March 14, 2023

Ivanhoe Mines posts near tenfold profit increase in 2022; stock rises

The company posted a record profit of $434 million for 2022.

March 14, 2023

Rio Tinto sees robust short term outlook for copper

The miner started this week the underground phase of the Oyu Tolgoi mine in Mongolia.

March 13, 2023

Rio Tinto starts underground production at Oyu Tolgoi

It is expected to become the fourth-largest copper mine in the world by 2030.

March 11, 2023

Panama gives First Quantum go-ahead to operate port terminal

Panama's Maritime Authority has lifted a suspension on First Quantum's operations at the port of Punta Rincon.

March 10, 2023

Panama minister expects contract with First Quantum will get green light

The contract meets "the best interests for the country," Minister Federico Alfaro told Reuters.

March 10, 2023

Electra Battery upgrades Iron Creek cobalt-copper resource, paving the way for PEA

Resources at the Idaho project in the indicated category are estimated at 4.4 million tonnes grading 0.19% cobalt and 0.73% copper.

March 10, 2023

ArcWest shares jump on Freeport earn-in deal as majors eye British Columbia copper

Freeport will be able to earn up to 80% of ArcWest’s Todd Creek project.

March 9, 2023

Peru mining firms’ logistics at risk from extended protests, analyst says

Fitch Ratings warned of possible lack of supplies and issues transporting ore to ports.

March 8, 2023

Trafigura CEO says tight metal supply threatens green transition

The world’s biggest copper trader has been vocal in warning that higher prices will be needed to incentivize miners to bring new production online.

March 8, 2023

BHP eyes copper, nickel projects as it bypasses lithium

BHP expects global copper and nickel supplies to remain below demand as few new mines for either metal are coming online in the near future.