February 9, 2023

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.

February 9, 2023

CHART: Copper exploration budgets jump, but major discoveries elusive

The increase in global copper resources is mostly from 1990s discoveries and the last decade of exploration has been particularly unrewarding, says new report.

February 9, 2023

DeepRock Minerals options mineral claims near Sigma Lithium in Brazil

The property covers part of the Salinas formation, where Brazil's only lithium producer CBL has been mining spodumene for almost 30 years.

February 9, 2023

Future Mexican lithium tie-ups must give govt majority stake: LitioMx CEO

President Lopez Obrador created LitioMX, formally known as Litio Para Mexico, by decree last August.

February 8, 2023

General Motors competes for stake in Vale’s base metals unit

Automakers have been stepping up efforts to lock in supplies of nickel and copper.

February 8, 2023

Copper price rises on Fed’s comments

The dollar eased after Fed chair failed to offer fresh signs of a hawkish push-back against a resilient labor market in the US.

February 8, 2023

Sumitomo Metal raises FY profit forecast on higher prices

Company increased its forecasts for full-year net profit and dividend thanks to stronger-than-expected prices of nickel, copper and gold.

February 8, 2023

Glencore reopens Peru copper mine with extra security

Antapaccay, one of Peru's largest mines, remained shut for 11 days on security concerns following violent attacks by locals.

February 7, 2023

Miners face too many woes in emerging markets, Alamos CEO says

Panama’s tax dispute with First Quantum underscores increasing political risks mining companies face in some regions, CEO John McCluskey says.

February 7, 2023

Anglo CEO warns extreme weather threatens global mine supplies

The mining industry has been struggling to hit production targets, hurt by everything from floods and droughts to creaking infrastructure and political instability.