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.

December 12, 2023

Record resources deals rescue a dim year for Australian bankers

About $A111.3 billion of energy and mining deals have been announced in Australia year-to-date, accounting for almost half of all transactions in the country.

December 12, 2023

Komatsu, GM to co-develop hydrogen fuel cells for electric trucks

The two have created a joint venture to co-develop a hydrogen fuel cell power module for the 930E electric drive mining truck.

December 12, 2023

Jubilee Metals forms Zambian copper recovery venture with UAE’s IRH

Jubilee said it had secured IRH's investment to process an estimated 350 million metric tons of copper waste rock.

December 12, 2023

Solaris taps $80 million Orion financing to advance Warintza copper project in Ecuador

This financing package funds the advancement of Warintza through studies and permitting, Solaris said.