February 9, 2024

Billionaire Adani secures ore for $1.2 billion copper smelter

The facility in Mundra is the world’s largest single-location smelter for the industrial metal.

February 9, 2024

AI-powered Zambian copper mine may become world’s third largest

KoBold Metals said this week that its discovery at the Mingomba project far surpasses existing operations in Chile by copper grade.

February 9, 2024

Exxaro sharpens M&A focus after copper mine loss to China

The company made it onto a shortlist for buying a copper mine in Botswana last year, but was ultimately outbid by MMG.

February 9, 2024

Metals Acquisition IPO Down Under goes over forecast

The Jersey-based company’s initial public offering on the ASX was oversubscribed by about A$25 million.

February 9, 2024

New Gold unveils three-year plan for 35% production growth

New Gold aims to produce 410,000 to 460,000 ounces in 2026 by boosting output at current mines and completing growth projects.

February 8, 2024

Green shoots for copper, nickel, zinc, aluminium prices 

Macquarie says January's full set of PMIs looks like a potential turning point for the global industrial cycle.

February 8, 2024

Anglo American posts 24% rise in annual copper output

The company left its 2024 copper output guidance at 730,000-790,000 tons.

February 8, 2024

Capstone raises $265 million to advance Chilean copper projects

Proceeds will go towards the Mantoverde optimized project and Santo Domingo detailed engineering.

February 8, 2024

Pressure groups sue LME for allowing trade of ‘polluting’ Indonesian metal

Activists allege that the LME allowed sales on its platform of copper produced at the Grasberg mine, which they claim is polluting local rivers.

February 8, 2024

Indonesia’s metals giant Mind ID seeks bids for $2 billion loan

The state-owned mineral-resources holding company plans to use the proceeds partly to repay existing debt.