October 5, 2022

Surging coal, lithium prices can’t stem sell-off in top 50 mining stocks 

World’s 50 biggest mining companies have shed $627 billion since hitting highs in March this year even as investors pile into the best performing sectors.

October 5, 2022

LME blocks new metal from Russia’s UMMC after UK sanctions

The move is by far the most significant restriction on Russian supplies by the world’s main metals market since the invasion of Ukraine.

October 5, 2022

Antofagasta CEO voices concern about recession hitting copper prices

Earlier on Wednesday the government cut its 2023 average price estimate to $3.62 per pound, from a previous estimate of $3.92 last July.

October 5, 2022

Copper price down on rate hike fears

Also undermining copper was news of a possible labor deal in a mandatory mediation process to avoid a strike at Los Pelambres.

October 5, 2022

Global copper smelting edges higher in Sept, satellite data shows

Weaker smelting activity in China was mainly behind the lackluster readings.

October 5, 2022

Sibanye-Stillwater eyes Zambia’s Mopani Copper Mines

The precious metals miner has expanded into battery metals including lithium and nickel through a string of recent acquisitions.

October 5, 2022

Pebble mine stakeholders up pressure as EPA’s final decision nears

EPA is making a final decision on the proposed Pebble copper-gold mine near Bristol Bay, Alaska, by Dec. 2.

October 4, 2022

Union at Antofagasta’s Los Pelambres mine expects labour deal to avoid strike

Talks formally begin on Wednesday.

October 4, 2022

Chile copper production down 10.2% in August

Production from state-owned giant Codelco fell 29.6% on a year-on-year basis.

October 4, 2022

Centerra Gold extends Mount Milligan mine to 2033

Total payable gold production would increase by 800,000 oz. and copper production by 191 million lb.