January 16, 2024

First Quantum offers voluntary retirement to over 1,500 Panama mine staff

The company plans to reduce its Panama workforce to below 1,000 workers from about 1,400 workers.

January 16, 2024

Indonesia approves Freeport’s mining quota for 2024-2026

Indonesia last year changed mining production plans from annual to valid for three years.

January 16, 2024

Ivanhoe, Gécamines to reopen historic Kipushi mine

The historic zinc-copper mine will restart in Q2 2024, with expected production pegged at more than 250,000 tonnes of zinc a year.

January 16, 2024

Australia sends biggest copper concentrate shipment to China since 2020

The exports raise hopes that China may be removing the ban imposed after Australian calls for an inquiry into the origin of covid-19.

January 16, 2024

At Saudi Arabia forum, buzz word is partnership

Barrick CEO Bristow said it was unrealistic for every country to expect they can participate fully in the industry’s four main sectors.

January 16, 2024

Taseko inks $50m royalty deal for Florence copper mine construction

Funds will allow the Canadian miner to speed up construction of its Florence copper mine in Arizona, expected to begin production in 2025.

January 15, 2024

Royal Road JV wins bid for Saudi exploration licence

The JV has committed to minimum expenditure of $5.5 million over the first five years.

January 15, 2024

Lundin Mining sees record copper production in 2023

Its 2023 output was at the guidance midpoint or above for all metals produced.

January 15, 2024

Marimaca stock up on new drill results at copper project in Antofagasta region

Since its discovery in 2016, Marimaca has more than doubled the deposit’s resource.

January 15, 2024

Cochilco raises 2024 copper price projection to $3.85/lb

Cochilco said it was raising the estimate due to "factors like the normalization of monetary policy in the United States."