MMG plans to raise $1.16bn to repay debt, fund mine development

The Chinese miner is raising funds to support the ongoing development of its operating mines.

Reuters | June 3, 2024 | 4:46 pm

Rio Tinto marks 70th year of operations at British Columbia’s only aluminum smelter

Rio hosted a celebration on June 1 at the Kitimat…

Staff Writer | June 3, 2024 | 4:22 pm

De Beers ditches lab-grown diamonds as it looks beyond Anglo

De Beers will turn its focus on so-called category marketing,…

Bloomberg News | June 3, 2024 | 1:45 pm

China to build $1.5 billion copper smelter in Kazakhstan

Copper smelter is projected to have an annual production capacity…

Staff Writer | June 3, 2024 | 11:11 am

Freeport Indonesia raises output target, awaits new export permit

Indonesia banned shipments of all raw minerals from June 2023,…

Reuters | June 3, 2024 | 7:18 am

Rio Tinto’s full-year iron ore shipments rise 3%

The shipment figure met Rio Tinto's guidance of between 320-335 million metric tons for the calendar year.

Reuters | January 15, 2024 | 1:46 pm

Lundin Mining sees record copper production in 2023

Its 2023 output was at the guidance midpoint or above for all metals produced.

Staff Writer | January 15, 2024 | 10:27 am

Ma’aden, Hexagon partner to launch Middle East’s first digital mine

Hexagon’s life-of-mine technology solutions will be deployed at the Mansoura Massarah gold mine.

Staff Writer | January 15, 2024 | 9:06 am

De Beers cuts diamond prices to revive sales

The world’s top producer made one of the steepest cuts to its diamond prices in years.

Bloomberg News | January 15, 2024 | 7:21 am

SQM resumes Chile lithium operations after roadblocks lifted

The final blockades that had restricted the movement of workers and supplies for almost a week were cleared on Sunday.

Bloomberg News | January 15, 2024 | 7:14 am

First Quantum to halt Ravensthorpe nickel mine

The miner will sell nickel from the stockpiles for the next 18 months to two years, but would have to cut 30% of the workforce.

Cecilia Jamasmie | January 15, 2024 | 3:56 am

Codelco caps worst year in quarter century with production drop

Production for the last three months of the year was 358,000 metric tons, compared with about 384,000 tons in the fourth quarter of 2022.

Bloomberg News | January 12, 2024 | 9:08 am

Codelco reaches deal with supervisors union at Chuquicamata copper mine

The deal affects 658 people and includes incentives associated with meeting goals and improving productivity.

Reuters | January 12, 2024 | 9:04 am

Ivanhoe’s Congo copper is what everyone’s after, president says

“Everybody's been knocking on our door, trying to understand what we are doing, trying to see how we did it,” Marna Cloete said.

Colin McClelland | January 12, 2024 | 6:50 am

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