January 4, 2023

Chile mining royalty bill progresses after committee approves

The bill now passes to a Treasury commission, where it will again be reviewed and need approval before it goes to a final vote.

January 4, 2023

Copper price falls on demand fears

Surging covid cases in China after the easing of restrictions have reinforced worries about demand.

January 4, 2023

Nexa Resources halts Peru zinc mine due to blockade

The obstruction of the road to access the mine has not have a material impact on Atacocha´s production to date, Nexa said.

January 3, 2023

Copper Mountain Mining’s IT systems seized in malicious malware attack

The company isolated operations, switched to manual processes, and the mill has been preventatively shutdown to determine the effect on its control system.

January 3, 2023

Copper price down as China’s manufacturing activity contracts

China's manufacturing sector activity contracted at a sharper pace in December as surging infections disrupted production.

January 2, 2023

Panama president says final contract to First Quantum has been presented

President Laurentino Cortizo said on Monday the government has presented a final contract to regulate operations.

January 2, 2023

Panama rejects First Quantum’s legal bid to avoid halting operations

First Quantum had notified the country about two arbitration proceedings days after the order to halt operations.

December 30, 2022

Battery metal binge outweighs cost hikes at PolyMet copper-nickel project in Minnesota

Developing the first phase of the NorthMet open-pit operation about 100 km north of the Lake Superior port of Duluth is forecast at $1.2 billion.

December 30, 2022

Chile copper production down 5.5% in November

The drop in copper output was partly due to lower ore grades and operational problems affecting major companies in the sector. 

December 30, 2022

Coal, gas lead 2022 commodities rally

Industrial metals and iron ore are on track to finish in negative territory.