February 21, 2023

Copper price rises despite weak Chinese demand

Demand recovery is expected in mid or late-March, according to some market participants.

February 21, 2023

Antofagasta slashes annual dividend after profit falls

Antofagasta declared a final dividend of 50.5 cents per share for investors.

February 21, 2023

Uganda to set up state mining firm, take equity in licences

Country has large deposits of a gold, cobalt, copper, iron ore, rare earths, vermiculite and phosphates.

February 21, 2023

Teck Resources to become Teck Metals as it spins off coal unit

Teck's multibillion-dollar steelmaking coal unit will be an independent publicly-listed firm called Elk Valley Resources Ltd.

February 20, 2023

Deep-sea mining would impact ecosystems beyond those in targeted areas – report

Researchers found that the destruction of key hydrothermal vents by deep-sea mining could have knock-on impacts on vent fields hundreds of kilometres away.

February 19, 2023

Rambler pauses copper-gold mine in Newfoundland amid financial restructuring talks

Earlier this month, the company also defaulted on its gold purchase and sale agreement with Elemental Altus Royalties.

February 17, 2023

First Quantum sets Feb. 23 as date to halt Panama operations amid dispute

Company approaches a "critical point" of copper storage capacity after the government suspended its loading permissions at a port.

February 17, 2023

Ecuador mining export revenues jump nearly 33% in 2022

The Andean nation has abundant mineral reserves, but has lagged regional neighbors like Peru and Chile in large-scale mining development.

February 17, 2023

Congo watchdog wants billions of dollars more From China infra deal

Congo hasn’t been adequately compensated for the copper and cobalt reserves it contributed to the venture, the General Inspectorate of Finance said.

February 17, 2023

Governments will need to support copper recycling – Macquarie

Higher prices and more government support will be needed to ease the next copper shortfall, according to the bank.