October 12, 2023

BHP averts strike at Escondida mine with preliminary union deal

In late September, the union's members rejected a proposal from the company, prompting government mediation to avoid a work stoppage.

October 12, 2023

Researchers monitor emissions from Africa’s Copperbelt mines from space

Using satellite data, researchers were able to quantify emissions from individual mines in Africa's Copperbelt.

October 11, 2023

Newmont shareholders vote in favor of $16.8bn Newcrest buyout

Both the companies expect the deal to close in early November, Newmont said.

October 11, 2023

China’s copper buyers flex muscles in Codelco contract negotiations

Russian copper exports to China and expectations of surpluses have emboldened Chinese buyers to try and dictate how much they will pay Codelco for the industrial metal next year.

October 11, 2023

Miners seek partners for copper assets as M&A heats up

A flurry of copper mining deals are being lined up for the next six to 12 months, industry sources told Reuters.

October 11, 2023

Stellantis, Rio Tinto raise bets on Argentina copper mining

The fresh funds may give McEwen Copper more breathing space before going public.

October 11, 2023

World’s top miners need more ambition to meet climate targets

The Institute for Energy Economics and Financial Analysis examined five miners with goals to become carbon neutral by 2050 — and found varying degrees of purpose in meeting that target.

October 11, 2023

“New” mineral discovered in abandoned gold mine dumps

A newly discovered mineral, named kanatzidisite, was recently unearthed in mining dumps of the abandoned Nagybörzsöny gold deposit in Hungary.

October 10, 2023

Panama cabinet approves modified contract with First Quantum

The approval comes after extended negotiations over regulations concerning the Cobre Panama copper mine, which accounts for about 4% of Panama's GDP.

October 10, 2023

Copper prices pressured by weak demand, sentiment, rising inventories — report

Fitch Solutions is revising down its 2023 average annual copper price forecast as US dollar strength and market fears of another US Fed rate hike places a cap on price…