December 1, 2023

Copper miners, Chinese smelters agree on first drop in fees in 3 years

Miners on Friday reached agreements with Chinese smelters for a lower copper concentrate treatment and refining charges for 2024.

December 1, 2023

Scientists use copper to reduce cost of cancer treatment

UCLA researchers devised an inexpensive way to produce a molecule used in anti-cancer drugs from a chemical costing just $3 per gram.

December 1, 2023

First Quantum takes Panama to international court

It is also suspending its 2023 production guidance for Cobre Panama mine, which accounts for about 1.5% of the world’s copper production.

November 30, 2023

Codelco’s chief commercial officer resigns

Carlos Alvarado will be replaced by Cristobal Fuenzalida a current marketing manager at Codelco.

November 30, 2023

Panama trade minister resigns after mining contract backlash

Jorge Rivera has been named the replacement.

November 30, 2023

Five charged with 11 million euro metal theft from Aurubis

The five people had been charged in connection with the theft of about 5,000 kilograms of materials containing precious metals.

November 30, 2023

Panama mine shutdown threatens copper’s surplus

The expectation for a looser market in the near term has been reflected in copper prices.

November 30, 2023

First Quantum risks covenant breach, cost cuts if Panama shuts copper mine

The company is facing an estimated $625 million in debt maturities next year and another $1.8 billion in 2025.

November 30, 2023

Sandfire Resources apologizes for Aboriginal heritage damage

The Western Australia copper miner is facing public outrage for not coming clean earlier about destroying artefacts more than five years ago.

November 29, 2023

Panama copper miners take to the streets in backlash to shutdown

“This is a source of income for more than 40,000 households, and we don’t have a response as to what is going to happen to us,” union leader Michael Camacho…