December 7, 2023

Arras Minerals joins forces with Teck to explore critical minerals in Kazakhstan

Teck made its first investment into Arras last November by acquiring a 9.9% stake.

December 7, 2023

Ivanhoe Mines quadruples exploration budget for 2024

The primary focus of exploration activities will be on the Western Foreland project in the DRC.

December 7, 2023

China’s CMOC says geopolitics helped drive Australia sale

CMOC agreed earlier this week to sell its 80% stake in the Northparkes copper and gold mine to Evolution Mining.

December 7, 2023

China November copper imports rise to highest in almost two years

The Yangshan copper premium, an indicator of import demand, rose to a one-year high.

December 6, 2023

Chile targets million-tonne copper boost in tightening market

President Gabriel Boric has set a goal of raising Chile’s production by 1.04 million metric tons by 2026.

December 6, 2023

State auditors recommend Freeport Indonesia be fined for smelter delays

In a December 2018 deal, Freeport and Jakarta agreed that the miner would complete the smelter within five years.

December 6, 2023

Rob McEwen ups stake in junior explorer Goliath Resources

The owner of McEwen Mining made his first investment in Goliath as recently as October 2.

December 6, 2023

Rescuers pull out first survivor of Zambia landslide that trapped 38 miners

On Dec. 1 a landslide inundated an open-pit copper mine and trapped at least 38 people who were working there without a permit.

December 5, 2023

Hudbay’s plan to boost Copper Mountain output comes at a cost

The new 21-year mine plan includes operational enhancements such as remobilizing idle haul trucks, opening additional mining faces, and accelerating stripping to access higher-grade ore.

December 5, 2023

Copper futures dragged down by China’s credit downgrade

Moody’s Investors Service cut its outlook for Chinese sovereign bonds to negative, underscoring deepening global concerns over debt levels in the world’s largest consumer.