July 21, 2023

CHARTS: Value of world’s 50 biggest mining companies slump $356bn from post-pandemic peak  

MINING.COM’s ranking of world’s biggest miners welcomes the first Indonesian company to the top tier and Perth as the city hosting the greatest number on the list.

July 21, 2023

Copper price down on disappointing Chinese stimulus measures

Authorities unveiled measures to boost consumption of automobile and electronics.

July 21, 2023

NGEx Minerals more than doubles private placement, stock gains

The net proceeds will be predominantly used for its Lunahuasi exploration project in San Juan province, Argentina, and Los Helados project in Region III, Chile.

July 21, 2023

Newcrest drops after potential buyer Newmont’s weak second quarter

Shares of Newcrest Mining Ltd fell as much as 5.4% on Friday, marking its worst intraday fall in nearly 10 months.

July 21, 2023

Glencore expects 2023 trading unit profits of up to $4 billion

The group left its overall 2023 guidance for copper unchanged at 1.04 million metric tons, even as production fell by 10%.

July 20, 2023

Ecuador, SolGold seal deal to launch nearly $5bn mining project

Construction of the Cascabel mine is seen starting in 2025, with operations kicking off in 2030.

July 20, 2023

Chile wants to boost local copper smelting capacity to rely less on Asian plants

The proposal follows the decision of state-owned miner Codelco to close its Ventanas smelter for environmental reasons.

July 20, 2023

US imposes sanctions on Russian copper producer UMMC

As of 2020, it was producing around 40% of Russian copper.

July 20, 2023

Zambia’s copper production seen falling to 14-year low

Copper production will plunge to 682,431 tons, the Ministry of Finance & National Planning said in a report.

July 20, 2023

Anglo American’s first-half copper production surges 42%

Anglo expects to reach between 840,000 and 930,000 metric tons of copper production this year.