Freeport cranks up copper output as rivals scour for deals to grow
Freeport expects to produce 800 million pounds of copper annually as soon as 2027.
Latest Stories
Major copper discoveries scarce as industry shuns greenfield exploration — report
Only 14 of the 239 major deposits since 1990 were from the past decade, according to S&P Global.
India’s iron ore production jumps by 7.4% in April-August
Iron ore accounts for 70% of the total mineral production by value in India.
Tanzania orders gold dealers to reserve 20% for purchase by central bank
In the 12 months to June, the central bank bought 418 kg of gold to beef up its reserves.
Mali junta arrests four employees of Barrick Gold
The junta has sought to channel a greater share of gold revenue to state coffers.
Panama eyes export of First Quantum’s stockpiled copper
Shuttered Cobre Panama mine had accounted for about 1.5% of global copper production and about 4% of Panama’s gross domestic product.
Darwin Financial reaches $55m deal to revitalize historic California critical minerals mine
The Darwin project aims to revitalize a historically significant mining operation with over $749 million previously invested in existing infrastructure.
Money managers’ bullish bets on gold jump to four-year high
The precious metal reached an all-time high of $2,685.58 an ounce this week.
Gold repatriation shifting from north to south
Central banks continue to accumulate gold at record levels.
