September 19, 2023

Newcrest acquisition to deliver $500 million in annual synergies, says Newmont CEO

The biggest value drivers of the transaction will come from Newcrest’s two Tier 1 operations, Cadia and Lihir.

September 19, 2023

Chinova puts Australian copper-gold operations up for sale

Shanxi Donghui Energy Group bought the mine from Ivanhoe Australia in 2013.

September 19, 2023

First Quantum chairman Philip Pascall passes away

The board of directors has voted to elect Robert Harding, who has been a director of First Quantum since 2013, as the interim chairman.

September 19, 2023

Aurubis trims annual forecast further after metal theft

After concluding its metal stocks inventory, Aurubis identified damage amounting to 185 million euros.

September 19, 2023

US gov’t mulls 50-year mining ban in New Mexico

Proposal seeks to ban mining and oil drilling in northern New Mexico as part of a wider plan to protect Native American lands.

September 18, 2023

China’s copper industry is struggling when it should be booming

Buyers lack conviction and the view from the factory floor remains cautious as margins are suppressed and profits wither.

September 18, 2023

Indian, Canadian officials discuss critical mineral mining cooperation

Talks were held amid tense diplomatic relations between the two countries.

September 18, 2023

Codelco ends long-term mined copper deals to China clients from 2025 – sources

Company is aiming to replace exclusively copper concentrate deals with others that include concentrate and value-added intermediate products such as blister and anode.

September 17, 2023

IRA, EGD and now the EU move on China EVs – governments are showering mining with money

When the EU closes its EV market to China, it would open up a direct route and likely premium pricing for lithium, nickel, cobalt miners now supplying China.

September 17, 2023

Trafigura wrestles with future of metals unit after losses

Trafigura Group is struggling with its metal business following a string of missteps.