Zambia sees KoBold spending $2.3 billion on giant copper mineThe Bill Gates-backed company aims to produce more than 300,000 metric tons per year at Mingomba.Bloomberg News | June 7, 2024 | 7:50 am
China May rare earth exports jump 36% y/y on restockingChina accounts for 70% of rare earths mining globally and…Reuters | June 7, 2024 | 7:28 am
Codelco targets 2030 start at Maricunga lithium projectConstruction at the project, dubbed “Paloma”(dove), is expected to start…Cecilia Jamasmie | June 7, 2024 | 3:52 am
Copper market grapples with a crucial question Not everyone is convinced that this is the beginning of a long-awaited bull market. Bloomberg News | April 18, 2024 | 7:01 am
Saudi Arabia nears $1bn deal for stake in Barrick’s Reko Diq Through its investment fund Manara Minerals, Saudi Arabia is seeking at least a 25% interest in the Reko Diq copper and gold project. MINING.COM Editor | April 18, 2024 | 6:27 am
Chile’s president says Codelco output to grow; touts investment climate Boric also stressed the need for greater economic distribution of mining industry profits to local communities. Reuters | April 18, 2024 | 6:25 am
Tin price rallies, inventories fall after one party takes big position The LME benchmark tin price is by far the top gainer on the exchange this year. Reuters | April 18, 2024 | 5:41 am
Rio Tinto, Saudi Arabia vying for First Quantum mines stake Japanese trading houses Mitsui and Sumitomo have also been studying the assets, Bloomberg said. Bloomberg News | April 18, 2024 | 5:22 am
Governments must broker local support for mines, industry group says CMM now pushing governments to bear the full responsibility of obtaining free, prior and informed consent from local communities. Reuters | April 17, 2024 | 4:13 pm
Codelco to benefit from entry into lithium business, says Moody’s On Tuesday, Codelco CEO said that the company made progress in negotiating with local communities over lithium mining. Staff Writer | April 17, 2024 | 10:29 am
Specialist funds cautious on copper rally, says trader IXM Funds that specialize in metals have been more cautious than other speculators on the rally that sent copper prices to a 22-month peak this week. Reuters | April 17, 2024 | 9:48 am
Biden calls for tripling of tariffs on Chinese steel The Biden administration is also pressuring neighboring Mexico to prohibit China from selling its metal products to the United States indirectly from there. Reuters | April 17, 2024 | 8:34 am