August 5, 2022

Turquoise Hill flags $200 million cost increase at Oyu Tolgoi

The miner, which had $500 million in cash at the end of June, said the impact of additional delays will be known before the end of September.

August 5, 2022

EV sales expected to surpass 2021’s figures despite supply chain disruptions – report

IDTechEx expects the electric car market to surpass 2021 sales of ~6.4 million, as sales for the first half of the year have already reached 3.5 million.

August 5, 2022

Anglo American to appeal El Soldado project rejection

Despite having the backing of the country’s top environmental evaluation authority, the permit for El Soldado Phase V project was declined.

August 4, 2022

Copper price rebounds as weaker dollar spurs short-covering

Copper has lost nearly 30% since hitting a record high of $10,910 a tonne in March.

August 4, 2022

Copper worth nearly half a billion dollars goes missing in China

A group of companies is investigating why a commodities storage site is holding only one-third of the copper concentrate they were financing.

August 4, 2022

New ways to deal with arsenic in Chile’s copper mines

Chile is encountering a growing number of sulfur-based ore layers containing toxic arsenic in its copper mines.

August 4, 2022

Glencore profit more than doubles thanks to soaring coal price

The firm’s coal division generated earnings of $8.9 billion in the first six months of the year as prices for the fossil fuel have soared.

August 3, 2022

Codelco reports accident at mine where worker died last month

Although no one was hurt in Wednesday's "operational incident," Codelco said it had launched an investigation to determine the cause.

August 3, 2022

Zambia’s growth target shaky as copper output drops, prices plunge

Output fell 7.4% to 364,089 tons in the first half of 2022, data from the Zambia Chamber of Mines showed.

August 3, 2022

Seabridge Gold PEA outlines standalone underground mine plan at KSM in British Columbia

The PEA outlines primarily an underground block cave mining operation supplemented with a small open pit, and is planned to operate for 39 years with a peak mill feed production…