August 26, 2022

Codelco names Andre Sougarret as new CEO

The world's largest copper producer named Andre Sougarret as its new chief executive.

August 26, 2022

Nevada Copper unveils restart and financing plan for Pumpkin Hollow

The restart plan involves de-bottlenecking and completing critical capital projects and building up stope ore inventory to achieve a more efficient ramp up.

August 26, 2022

Copper price rises on China demand optimism

Copper has rebounded by 17% since touching 20-month lows on July 15.

August 26, 2022

Oz Minerals vows to double copper production as profit falls

The Australian miner knocked back a takeover bid from BHP Group earlier this month.

August 26, 2022

Chinese copper giant Maike seeks help with liquidity issues

BHP Group is among suppliers that are diverting shipments away from Maike for now.

August 26, 2022

Codelco lowers 2022 copper production outlook

World’s largest copper producer blaming lower recovery levels and ore grades at the Chuquicamata site, as it also deals with fatal accidents halting some construction works.

August 25, 2022

Tesla’s battery metals bill balloons to $100 billion

Raw material costs have more than doubled since Elon Musk said Tesla will produce 20 million vehicles per year before 2030.

August 25, 2022

Peru lowers 2022 growth forecast and abandons mining tax hike plan

The new forecast is significantly higher than the Refinitiv average of 2.6% but is lower than the 3.6% the ministry had last forecast in May.

August 25, 2022

Robert Friedland’s Ivanhoe Electric one of three finalists for Saudi Arabia project

Kingdom passed a new minerals investment law last year and provided 13 reconnaissance licences, 133 exploration licences and eight exploitation licences.

August 25, 2022

Anglo American Chile’s CEO resigns, interim chief named

Aaron Puna will be temporarily replaced by the head of the firm’s Los Bronces mine, Patricio Hidalgo.