May 15, 2019

Trump administration opens up Minnesota wilderness area to copper mining

The U.S. Interior Department on Wednesday renewed two mineral leases near the Boundary Waters Wilderness area in Minnesota.

May 15, 2019

Aurubis confirms bleak profit outlook on lean markets, shutdowns

Europe's largest copper producer expects operating pre-tax earnings in its 2018/19 fiscal year to fall significantly by more than 15% compared with the previous year.

May 15, 2019

Ivanhoe Mines secures full financing for first two mines in Congo

Ivanhoe can now finance Kakula and Kipushi mine to commercial production, and significantly advance, or achieve, production at the company’s Platreef Project in South Africa.

May 14, 2019

Orvana squeaks out $3m profit in Q2, moves into Argentina

The company recorded net income of $3.3m on $36m in revenue during the past quarter, compared with a net loss of $3.5m on $37m in revenue during the year-ago quarter.

May 14, 2019

Over 40% of minority shareholders of Turquoise Hill oppose independent directors

Sailingstone, its second biggest investor, flagged its vote in an open letter last month, citing governance issues and the board's lack of engagement with minority investors.

May 14, 2019

Barrick Gold prepping sale of Zambian copper mine in H2

The world's second largest bullion miner is preparing its Zambian copper mine Lumwana for sale in the second half of 2019, looking to target Chinese buyers.

May 14, 2019

BHP to keep Nickel West, Rio looks to Jadar lithium for battery boom

The biggest mining companies say they are well positioned to provide the metals needed for the shift to EV technology.

May 14, 2019

White Metal to purchase four copper properties in Namibia

The licenses the miner is acquiring cover historical copper-silver resources in the Kalahari Copper Belt and the Kaoko Belt.

May 13, 2019

Copper, nickel, zinc prices sink on China car sales, trade war

Near 17% decline in Chinese car sales in April – the 11th monthly drop in a row – compounds impact of Washington-Beijing trade salvoes.

May 13, 2019

Volkswagen to make batteries in Germany, slim down

Volkswagen will invest almost 1 billion euros ($1.1 billion) in battery cell production at a facility in western Germany.