April 16, 2024

Cobre Panama: How a $10 billion copper mine is now sitting idle in the jungle

For the wider mining industry, the story of First Quantum in Panama has become a cautionary tale.

April 16, 2024

Brazil court again suspends Vale’s Sossego copper mine licence

Brazil's Para state has won its appeal to overturn a previous court ruling that had reinstated the mine's operating licence.

April 16, 2024

Nornickel says new Western sanctions raise risk of metals market disruption

Nornickel intends to remain a "reliable supplier of products" and will continue to fulfil all its contractual obligations, said the company.

April 16, 2024

Barrick’s gold production continues to trail estimates

The miner reported total preliminary output of 940,000 ounces of gold and 40,000 tonnes of copper in the three months ended March 31.

April 15, 2024

Codelco eyes partnerships to help boost ailing copper production

The company expects “some conclusions” this year from negotiating an operational tie-up between its Andina mine and Anglo American's adjoining Los Bronces.

April 15, 2024

Native American group seeks to overturn US court ruling on Rio’s Arizona copper mine

If developed, the mine would supply more than a quarter of US copper demand for the renewable energy transition.

April 15, 2024

Copper price at fresh high as satellite data shows sharp Chinese smelter cutbacks

China’s Copper Smelter Purchase Team appears to be making good on promises of cutbacks with end-March inactivity at refiners jumping to 12.8% compared to 4.1% a year ago. 

April 15, 2024

Antofagasta CEO foresees higher 2024 copper prices, plans growth at home

The company also did not rule out the possibility of acquisitions, as long as they are in the Americas.

April 15, 2024

Peru economy grows more than expected in February on mining gains

Larger copper, gold and molybdenum volumes boosted metals mining just over 17%, according to government statistics.

April 15, 2024

Metals whipsawed as sanctions on new Russian supplies rattle LME

Aluminum jumped as much as 9.4% as the market opened, the most since the current form of the contract was launched in 1987.