November 3, 2023

Pacific island Bougainville seeks to tap riches of closed copper mine

Panguna, formerly operated by Rio Tinto Group, shut in 1989 after local protests over mine revenue degenerated into a civil war.

November 3, 2023

First Quantum shares up as Panama Congress leaves contract intact

Cobre Panama has not stopped producing copper despite recent protests and blockades, though it has faced disruptions.

November 3, 2023

Mineral Resources ups stake in lithium miner Azure Minerals

Azure, which is developing the Andover lithium and nickel-copper-cobalt project in Western Australia, continues to attract investment.

November 2, 2023

Panama Supreme Court to decide First Quantum’s contract fate

Modified law, however, will ban all future mining concessions, including exploration, extraction and transportation of minerals, as well as contract renewals in Panama.

November 2, 2023

China’s grip on Africa’s minerals sparks a US response

As part of its stated ambition to challenge China’s dominance, the Biden administration saw an opportunity to revitalize a century-old rail line linking key African mines to an Atlantic Ocean…

November 2, 2023

Barrick CEO says focused on organic growth, dismisses interest in First Quantum

"For me M&A is an ad hoc opportunity to create value," CEO Mark Bristow told Reuters.

November 2, 2023

Saudis in talks with Pakistan on Reko Diq, Barrick CEO says

Saudi Arabia is in ongoing talks with Pakistan to buy part of the government’s stake in the $7 billion copper project, says Mark Bristow.

November 2, 2023

Kamoa-Kakula confirmed as world’s lowest carbon-emitting major copper mine

On a Scope 1 and 2 basis, Kamoa-Kakula's GHG emissions intensity in 2022 was 0.16 equivalent tonnes of carbon dioxide per tonne of contained copper produced.

November 2, 2023

Panama Congress decides fate of First Quantum mine contract 

Vote on bill revoking the 20-year contract with First Quantum and halting all future mining concessions in Panama happening today.

November 2, 2023

Sibanye-Stillwater eyes cuts at US mines on weak palladium prices

It warned of further changes at its palladium mines in the US as prices for the main PGMs have fallen faster than it anticipated.