April 29, 2022

Codelco optimistic about copper price for 2022

The optimism stems from a global trend towards renewable energy transformation, in which copper is an essential metal.

April 29, 2022

Nexa production drops, but financial results rise in Q1

One of the largest zinc mining companies in the world, the company reported consolidated net revenue of $722 million, compared to $603 million in the same period of 2020.

April 29, 2022

Antofagasta opens remote operations centre at Centinela mine

The Chilean miner inaugurated this week a $66 million IROC for its Centinela copper mine in the country’s north.

April 29, 2022

Zambia’s ZCCM-IH to appoint adviser to restructure Mopani Copper Mines

Zambia took on $1.5 billion in debt to buy Mopani from Glencore in January 2021 and has been looking for a new investor for the mine since.

April 29, 2022

Chile’s March copper production falls 7.2%, manufacturing output up 3.3%

Both Anglo American and Antofagasta have reported drops in production due to water availability issues exacerbated by a historic drought that's affected the country for more than a decade.

April 29, 2022

Opinion: World lacks time, not minerals for climate-saving technology

The Russian invasion of Ukraine, covid-related supply chain disruptions, and rising inflation have all fuelled a narrative that the clean energy transition will be highly inflationary.

April 28, 2022

Peru police carry out second day of evictions at halted Las Bambas mine

Las Bambas suspended operations on April 20 after communities had settled inside the mine.

April 28, 2022

One by one, mega miners show why metals supply is so squeezed

Glencore Plc is the latest giant miner to pare back production forecasts, in what’s turning out to be a difficult start to the year for companies.

April 28, 2022

Glencore hails trading unit outlook, cuts copper guidance

It said earnings from its marketing unit will “comfortably” top the highest end of its guidance range of $2.2 billion to $3.2 billion.

April 27, 2022

Strong copper, coal prices power Teck Resources’ profit beat

Canada’s largest diversified miner beat market estimates for quarterly profit on the back of higher copper and coking coal prices.