April 24, 2024

Eurasian Resources denies circumventing Congo subcontracting laws

Congo's government last week accused ERG of passing off subcontracting companies as majority partners.

April 24, 2024

First Quantum could remove copper from Panama mine after election, CEO says

Panama goes to polls in May this year.

April 24, 2024

E-haul trucks could result in major savings for miners but adoption is slow – report

A new report by IDTechEx states that even though investing in e-haul trucks could result in major savings for miners, adoption is still in its nascent stages.

April 24, 2024

China copper gauge at zero offers stark warning to metals bulls

Premiums paid on imported refined copper extended a months-long decline to reach zero for the first time in Shanghai going back to 2017.

April 24, 2024

World’s biggest energy traders are returning to metals markets

Vitol, Gunvor and Mercuria Energy are among the traders building out their metals teams, as they look to deploy capital generated by record profits.

April 24, 2024

OceanaGold prices $106 million IPO of Philippine unit

OceanaGold plans to sell up to 456 million common shares or a 20% stake in OceanaGold Philippines.

April 23, 2024

First Quantum Minerals cuts debt by over $1bn in first quarter

The company in February had announced a series of capital restructuring measures that would strengthen its balance sheet and cut debt.

April 23, 2024

ESG Watch: Why climate change is leaving mining firms between a rock and a hard place

By 2050, the World Bank forecasts that demand for the metals and minerals used to produce the clean energy technologies will increase by almost 500%.

April 23, 2024

Chile sees record copper production next year

The output of the red metal would be a 6% increase from the 5.51 million tons expected to be produced this year.

April 23, 2024

Copper price at risk of pullback as buying in China stalls after rally

Fabricators have struggled to pass on higher costs to their customers, forcing them to rein in purchases since March, one copper trader said.