May 4, 2023

Cutifani eyes IPO for Vale’s base metals business

The incoming chair of Vale's newly created base metals business said he wants to focus on margins and marketing.

May 4, 2023

Rio Tinto under ‘immense pressure’ to develop US copper project

Pressure was coming from "parts of the US government," chair Dominic Barton said.

May 4, 2023

Cochilco raises 2023 copper price forecast to $3.90/pound

According to Cochilco, the world market for refined copper will have a deficit this year of 67,000 tonnes.

May 4, 2023

Nevada regains position as most attractive mining jurisdiction

The Fraser Institute's Annual Survey of Mining Companies places Western Australia second, and the Canadian province of Saskatchewan third.

May 3, 2023

Newcrest board backs $19.5 billion Newmont takeover

The due diligence period on the offer ends May 11.

May 3, 2023

Barrick CEO Bristow rails against Ottawa’s interference in Canadian mining industry

Barrick CEO Mark Bristow is refusing to shut the door on accepting new investment from state-controlled Chinese companies, and questioned the move by Canada and the US to clamp down on…

May 3, 2023

Copper price is set to close at its lowest level since January 5

A Reuters poll showed that prices are due to recover slightly, supported by low inventories.

May 3, 2023

Barrick CEO says he has ‘no intention’ of pursuing Teck deal

“We’re certainly learning from it and watching how that progresses,” said Mark Bristow.

May 3, 2023

Copper mine flashes warning of ‘huge crisis’ for world supply

Wood Mackenzie estimates a greener world will be short about six million tonnes of copper by next decade.

May 3, 2023

Freeport Indonesia must divest additional 10% stake to govt, says minister

Freeport will also be required to build a smelter in Papua.