BHP’s iron ore, copper output surge on mine improvementsProduction rose because of supply chain improvements, with a record amount of iron ore delivered from the Central Pilbara hub.Reuters | January 20, 2025 | 1:58 pm
Barrick eyes sale of stake in Zaldivar copper mine – reportBarrick holds a 50% interest in Zaldívar, a joint venture…Staff Writer | January 20, 2025 | 9:23 am
Barrick’s Reko Diq project to generate $74 billion over 37 yearsThe copper and gold mine, co-owned by Barrick, Pakistan and…Cecilia Jamasmie | January 20, 2025 | 3:56 am
Vedanta Resources gets $300 million loan commitment for debt refinancing The company is looking to upsize the deal and is in advance discussions with other banks for additional loans of $200 million. Reuters | January 10, 2025 | 9:51 am
Zijin in talks to buy $6.4 billion China lithium miner Zijin, a global powerhouse in copper and gold, is advancing its push into the lithium sector with the potential acquisition of Zangge Mining. Cecilia Jamasmie | January 10, 2025 | 3:44 am
Lundin Gold exceeds guidance with record annual production Gold production reached a record 502,029 oz. in 2024. Staff Writer | January 9, 2025 | 9:09 am
Panama opens public consultation on First Quantum mine Audit aims to assess the feasibility of temporarily reopening Cobre Panama and ensuring an environmentally responsible final closure. Staff Writer | January 9, 2025 | 8:33 am
Hudbay increases stake in Arizona Sonoran to 9.99% The proceeds will be used by Arizona Sonoran to advance its flagship Cactus project. Staff Writer | January 9, 2025 | 8:29 am
Glencore loses senior aluminum traders to rivals Vitol, Mercuria The moves are the latest signs that Glencore and Trafigura Group, which have long dominated metals trading, are being challenged by an influx of new competition. Bloomberg News | January 8, 2025 | 1:26 pm
Codelco taps debt market to fund record copper mine investments The Chilean state miner plans to raise about $1.5 billion to help fund investments needed to retain its status as the world’s biggest copper producer. Bloomberg News | January 8, 2025 | 11:45 am
Fortescue partners with China Baowu to tackle steel industry decarbonization Fortescue also aims to make all its iron ore products green by 2030. Reuters | January 8, 2025 | 10:09 am
Indian steel titan’s coal deal frozen amid Mozambique legal row JSW Steel agreed in May to buy Minas de Revuboè, but the Mozambican government revoked the mine lease before a deal could be completed. Bloomberg News | January 8, 2025 | 10:06 am