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.
February 9, 2023 Hindalco posts 63% slump in Q3 profit, sees “much better” Q4 Profit more than halved at Hindalco's aluminum upstream segment, which includes bauxite and coal.
February 9, 2023 Ivanhoe Mines seeking strategic partner to mine more copper in Congo The company's founder, Robert Friedland, said he might bring in a minority partner to help develop DRC copper assets.
February 8, 2023 General Motors competes for stake in Vale’s base metals unit Automakers have been stepping up efforts to lock in supplies of nickel and copper.
Codelco, SQM kick off lithium tie-up with board meeting The NovaAndino Litio company was established after an agreement signed in May 2024 and valid until 2060. December 29, 2025 | 07:59 am