July 29, 2022

Glencore flags cash tied up in record trading profits

The world’s biggest commodity trader is expected to report record profits next week, driven by surging thermal coal prices and record trading returns.

July 29, 2022

Eldorado Gold operating costs up more than 20% in Q2

The Canadian gold miner saw cash operating costs for the second quarter jump by 22%, while costs per ounce sold increased by 9%.

July 28, 2022

Copper producers step up campaign against Chile royalty proposal

Anglo American Plc indicated it needs greater regulatory clarity before proceeding with major investments.

July 28, 2022

Anglo American’s new boss sounds warning on future copper supply

The world is headed for a severe shortage of copper as new mines become increasingly difficult to build, said Duncan Wanblad.

July 28, 2022

If Brazil legalizes more Amazon mining, it would drive deforestation, study says

Building new roads to reach mines would allow illegal loggers, land grabbers and ranchers easier access to relatively untouched parts of the forest, study says.

July 28, 2022

Anglo American cuts dividend as inflation, extreme weather erode earnings

Anglo joined rival miners, including Rio Tinto and Freeport-McMoRan, in reporting lower profits.

July 28, 2022

Chile mining industry must improve safety standards, regulator says

Twelve people died in mining accidents in Chile in 2021.

July 27, 2022

Grupo Mexico expects further drop in copper production for Chile and Peru

The decrease in US copper demand and conflicts in Peru's Las Bambas mine were among the risks.

July 27, 2022

NorthWest Copper lifts Lorraine copper-gold resource

The inferred resource is 45.2 million tonnes for 427,931 lb. of metal grading at 0.43% copper and 0.50% copper-equivalent.

July 27, 2022

China’s hunger for commodities is wavering after years of growth

China’s imports of key commodities face some mighty headwinds in the second half.