Panama says negotiations with First Quantum making headway
The main bone of contention centres on taxes and royalties the Canadian miner should pay to the government.
Latest Stories
Column: US tariffs on Russian aluminum risk more market fracture
Russian producers of industrial metals have largely evaded the official sanctions net since the invasion of Ukraine.
Torex Gold to spend up to $440 million on Media Luna project
The Mexican gold project was 15% complete by the end of 2022 and commercial production is anticipated in late 2024.
World’s largest zinc smelter sees opportunity in US energy bill
Korea Zinc is seeking to diversify into electric vehicle batteries and renewable energy sources.
MMG secures supplies to continue copper production at reduced rate in Peru
At normal times, the Las Bambas mine accounts for some 2% of the global supply.
US rare earth firm ropes in former top diplomat Pompeo as strategic advisor
Former Secretary of State Mike Pompeo has joined USA Rare Earth as a strategic advisor.
Russian metal makes up 42% of LME warehouses’ stocks – report
Last year, the LME decided not to ban Russian metal from being traded and stored in its system.
Canada to not permit sea floor mining without ‘rigorous’ regulations
Any decision on whether to allow seabed mining needed to be "informed by science" and protect ecosystems while also weighing economic and social effects, according to the joint statement.
Barrick’s gold reserves grow to 78 million oz. in 2022
Barrick’s profile as a copper producer is also growing.