February 12, 2023 Freeport Indonesia suspends some work at Grasberg mine after floods The situation was under control, but the company gave no estimate of when operations would resume.
February 10, 2023 Mining loans seen passing $1 billion at biggest Congo bank Rawbank forecast its lending to DRC’s mining industry will jump more than 20% to over $1 billion this year.
February 10, 2023 Panama says negotiations with First Quantum making headway The main bone of contention centres on taxes and royalties the Canadian miner should pay to the government.
February 10, 2023 Torex Gold to spend up to $440 million on Media Luna project The Mexican gold project was 15% complete by the end of 2022 and commercial production is anticipated in late 2024.
February 9, 2023 MMG secures supplies to continue copper production at reduced rate in Peru At normal times, the Las Bambas mine accounts for some 2% of the global supply.
February 9, 2023 Russian metal makes up 42% of LME warehouses’ stocks – report Last year, the LME decided not to ban Russian metal from being traded and stored in its system.
February 9, 2023 Barrick’s gold reserves grow to 78 million oz. in 2022 Barrick’s profile as a copper producer is also growing.
February 9, 2023 Redwood Materials wins $2bn DOE loan for EV materials plant The funds will be used to build out a $3.5 billion recycling and re-manufacturing complex in Nevada.
February 9, 2023 CHART: Copper exploration budgets jump, but major discoveries elusive The increase in global copper resources is mostly from 1990s discoveries and the last decade of exploration has been particularly unrewarding, says new report.
February 9, 2023 Copper price extends gains on hopes for less aggressive interest rate increases Meanwhile, New York Federal Reserve President said that monetary policy will need to be restrictive of growth for a few years.
Copper price racks up longest rally since 2017 with bulls at the helm Futures have rallied by more than 40% this year, setting up the biggest annual advance since 2009. December 30, 2025 | 09:12 am