February 22, 2022 Antofagasta profit, dividend hit records on soaring copper prices The copper miner's EBITDA increased about 80% to $4.8 billion in 2021, allowing it to pay the biggest dividend in its 134-year history.
February 22, 2022 South32 completes Sierra Gorda stake buy The $1.4 billion deal marks the miner's entry into the world’s largest copper-producing country ahead of a forecast demand boom.
February 21, 2022 China’s demand for metals has wavered as inventories pile up Copper held in warehouses tracked by the Shanghai Futures Exchange surged 28% last week and have more than quadrupled this year.
February 20, 2022 IGO wins auction for Glencore CSA Australia mine Glencore Plc’s CSA copper mine in western New South Wales is expected to be worth $718 million.
February 20, 2022 Congo nears deal with Israeli billionaire to recover assets The DRC is in negotiations with Dan Gertler’s Fleurette Group, which controls mining and oil permits throughout the Central African country.
February 20, 2022 Mitsubishi Materials, Freeport Indonesia expand copper smelter capacity The expansion will increase output capacity at the plant to 342,000 tonnes of copper cathode from 300,000 tonnes currently.
February 17, 2022 Amex closes financing for exploration at Perron gold project in Quebec The C$49.6 million bought-deal private placement is the largest financing in company history.
February 17, 2022 LME warehousers slash capacity as metal stocks drain away Exchange stocks have been draining away as pandemic demand recovery collides with disrupted supply chains across the base metals spectrum.
February 17, 2022 IGO gets Western Areas’ shareholder Wyloo nod for $790m bid Australian billionaire Andrew Forrest-backed Wyloo Consolidated will vote its 9.8% stake in Western Areas in favor of IGO's bid.
February 16, 2022 Newcrest first-half profit nearly halves on lower production, covid costs The gold miner posted an underlying profit of $298 million for the six months ended Dec. 31.
Codelco, SQM kick off lithium tie-up with board meeting The NovaAndino Litio company was established after an agreement signed in May 2024 and valid until 2060. December 29, 2025 | 07:59 am
