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.
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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.
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.
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.
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.
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.
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.
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.
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.
