Portugal PM quits over lithium project corruption probe
Antonio Costa has resigned amid an investigation into possible crimes of corruption in government involving lithium and hydrogen projects.
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Peru miners say copper output could climb without impact from protests
Victor Gobitz, president of SNMP, said 2024 output could hit 2.7-2.8 million metric tons.
Nascent recovery in Chilean copper mining is spluttering
October’s export revenue from copper fell 6.7% from September and 8.8% from a year ago.
Codelco cuts 2024 copper premium to China, changes contract structure
The miner has offered to sell copper at a premium of $89 a metric ton to major Chinese clients for its 2024 contracts, a drop of 36% from this year.
i-80 Gold has potential JV partner to advance base metals development at Ruby Hill
The deposits at Ruby Hill collectively represent one of the largest development-stage projects in Nevada, according to the company.
Iron ore price retreats as China’s bourse plans to limit trading volumes
Also weighing on sentiment was news of unseasonably cold weather and blizzards hitting northeast China.
What green energy transition? Half of mining still exploring for gold
New study shows a $1.1 billion drop in gold exploration budgets this year as juniors struggle to raise capital, but the precious metal still accounts for 46% of the total.
Peru mine spending at eight-year low signals copper tightening
Mining investment in Peru is expected to reach $3 billion to $3.5 billion in 2024, the country’s industry group SNMPE said.
Copper, cobalt supplies from Congo stranded by truckers’ strike
Already 2,700 trucks carrying around 89,000 metric tons of copper are stuck in Kolwezi.
