July 23, 2021

Cyberattack disrupts main African cobalt, copper export hub

Durban, the busiest shipping terminal in sub-Saharan Africa, was affected.

July 23, 2021

Rerating: Top 50 mining companies double in value from covid low

MINING.COM’s ranking of the world’s 50 most valuable mining stocks marched to a new high of $1.47 trillion at the end of the second quarter.

July 23, 2021

Tight battery market is next test for EVs after chip crisis

Rising demand from electric vehicles and challenges in securing raw materials will deliver a battery supply crunch for automakers, according to a key Chinese manufacturer.

July 23, 2021

Rio Tinto spending $108m to study going underground at Kennecott

Potential underground mining would occur concurrently with open-pit operations.

July 23, 2021

Newmont to decide on $2 billion Peru project by year-end

The project would allow operations at the massive Yanacocha gold mine in northern Peru’s Cajamarca region to continue beyond 2040.

July 22, 2021

Generation Mining maintains majority control of Marathon project

Sibanye-Stillwater has elected not to exercise its right to take up 51% ownership of the project.

July 22, 2021

South America’s left turn is bullish copper, top miner says

Freeport-McMoRan chief Richard Adkerson says he plans to work with the industry in Peru to engage with the incoming government of Pedro Castillo.

July 22, 2021

Copper price rises as China releases fewer metal reserves than expected

China will sell another 30,000 tonnes of copper, 90,000 tonnes of aluminum, and 50,000 tonnes of zinc from its state reserves on July 29.

July 22, 2021

Freeport-McMoRan profit beats estimates on higher copper prices

Company copper production increased about 19% to 913 million pounds.

July 22, 2021

Deep-South takes Namibia’s mining minister to court over licence refusal

Miner also seeks to prevent the government from granting exploration or mining rights over the same licence area to another company.