ACG completes acquisition of Gediktepe mine in Türkiye Gediktepe is currently producing gold and silver from oxide ore, but is expected to transition to primary copper and zinc production from 2026. Staff Writer | September 4, 2024 | 4:02 pm
Vale Base Metals begins dismantling structures at Copper Cliff smelter complex in Sudbury Dismantling of the copperstack and superstack marks the final chapter of the Clean AER project, VBM said. Staff Writer | September 4, 2024 | 2:48 pm
Carlyle’s Currie sees copper price capped at $9,500 on China demand The red metal has fallen 19% from May’s all-time high of $11,104.50, pressured by bloated inventories and signs that consumption in China is soft. Bloomberg News | September 4, 2024 | 9:42 am
Ivanhoe Mines’ Kamoa-Kakula achieves record copper production in August Copper complex in the DRC achieved a monthly production of 40,347 tonnes of copper in concentrate in August. Staff Writer | September 4, 2024 | 9:38 am
LME seeks to boost electronic trading, reassure physical users The measures attempt to navigate a recurring tension between traditional physical users and the financial community which prefers electronic trading. Reuters | September 4, 2024 | 7:07 am
Glencore’s Peru boss Soyer to step down after Volcan sale Glencore's head of Peruvian operations is stepping down from her position. Reuters | September 4, 2024 | 7:04 am
Codelco bids $500 million for stake in key Chile copper mine The proposal to acquire a 10% stake in the Quebrada Blanca mine from fellow state firm Enami is reportedly before the latter’s board. Bloomberg News | September 3, 2024 | 4:15 pm
Guest Column: Critical minerals, Western security and the case for US leadership The International Energy Agency estimates an extra $800 billion of investment in new mining projects is needed by 2040 to meet the 1.5 °C target. Dominic Raab | September 3, 2024 | 12:14 pm
US-backed Angola rail plan secures $200 million from key bank The Development Bank of Southern Africa has approved as much as $200 million for the Lobito corridor rail project. Bloomberg News | September 3, 2024 | 10:56 am
