May 22, 2020

Chinalco proposes curbing China’s copper capacity

Country’s lawmakers are gathered in Beijing to decide policy objectives and economic targets for the year.

May 22, 2020

China Moly’s Congo copper-cobalt mine expects stable output this year

In 2019 Tenke Fungurume produced 177,956 tonnes of copper and 16,098 tonnes of cobalt.

May 22, 2020

Fortescue Metals ups stake in Candente Copper

Fortescue now owns almost 20% of Candente, which is advancing a large scale open-pit copper project in Peru.

May 21, 2020

Rockcliff hits near-surface copper and zinc at Freebeth

Drilling in Manitoba has returned high-grades including 5.28% copper equivalent over 2.3 metres and 4% copper-equivalent over 4.7 metres.

May 21, 2020

In the coming renewable energy boom, Australia is once again the “lucky country”

The country ranks highly in the annual Fraser Institute survey of mining companies for investment attractiveness.

May 21, 2020

Hudbay expects delay to Peru copper expansion

Company expects a delay of up to four months before it can start mining an extension at its Constancia mine.

May 21, 2020

Rio Tinto preps plans for 2020 at Janice Lake

Rio can earn an initial 51% in Janice Lake by spending C$10 million on exploration over four years.

May 21, 2020

CHART: Mining exploration spending to drop 29% this year

The rally in the gold price will not be enough to prevent 2020 turning into the worst year in 15 for global exploration spending.

May 20, 2020

CHART: Mining’s covid-19 capital spending cuts top $6bn

And 2020 copper production forecasts have been trimmed by nearly 400,000 tonnes due to covid-19 disruptions and delays.

May 20, 2020

Rio Tinto’s Kennecott starts drilling at Frisco

Kennecott will spend an initial $6 million on exploration to gain a 55% interest in the project.