April 17, 2024

Zambia copper mines hit by state utility’s warning of power cuts

The southern African nation, which relies on hydropower for 85% of its electricity generation, is experiencing rolling blackouts amid an ongoing drought.

April 17, 2024

Antofagasta’s Q1 copper output down 11% yr/yr

The company reiterated that it expects output in 2024 of between 670,000 and 710,000 tons.

April 17, 2024

Rio Tinto to favour development over acquisition of copper mines — exec

Copper boss Bold Baatar says Rio's goal of producing 1 million tonnes of the metal annually within the next five years will be achieved through organic growth.

April 16, 2024

Vale’s iron ore output up 6% in first quarter, sales jump

Vale's iron ore output in the first three months of the year totaled 70.84 million metric tons.

April 16, 2024

US to reject access road to northern Alaska mining district

The Ambler project sought to open a remote area rich in copper, zinc and lead and could yield deposits of rare earths.

April 16, 2024

Rio Tinto aims to keep Resolution’s copper in US, executive says

The Arizona mine would, if developed, over its life produce more than 40 billion pounds of copper and supply more than a quarter of US demand.

April 16, 2024

McEwen Mining to buy remaining stake in Timberline Resources

McEwen currently owns around 3.3% of the company.

April 16, 2024

Trafigura CEO says copper must surpass $10,000 to meet demand

Jeremy Weir made his comments Tuesday during a presentation at the CRU World Copper Conference in Santiago.

April 16, 2024

Peru copper production growth near 13% in February

The performance was due in part to a 219.4% production boost from Glencore' Antapaccay.

April 16, 2024

Chile must pass permitting reforms to unblock investment, copper executives say

Mining companies and industry groups have complained about the extensive permitting process in Chile.