Codelco’s 2023 production declines, but recovery seen this yearProduction at Codelco's mines is seen ticking up to 1.353 million tons in 2024, CEO Ruben Alvarado told Reuters.Reuters | February 6, 2024 | 10:56 am
Aurubis Q1 profit misses forecast on lower metal pricesThe decline was driven by a 16% drop in earnings…Reuters | February 6, 2024 | 9:58 am
Freeport to handle Asian sales from IndonesiaIndonesia is home to the flagship Grasberg copper-gold mine operated…Reuters | February 6, 2024 | 8:12 am
Cleveland-Cliffs clashes with US Steel as sale process gets underway US Steel has not opened its books to Cliffs even as it accepts initial bids this week, because Cliffs will not agree to its conditions, sources say. Reuters | September 20, 2023 | 4:31 pm
Barrick says big miners show interest in Pakistan copper project The $7 billion Reko Diq project in Balochistan boasts one of the world’s largest copper deposits. Bloomberg News | September 20, 2023 | 1:54 pm
Looming strike by miners raises worry about India coal supplies Coal India is facing a potential three-day strike across its core and subsidiary units. Bloomberg News | September 20, 2023 | 7:44 am
Alrosa suspends diamond supply for Sept-Oct – India’s trade body The move aims to avert a supply glut in the global market and aid diamond prices amid weak demand. Reuters | September 20, 2023 | 7:34 am
Researchers reveal missing clue to finding pink diamonds The discovery may help replace the now closed Argyle mine as a source of the world’s biggest and high-quality pink diamonds. Staff Writer | September 20, 2023 | 7:00 am
Fortescue brushes aside worries, says exits show resolute board Three high-profile executives left the world’s fourth-largest iron ore miner in one week, reviving debate on the company’s plan to be a green-energy powerhouse Bloomberg News | September 20, 2023 | 5:00 am
Barrick eyes copper growth as Bristow laments market’s need for ‘instant gratification’ Once fully ramped up, Reko Diq and Lumwana are expected to become two of the world’s top 20 copper mines by annual production. Staff Writer | September 19, 2023 | 3:59 pm
Newcrest acquisition to deliver $500 million in annual synergies, says Newmont CEO The biggest value drivers of the transaction will come from Newcrest’s two Tier 1 operations, Cadia and Lihir. MINING.com Editor | September 19, 2023 | 1:45 pm
First Quantum chairman Philip Pascall passes away The board of directors has voted to elect Robert Harding, who has been a director of First Quantum since 2013, as the interim chairman. Staff Writer | September 19, 2023 | 9:43 am