Kamoa-Kakula is now world’s third-largest copper mining complex Ivanhoe Mines has achieved first concentrate production at the Kamoa-Kakula operation’s Phase 3 concentrator. Staff Writer | June 11, 2024 | 9:58 am
Group Eleven shares leap on high-grade zinc-lead hits at Ballywire in Ireland One hole returned 29.6 metres grading 4% zinc, 6.6% lead, 78 grams silver per tonne and 0.15% copper from 283.4 metres depth. Blair McBride | June 11, 2024 | 8:49 am
Anglo Asian nets $5 million prepayment from Trafigura for copper sale Anglo's Azerbaijan-based subsidiary will receive $3 million immediately and a further $2 million upon resumption of flotation processing. Staff Writer | June 11, 2024 | 8:12 am
Indonesia considers terminating permits for some nickel pig iron production The world's biggest nickel producer is experiencing a rapid depletion of ore after a surge in downstream investment. Reuters | June 11, 2024 | 7:48 am
Iron ore price tumbles to 2-month low on concerns over weakening China demand Iron ore supply has risen while demand has softened and showed little room for improvement, Sinosteel Futures said. Reuters | June 11, 2024 | 7:45 am
New-look Polymetal aims to double gold output with Central Asia M&A The company may also look to enter new markets in Saudi Arabia and Oman. Reuters | June 11, 2024 | 7:40 am
AI helps quickly develop rare earth-free permanent magnet MagNex is a new rare earth-free permanent magnet that can be produced at 20% of the material cost of existing REEs magnets. Staff Writer | June 11, 2024 | 6:06 am
Lawsuit targets Adventus and Salazar’s Ecuador project permit A group of locals has requested a provincial judge to scrap the environmental permit for the miners’ Curipamba-El Domo copper-gold project. Cecilia Jamasmie | June 11, 2024 | 5:24 am
Gemfields picks ex-De Beers boss Bruce Cleaver as new chair Bruce Cleaver, who was at the helm of De Beers for seven years to 2023, takes the position effective July 1. Cecilia Jamasmie | June 11, 2024 | 3:53 am