February 2, 2024

First Quantum bonds rally as miner works to free up cash

The most liquid notes due in 2031 climbed $0.15 to $0.94 since hitting a low in November.

February 2, 2024

Zambia seeks to restructure Glencore debt with new Mopani investor

Zambia is seeking to restructure a $1.5 billion debt owed by Mopani Copper Mines to Glencore.

February 2, 2024

Grupo Mexico profit down 19% on sliding metal prices

The firm produced 264,251 metric tons of copper over the quarter, down 2% from a year earlier.

February 2, 2024

Copper-infused innovation helps convert CO2 into ethylene

A new energy-efficient carbon dioxide electroreduction system converts CO2 into ethylene for industrial purposes.

February 2, 2024

Germany invests $1.1bn to counter China on raw materials

The state fund will focus on cobalt, copper, lithium, silicon, rare earths projects, including in extraction, processing and recycling.

February 2, 2024

Bougainville Copper soars on Panguna licence 5-year extension

The company is attempting to reopen the giant Panguna mine, believed to hold 5.3 million tonnes of copper and 19.3 million ounces of gold.

February 1, 2024

British Columbia’s Nisga’a Nation plans Indigenous-majority owned royalty company

Vega Mining will acquire from the Nisga’a the rights to five existing annual benefit payment entitlements with projects in the Golden Triangle, in exchange for common shares in Vega’s capital.

February 1, 2024

Base metals drop as investors weigh Fed path, China consumption

Industrial metals have had a soft start to the year.

February 1, 2024

Capstone Copper to sell 59.5 million shares to RBC Capital for $280m

The offering is expected to close on around Feb. 8.

February 1, 2024

Hedge funds ramp up copper bets as supply shocks reverberate

Funds including Tribeca Investment Partners, Terra Capital and Anaconda Invest all say the supply dynamics support price increases in 2024.