Heavy rains in Chile cause floods, shut down some copper mines Work at the company’s Andina mine is currently suspended, Codelco said. Bloomberg News | June 23, 2023 | 12:05 pm
Mining deal-making declines, but Beaty and others see opportunities As the value of mining industry mergers and acquisitions falls from last year’s high, some investors see divergent trends moderating conditions. Colin McClelland | June 23, 2023 | 10:40 am
The China-driven metals ‘super cycle’ is over, Jefferies says Asia’s largest economy has been a crucial support for metals markets over the last two to three decades. Bloomberg News | June 23, 2023 | 10:10 am
Copper price falls on hawkish rate hikes, strong dollar Declining stocks have heightened market concern about the availability of copper. MINING.COM Staff Writer | June 23, 2023 | 9:50 am
US Senate overwhelmingly backs tax treaty with Chile Without it, taxes on US companies with Chilean operations could climb to more than 44%, the business group said. Reuters | June 23, 2023 | 9:35 am
Billionaire Friedland says US must brand copper a critical metal Friedland, who’s behind the discovery of some of the world’s biggest copper deposits, has long championed the importance of the metal. Bloomberg News | June 23, 2023 | 9:34 am
Newcrest seeks to address gold mine air pollution after warning Newcrest was fined A$15,000 last August for failing to effectively mitigate dust pollution at Cadia. Bloomberg News | June 23, 2023 | 9:18 am
Stillwater Critical Minerals welcomes Glencore as major investor, stock jumps Glencore would hold a 9.99% equity interest in Stillwater upon completion of a private placement. Staff Writer | June 23, 2023 | 8:49 am
TIMELINE – LME’s nickel crisis: major developments since trading halt Exchanges are in an uncomfortable wait for the outcome of a lawsuit by two financial firms against the LME. Reuters | June 23, 2023 | 8:33 am