December 4, 2023

First Quantum to fast-track Zambia project after Panama blow

The Fishtie copper project, being developed with Zambia's Mimosa Resources, is expected to start production in 2026.

December 4, 2023

Jack Lundin assumes top job at Lundin Mining

With Jack taking the reins, the company’s key officer positions are now held by siblings, as his brother Adam is the firm's chairman.

December 3, 2023

Peru simplifies procedures for approval of environmental studies, water use permits

A supreme decree orders the simplification of environmental certification procedures and water use permits required for mining exploration.

December 3, 2023

First Quantum asks government for clarity on future of Cobre Panama’s workers

The Canadian miner issued a communiqué informing employees that it is uncertain how many people will be able to continue working at the operation.

December 1, 2023

Long-term sustainability uncertain if Panama operations end, says First Quantum CEO

The company has notified buyers it will not be able to meet agreements due to force majeure.

December 1, 2023

Fitch sees industrial metal prices falling in 2024, gold set to rise

London's 2024 benchmark copper price could slip 2% to $8,600 per metric ton, the firm said.

December 1, 2023

Peru mining output grows 3.14% in October, slowest in 8 months

Copper production was up 2.1% from the same month a year ago, while gold and zinc jumped 10.0% and 10.4% respectively.

December 1, 2023

Vale Base Metals in search of new CEO

Deshnee Naidoo will step down from her position as CEO effective March 31.

December 1, 2023

Shares of Anglo American and Antofagasta rally after UBS upgrade

Anglo American shares surged 7.8% in London after UBS upgraded its rating from neutral to buy.

December 1, 2023

Copper price climbs to three-month high on Panama mine risk, shortfall

The metal rose as much as 1.2% on Friday, tracking a rally in European and Chinese stock markets.