July 27, 2023

Anglo and Teck underline mining retreat as China dampens profits

Anglo reported a more than 40% fall in underlying earnings to $5.1bn, while Teck posted an even sharper drop in Q2 profit of over 50% to C$1.48 billion ($1.1bn).

July 27, 2023

Teck cuts copper guidance on lower output at QB2

QB2 is the first step in Teck’s plan to grow its copper footprint and implies extending the aging deposit’s life by 28 years.

July 26, 2023

Alaska asks US Supreme Court to undo EPA Pebble mine veto

Alaska said the restrictions violate the state’s sovereign right to regulate its lands and waters.

July 26, 2023

Cochilco cuts 2023 copper price forecast to $3.85/lb

The agency had previously set a forecast of $3.90 in May.

July 26, 2023

Foran Mining’s McIlvenna Bay project receives ministerial approval

The copper-zinc-gold-silver project in Saskatchewan has a projected 18-year mine life, over which it could produce 65 million lb. of copper-equivalent annually.

July 26, 2023

Adventus, Salazar on track to get environmental licence for Ecuador copper-gold project

The project partners are expecting the El Domo environmental licence to be approved by the second half of 2023.

July 26, 2023

Self-healing metals may revolutionize engineering – study

Scientists have observed how pieces of metal crack, then fuse back together without any human intervention.

July 26, 2023

Rio Tinto to miss 2025 emissions cuts targets

The world’s second largest miner won’t be able to achieve a targeted 15% carbon emissions reduction by 2025, unless it uses carbon offsets.

July 25, 2023

The global copper market is entering an age of extremely large deficits

The road to reaching net zero begins and ends with copper.

July 25, 2023

Doubleview Gold’s Hat project faces indigenous opposition in British Columbia

The Tahltan Nation generally supports mining and exploration in its territory.