June 11, 2024

Chart: Codelco delivers worst month of copper output since 2006

The Chilean state behemoth struggles to maintain its status as the world’s top copper supplier.

June 11, 2024

Solaris closes $39m financing for Warintza copper project in Ecuador

The net proceeds will be used primarily for exploration and infill drilling at the project and for regional exploration.

June 11, 2024

Deep contango in LME base metals signals weak nearby buying interest

Spot prices for copper and aluminum in London have moved to sharply deeper discounts to the three-month contract this week.

June 11, 2024

Elliott steps in to back faltering Canadian copper miner after bankruptcy

Before Monday’s bankruptcy filing, Nevada Copper had attracted two bidders though it failed to close a deal with either one.

June 11, 2024

Freeport-McMoRan looking for ways to expand copper production, CEO says

The company isn’t under pressure to follow rivals like BHP in seeking acquisitions, and will instead focus on innovation to grow production and lower costs, CEO Kathleen Quirk said.

June 11, 2024

Kamoa-Kakula is now world’s third-largest copper mining complex

Ivanhoe Mines has achieved first concentrate production at the Kamoa-Kakula operation’s Phase 3 concentrator.

June 11, 2024

Group Eleven shares leap on high-grade zinc-lead hits at Ballywire in Ireland

One hole returned 29.6 metres grading 4% zinc, 6.6% lead, 78 grams silver per tonne and 0.15% copper from 283.4 metres depth.

June 11, 2024

Anglo Asian nets $5 million prepayment from Trafigura for copper sale

Anglo's Azerbaijan-based subsidiary will receive $3 million immediately and a further $2 million upon resumption of flotation processing.

June 11, 2024

Lawsuit targets Adventus and Salazar’s Ecuador project permit

A group of locals has requested a provincial judge to scrap the environmental permit for the miners’ Curipamba-El Domo copper-gold project.

June 10, 2024

Codelco copper output hit by lingering effects of rock collapse

El Teniente’s first-half production is tracking lower than the same period last year as it repairs areas of the underground operation affected by the collapse last June.