April 29, 2024 China’s CMOC reports jump in copper and cobalt output Its Tenke Fungurume site added new mining capacity in March, lifting annual capacity to 450,000 tons of copper and 37,000 tons of cobalt.
April 29, 2024 South Africa views BHP bid for Anglo as ‘normal market activity’ BHP is considering making an improved offer, Reuters sources said during the weekend.
April 29, 2024 Vedanta seeks deals with traders to help fund Zambia copper mine Vedanta is trying to raise about $1.4 billion in total for Konkola.
April 28, 2024 BHP mega bid and $10,000 copper expose mining’s biggest problem The biggest producers all want to increase copper output to take advantage of rising demand for electric vehicles, grid infrastructure and data centers.
April 27, 2024 Antofagasta fined for breaking water extraction rules in drought-ridden Chilean region Chile’s General Water Directorate fined Antofagasta Minerals’ Minera Los Pelambres for the unauthorized extraction of surface and groundwater.
April 27, 2024 BHP considering improved proposal for Anglo American after bid rejected BHP Group is considering making an improved offer for Anglo American after its $39 billion initial proposal was rejected.
April 26, 2024 Copper juniors converge in British Columbia, Yukon Territories Juniors are extremely important to major mining companies because they are the firms finding the deposits that will become the next mines.
April 26, 2024 Southern Copper’s output seen above 1 million tonnes in 2027 The company also edged up its forecasts for this year, predicting output of 949,000 tons.
April 26, 2024 Codelco output keeps falling, underscoring copper struggles The state-owned miner said output totaled 295,000 metric tons, down 10% from the same period last year.
April 26, 2024 Panama completes process of mining concession cancellations The law was passed in November 2023 in response to the protests against First Quantum Minerals' new contract.
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