December 15, 2023

Buenaventura stock surges as Antofagasta takes 19% equity position

The NYSE-listed shares reached a 52-week high of $12.73 earlier in the session.

December 15, 2023

LME faces fresh worries about Russian metal after UK sanctions

Any move by the US or EU to follow the UK’s sanctions on metals trading would likely force the LME’s hand.

December 15, 2023

Friedland says $15,000/t copper price needed to spur new mines

The mining magnate said that forecasts of copper prices reaching $9,000 a metric ton next year isn’t enough to stimulate the industry.

December 15, 2023

Panama starts process for First Quantum’s mine ‘definitive’ closure

The roadmap for the mine's closure will be presented to the country in the coming days.

December 15, 2023

New sanctions bar UK entities from trading most Russian metals

Prices of metals produced by Russia surged as panicky traders struggled to understand how widespread the impact of the measures would be.

December 15, 2023

TechMet urges UK gov’t to “catch up” on race for critical minerals

The UK is "way behind" where it should be to ensure sufficient supplies of critical metals for EVs and renewable energy storage sectors, report says.

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.