January 18, 2024

Glencore, Trafigura target spot prices for mined copper sales, sources say

The traders are pushing Asian smelters to accept low spot prices for turning their mined copper into metal this year, as opposed to industry benchmarks.

January 18, 2024

Saudi Arabia flags commodity trading ambitions with DME stake

The owner of Saudi Arabia’s stock market has acquired a 32.6% stake in the Dubai Mercantile Exchange.

January 18, 2024

Major miners pledge no exploration-related activities at world heritage sites

Top miners including Freeport, Teck and Newmont committed to taking urgent action to support a "nature-positive future" by 2030.

January 17, 2024

Seabridge Gold applies to extend KSM environmental permit

The company has applied for a 'substantially started' status, which, if approved, would make KSM's environmental assessment certificate valid for the life of the project.

January 17, 2024

First Quantum submits copper mine preservation plan to Panama government

First Quantum said the preservation plan at Cobre Panama entailed costs estimated at "tens of millions of dollars a month."

January 17, 2024

Los Pelambres boosted Antofagasta copper production in 2023

It stepped up production at Los Pelambres after overcoming water issues at the operation, which is nearing the end of Phase 1 expansion.

January 16, 2024

Teck misses copper, zinc guidance for 2023, coal production higher

Annual production was impacted by challenges across operations through the year.

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.