Poland’s KGHM focused on balance sheet, not dividends

The company will make an investment of $12 million to redouble its efforts in Peru.

The world's largest copper producer will meet its financial obligations despite headwinds from operational problems and high levels of debt and investments, JPMorgan said.

The permit was for the Torr Metals' Latham copper-gold claim north of the Red Chris mine.

Canada in 2022 asked three Chinese companies to sell their stakes in Toronto-listed lithium explorers after a national security review.

The company expects first drawdown to occur in early to mid-Q4 2023.

The Financial Times reported the metal was sold by UAE-based entity Haldivor Energy and exported through Turkey to Italy’s Livorno port.

The project will be developed by privately held Congolese firm Buenassa Sarl and is expected to cost $350 million.

Under the bill, large-scale metallic mining operations within mineral reservations shall be subject to a royalty rate of 4% of the gross output.

William Oplinger, chief operations officer, is the natural successor.