First Quantum credit outlook improves on Cobre Panama progress
S&P has revised the miner’s rating to positive from negative on improved liquidity and a likely 2026 restart of its key copper mine.
Latest Stories
China could lift coal output this year due to Indonesian curbs
Indonesia, the world’s biggest exporter of power station coal, flagged in early January that it’s looking to slash output by nearly a quarter.
Production at Codelco’s El Teniente mine to remain at lower level next 5 years, executive says
Codelco, the world's largest copper miner, had previously said that production would be hit for the next three years.
Seven killed in gold mine accident in eastern China, state media reports
The mine is owned by leading gold producer Zhaojin Mining Industry.
Angola’s Endiama seeks to raise diamond output further after 2024 record
Endiama's 2024 output made Angola the world's third-largest producer of rough diamonds by volume, behind Russia and Botswana.
JX Advanced Metals raises FY profit, dividend forecasts on higher copper prices
The Japanese company lifted its annual net profit guidance to 93 billion yen ($598 million) from its November estimate of 79 billion yen.
Diamond slump pushes Botswana to broaden mining base
Botswana is stepping up exploration beyond diamonds as weak prices and lab-grown rivals expose risks of reliance.
Zanaga Iron lines up $25M in deal with Red Arc
Binding term sheet offers staged funding, a path to majority control of the Zanaga project in DRC, and a 1% royalty.
OSMRE grants nearly $120M to reclaim abandoned US coal mines
There are estimated to be as many as 500,000 abandoned coal mines in the United States.
