Long-term sustainability uncertain if Panama operations end, says First Quantum CEO
The company has notified buyers it will not be able to meet agreements due to force majeure.
Latest Stories
Gold price hits new all-time high
Gold futures trading in New York shot up 1.6% on Friday closing at $2,089.70 per ounce, surpassing the previous high set on August 6, 2020.
Founders Metals’ high-grade hits hint at Guiana Shield bounty for Antino project in Suriname
The junior miner is closing off the year with drill results as high as 13 metres at 14.03 g/t gold.
Fitch sees industrial metal prices falling in 2024, gold set to rise
London's 2024 benchmark copper price could slip 2% to $8,600 per metric ton, the firm said.
Peru mining output grows 3.14% in October, slowest in 8 months
Copper production was up 2.1% from the same month a year ago, while gold and zinc jumped 10.0% and 10.4% respectively.
Vale Base Metals in search of new CEO
Deshnee Naidoo will step down from her position as CEO effective March 31.
US gives $50 million boost to critical minerals investor TechMet
The backing from the US International Development Finance Corporation brings its total investment in the Dublin-based firm to $105 million.
Shares of Anglo American and Antofagasta rally after UBS upgrade
Anglo American shares surged 7.8% in London after UBS upgraded its rating from neutral to buy.
China lithium price poised for further decline in 2024 – analysts
Lithium carbonate prices in top consumer China could fall by more than 30% next year.
