December 16, 2022

Rio Tinto secures direct control of Oyu Tolgoi mine

Rio Tinto now has a 66% direct ownership over the world’s largest known copper and gold deposit, located in Mongolia.

December 16, 2022

Panama to shut down First Quantum’s giant copper mine

Moves comes after the Canadian miner missed a deadline to finalize a deal that would have increased payments to the government from the mine.

December 15, 2022

Police searched Ivanhoe Mines’ Vancouver office as part of Swiss bank transfer investigation

Police searched Ivanhoe's Vancouver office seeking information on $2.7 million in bank transfers related to its copper operations in the DRC.

December 15, 2022

Barrick Gold to go ahead with $7bn Reko Diq project in Pakistan

Top court has cleared the path for Barrick Gold to build the massive Reko Diq copper-gold mine.

December 15, 2022

Marimaca Copper stock rises as company drills first significant sulphides in Chile

Drill hole MAD-22 returned 92 metres at 2.11% total copper from 140 metres.

December 15, 2022

Goldman says commodities will gain 43% in 2023 as supply shortages bite

The bank sees copper jumping to $10,050 a tonne from around $8,400.

December 15, 2022

First Quantum and Panama fail to reach agreement over giant copper mine

Collapse of talks over a new royalty payment structure has triggered fears the company's Cobre Panamá mine could be nationalized.

December 15, 2022

Eldorado Gold board okays Skouries gold-copper project restart

Eldorado’s focus now shifts to project execution, with first production at the mine expected in the second half of 2025.

December 15, 2022

Fortescue ups stake in Candente Copper with $2.9m investment

The Australian iron ore producer will now have 25.4% stake in the Canadian junior, which is advancing the Cañariaco copper project in Peru.

December 14, 2022

Ivanhoe Electric turns to Arizona for new headquarters

Ivanhoe Electric owns or holds stakes in nine electric metals developments across the US, including the Santa Cruz copper project in Arizona and its Tintic project in Utah.