February 16, 2024

First Quantum mine shutdown piles pressure on Panama’s rating, Fitch says

The shutdown has reinforced downward pressure on the country's 'BBB-' rating and its deficit forecast, the agency said.

February 16, 2024

New study saves $1bn in upfront cost as SolGold shops Cascabel project

Pre-production capital used for initial mine development, first process plant module and infrastructure is now estimated at $1.55 billion.

February 16, 2024

Peru approves $2 billion Antamina copper mine expansion

Long-awaited permit will extend the life of Peru's largest copper mine, co-owned by Glencore, BHP, Teck and Mitsubishi, from 2028 to 2036.

February 16, 2024

First Quantum exercises option over two licences as it looks to expand in Zambia

The Canadian miner has not yet earned a stake in African Pioneer Zambia, the company that holds the copper licences.

February 15, 2024

Copper price bounces as analysts see short covering fueling big gains

Prices climbed as much as 1.5% to trade above $8,300 a ton on the London Metal Exchange on Thursday.

February 15, 2024

Strong metals and mining M&A activity set to remain over 2024 — report  

The industry saw a significant rise in M&A activity across metals and mining companies in 2023 driven by the global energy transition, a theme Fitch Solutions expects to continue.

February 14, 2024

Tycoon Birla’s Hindalco bids for Indian critical minerals leases

The government will sell rights to about 20 blocks of land to explore for critical metals.

February 14, 2024

Column: LME back in the dock, this time over ‘dirty metals’

The metal in question is copper produced at the giant Grasberg mine in Indonesia.

February 14, 2024

Vizsla expands British Columbia-focused portfolio with Universal Copper takeover

Vizsla will buy Universal's shares on the basis of a 0.23:1 share exchange ratio.

February 14, 2024

Canada’s ambitious EV targets can’t be met without more support for mine supply

The gap in production for energy transition metals provides an opportunity for Canada.