 a ton in May.

June 26, 2024

Lundin Mining to up stake in Caserones copper mine to 70%

The Canadian miner is acquiring an additional 19% interest in the copper-molybdenum mine in Chile for $350 million.

June 25, 2024

Teck, Taku River Tlingit First Nation, BC partner on Tulsequah Chief mine remediation

News comes years after the Ministry of Energy and Mines first ordered a now-bankrupt junior to clean up an acid rock drainage problem at the mine near Atlin, British Columbia.