January 19, 2024

Brazil negotiates mining investments with Saudi Arabia – minister

The two countries are in discussions over investments in sustainable mining and energy transition, as stated by the Brazilian Minister of Mines and Energy.

January 19, 2024

First Quantum Minerals exploring rights issue to ease debt

The company has also hired BMO Capital markets to sell some of its smaller mines such as Las Cruces in Spain.

January 19, 2024

Trafigura’s former battery metals co-head departs

In the past twelve months, the company has experienced the departure of five top executives.

January 19, 2024

Codelco reaches agreement with Minister Hales mine supervisors

Ministro Hales suffered a pit wall collapse at the end of 2021, a situation that's still impacting the mine's operations.

January 19, 2024

Barrick Gold denies meeting First Quantum in Panama

The gold miner said Pueblo Viejo's president, Juana Barceló, did not travel to Panama or meet with First Quantum officials.

January 19, 2024

Danakali goes after new project as “vultures” on the prowl

It warned of “predatory activity” by unidentified groups offering investors less than 10% of the underlying value of their shares.

January 18, 2024

Codelco to invest $720 million more in Chuquicamata copper mine

Chuquicamata Subterranea is an ambitious project to extend the open-pit copper mine's lifespan.

January 18, 2024

Imperial’s Mount Polley produced 30 million lb. copper in 2023, despite damaged mill

Copper production was at the low end of guidance, but gold output exceeded the high end of its target.

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.