December 14, 2023

Rio Tinto’s Nuton, Arizona Sonoran Copper ink joint venture option on Cactus project

Rio Tinto invested C$30.5 million for a 7.4% stake last year in the project.

December 14, 2023

Workers at Antofagasta copper mine approve contract offer, averting strike

The nearly 400 employees represented by the union rejected an earlier contract proposal last month.

December 14, 2023

NORI says environmental impact of seafloor mining less than feared

The Metals Company is planning to begin deep sea mining by late-2025.

December 14, 2023

Seabridge confirms new porphyry discovery at Iskut property in British Columbia

Snip North is one of several recognized mineral occurrences at Iskut that are interpreted as high-level expressions of copper-gold porphyry systems.

December 14, 2023

Copper price jumps amid anticipation of 2024 interest rate cuts

Fed Chair Jerome Powell said the historic tightening of monetary policy was likely over as inflation falls faster than expected.

December 14, 2023

Mitsubishi, Freeport completes copper smelter expansion in Indonesia

PT Smelting inaugurated on Thursday an expansion in capacity of its smelter facility in East Java.

December 14, 2023

Billionaire Adani’s new copper foray to further tighten world’s ore supply

The planned start of billionaire Gautam Adani’s copper plant in India next year will spur a sharp rise in imports of concentrate.

December 14, 2023

Gates, Bezos-backed KoBold Metals in four-continent quest for lithium

The start-up is deploying AI-based technology to search for lithium in South Korea, Canada, the US, Australia and Africa.

December 13, 2023

Ivanhoe Mines arranges $370 million private placement

The proposed financing will see Ivanhoe offer approximately 41.66 million Class A common shares for sale at C$12.00 each.

December 13, 2023

Antofagasta, union extend talks to allow contract vote

If the two groups fail to come to an agreement, workers will go on strike beginning on Dec. 19.