December 4, 2018

Copper deals to get elusive after Teck’s $1.2 billion sale

The expansion of the mine, which will require an estimated investment of $4.7 billion, is set to start producing in 2021 and could double Teck’s copper business.

December 4, 2018

Miramont gets green light to start drilling at Peruvian project

The Vancouver-based miner anticipates drilling to begin early in the New Year.

December 4, 2018

Teck chooses Sumitomo to develop Chilean copper project in $1.2B deal

Sumitomo Metal Mining and Sumitomo Corp. will pay $800 million earn-in contribution and $400 million matching contribution for a third of Teck's 90% interest in Quebrada Blanca mine.

December 3, 2018

Trade truce lights fire under mining stocks

Relief that an escalation in the trade war between the US and China has been avoided – at least for now – sparked a huge rally in mining stocks on…

December 3, 2018

Glasenberg says he’ll stay for 3 to 5 years: Glencore Update

"When I go I hope it’ll be a 45-year-old who’ll take over," Glasenberg said

December 3, 2018

China copper premiums slump to 18-month low as demand wanes

The premiums, paid on top of benchmark three-month London Metal Exchange (LME) prices, fell 10.7% from Friday's levels to $62.50 a tonne, the lowest since June 2017.

December 3, 2018

Trade war relief for metals, but bull-bear battle rages on: Andy Home

The macro picture may have brightened just a little after the weekend meeting of the U.S. and Chinese presidents, but signs the global economy is losing momentum, do not bode…

December 3, 2018

Nautilus setting JV to secure support vessels for Solwara 1 project

The support ship will be used at the company's Solwara 1 gold, copper and silver project, off the coast of Papua Guinea, set to be the world’s first commercial deep-sea…

December 3, 2018

Congo state miner in production-sharing deal with Chinese firm

Production sharing agreements align the interests of the two partners because the risk now weighs more on the investor than on Gecamines.

December 3, 2018

Boreal completes drill campaign at Norway copper-gold project

The campaign was carried out at the Burfjord project, located near Kåfjord, in northeastern Norway.