Codelco launches austerity plan after lower production forecasts
The state-owned miner cut its 2022/23 production goal in October, amid lower prices and poorer ore grades.
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Panama aims for ‘fair’ deal with First Quantum
The Cobre Panama mine is considered the largest private investment in the Central American country.
Rio Tinto venture makes strategic investment in Regulus Resources
The Rio Tinto investment follows a $5 million investment by Osisko Gold Royalties in mid-October.
Ecuador signs investment contract with Solaris on Warintza project
The investment contract ratifies the Investment Protection Agreement announced in June and “significantly” de-risks Warintza.
Triple Flag acquires royalty on polymetallic Thunder Bay North project
Triple Flag is acquiring up to a 2.5% NSR royalty for $15 million on the platinum, palladium, copper and nickel project.
Vital Metals pivots to Nechalacho permitting as Saskatchewan plant costs double
The company announced it will defer completing the facility's rare earth hydrometallurgical leaching, purification and rare earth precipitation circuits until 2024.
Gold price edges higher as US inflation data shows signs of cooling
"With inflation close to being in line with expectations, gold prices were higher on fresh speculative buying ahead of the new year on bets that the bigger funds might move to the long side of gold."
Copper price rises on hopes for better demand in 2023
While some analysts expect the metal to rise towards record highs in 2023, weakening economic growth has pulled prices down 14% this year.
JX Nippon to produce tantalum at Brazil’s Mibra mine
The joint venture of JX Nippon Mining and Brazil's AMG Brasil will start producing tantalum concentrate from ore in January.
