Teck hits record copper production on Quebrada Blanca ramp-up Production of the metal surged 58% to 103,000 tonnes in Q4 2023 as the mine was operating near design throughput capacity by year-end. Cecilia Jamasmie | February 22, 2024 | 5:51 am
Newmont to sell six non-core assets in Canada, Australia The world's largest gold miner will use proceeds to cut debt, which stood at $8 billion at the end of 2023. Cecilia Jamasmie | February 22, 2024 | 4:03 am
Zinnwald lithium project in Germany now 2nd largest in EU The project's mineral resources estimate has increased 445% since the previous report, released in late 2018. Cecilia Jamasmie | February 21, 2024 | 10:01 am
Sibanye-Stillwater flags $2.5bn write-down on metals prices collapse Miner expects to report a 91% drop in annual profit for 2023 due to a sharp decline in metals prices and operational problems. Cecilia Jamasmie | February 21, 2024 | 5:52 am
First Quantum inks $500 million copper deal with Jiangxi amid Panama mine struggles Jiangxi Copper, the Canadian miner’s top shareholder, will receive 50,000 tonnes of copper anode per year from mines in Zambia. Cecilia Jamasmie | February 21, 2024 | 3:47 am
KoBold Metals expands Zambia footprint with Midnight Sun deal KoBold aims to earn a 75% interest in the Dumbwa portion of Solwezi, after forming a JV with the Canadian miner. Cecilia Jamasmie | February 20, 2024 | 5:43 am
Osino-Dundee deal falls through after third-party superior bid The new bid values Osino at $213 million and includes a $10m loan to fast-track the development of the Twin Hills gold project in Namibia. Cecilia Jamasmie | February 20, 2024 | 3:25 am
Côté mine in Ontario to enter production next month, IAMGOLD says Côté Gold will be the third largest gold mine in Canada with an expected mine life exceeding 18 years, the company said. Cecilia Jamasmie | February 16, 2024 | 8:54 am
Peru approves $2 billion Antamina copper mine expansion Long-awaited permit will extend the life of Peru's largest copper mine, co-owned by Glencore, BHP, Teck and Mitsubishi, from 2028 to 2036. Cecilia Jamasmie | February 16, 2024 | 5:28 am
First Quantum exercises option over two licences as it looks to expand in Zambia The Canadian miner has not yet earned a stake in African Pioneer Zambia, the company that holds the copper licences. Cecilia Jamasmie | February 16, 2024 | 3:24 am
