June 16, 2023

Codelco top brass seek to reassure market after CEO quits

The company said it would stick to its strategy and operations in a bid to reassure markets following the surprise resignation.

June 15, 2023

First Quantum rebuffs informal approach from Barrick Gold

Barrick made overtures to First Quantum in the last few months as part of its search for ways to expand in copper.

June 15, 2023

Aurubis welcomes investigation into organized theft ring

Some of the suspects were arrested and are now in custody.

June 14, 2023

Eldorado fully funded to complete Skouries build after EBRD investment

The project is expected to produce a total of 140,000 oz of gold and 67 million lb of copper per annum over a 20-year mine life.

June 14, 2023

Filo private placement balloons 30% to $97.5 million

Proceeds will be used for its Filo del Sol copper-gold project in the San Juan region of Argentina.

June 14, 2023

Codelco CEO leaves as copper giant faces lithium role, output slump

Codelco’s production has dropped more than 11% to a 25-year low in 2023, despite investing about $3.5bn a year to revamp its aging mines. 

June 14, 2023

Hudbay Minerals, Copper Mountain shareholders approve merger

Combined company will become Canada’s third largest copper miner, with an estimated 2023 production of 53,000 tonnes.

June 14, 2023

Cornish Metals to start dewatering South Crofty mine

The Canadian junior is targeting 2026 to re-open the past-producing tin-copper mine in Cornwall, England.

June 13, 2023

Copper market poised for unprecedented growth: Citigroup’s insights and predictions

Electric vehicles (EVs) require up to three times more copper compared to traditional internal combustion engine (ICE) vehicles.

June 13, 2023

Boliden to suspend operations at Irish zinc mine, sees Q2 setback

The Tara mine accounted for half of Boliden's zinc concentrate in 2022.