Argentina’s Mendoza province approves $559M copper mine
The Cobre Mendocino mine is expected to produce 40,000 tonnes of copper concentrates annually.
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USA Rare Earth brings forward commercial production plans by two years
First production could begin late 2028, company said.
Falling inventory behind silver price surge: Sprott
Analysts led by Paul Wong wrote that the global silver inventory has reached a point where any further demand is "creating price convexity".
Panama to channel $29M from First Quantum’s mine to public works
Panama will put mine royalties obtained from Cobre Panama mine's copper to work while the operation’s fate hangs in the balance.
Indonesia sets rules to fine miners operating in forest areas
Earlier this week, the task force ordered dozens of companies in palm oil cultivation and mining to pay fines totalling 38.62 trillion rupiah.
Gold price rally drives global surge in illegal mining
Artisanal and small-scale gold mining has likely risen to about 30% of global supply, the World Gold Council estimates.
Indonesia to levy gold export duties from December 23
Minted bars will face the lowest duties, while the highest duties are set for dore, or semi-pure ingots.
Kazakhmys says it will have new controlling shareholder
Company ranks 20th in the world in terms of copper concentrate production.
Australia’s mining competitiveness at risk from excessive regulation, says Rinehart
She pointed to a 2024 report by the Minerals Council of Australia that estimated 80% of potential mining projects are abandoned.
