July 29, 2021

Anglo American half-year profit best in its 104-year history

The diversified miner reported pre-tax profits of $10.1 billion for the six months to June, more than double what it made in 2020 as a whole.

July 28, 2021

CHARTS: Iron ore, copper price – shot… chaser

BMO Capital Markets this week made some changes to its metals and mining outlook for H2 2021, raising expectations pretty much across the board.

July 28, 2021

World’s top copper mine moves step closer to strike over wages

The powerful union at Escondida in Chile set to vote on BHP's contract offer between Thursday and Saturday - leaders are urging a strike.

July 28, 2021

First Quantum shelves plan to sell stake in Zambian copper mines

China’s Jiangxi Copper had been speculated as a potential suitor for minority interests in First Quantum’s Kansanshi and Sentinel mines.

July 28, 2021

Rio Tinto pays $9.1 billion dividend as profit hits record

Rio Tinto is the first of the majors to post earnings, kicking off a reporting season that’s expected to see record results across the board.

July 28, 2021

Rising supply to push copper price further below record peak

Experts say large brownfield and greenfield projects close to being commissioned or are already ramping up will hit copper prices.

July 28, 2021

Bandits steal truckloads of copper worth millions in southern Africa

Crime gangs have stolen dozens of truckloads of copper owned by miners and traders including Glencore, Trafigura and Traxys this year.

July 27, 2021

Chile environmental regulator files charges against Lundin’s Candelaria mine

Copper-gold mine could receive a fine of up to about $23 million, see its environmental credentials revoked or have to close down.

July 27, 2021

Teck shares in the red on Q2 earnings miss

Teck revenues get a shot in the arm from record Q2 copper prices.

July 27, 2021

Rio Tinto faces UK finance watchdog probe into value of Oyu Tolgoi

The expansion of the Mongolia mine, Rio's biggest copper growth project, has seen costs balloon up to $6.75 billion.