July 2, 2024

Freeport McMoran sees lower sales in Q2 on Indonesian permit delays

The company expects copper sales to be 5% below April 2024 guidance of 975 million pounds.

July 2, 2024

Copper price extends rebound on hopes for US rate cuts, China stimulus

Copper rose for a third session, extending its rebound from a two-month low.

July 2, 2024

India in talks with Africa, Latin America countries for critical mineral blocks

India is also in discussions with Australia for critical minerals.

July 2, 2024

Rio Tinto in talks to prevent another strike at Oyu Tolgoi

Rio Tinto has said changes to Mongolia’s Labour Law in 2022 had prompted it to recalculate employee salaries.

July 1, 2024

Copper’s unicorns

Silicon Valley is littered with them. Now mining has its own $1 billion club.

July 1, 2024

Southern Copper flags progress at key Peru mine, share prices rise

Tia Maria is eventually expected to produce 120,000 metric tons of copper annually.

June 30, 2024

Southern Copper to restart development of Peru mine on Monday

The Tia Maria mine has been on hold for years amid community opposition over fears of the mine's environmental impact.

June 29, 2024

Court approves billionaire Agarwal’s plan to reclaim Zambia mine

Vedanta now needs to follow the court ruling by releasing $250 million to settle debts that KCM owes to contractors and suppliers.

June 28, 2024

Miner M&A spotlight may shift to Teck and Freeport

The question of where the M&A spotlight is next going to fall has a sector newly buzzing with intrigue.

June 28, 2024

Copper supply gets a boost as Chile shows signs of recovery

Output in May was the highest this year, rising more than 8% compared with April.