China’s CMOC reports jump in copper and cobalt outputIts Tenke Fungurume site added new mining capacity in March, lifting annual capacity to 450,000 tons of copper and 37,000 tons of cobalt.Reuters | April 29, 2024 | 5:23 am
South Africa views BHP bid for Anglo as ‘normal market activity’BHP is considering making an improved offer, Reuters sources said…Reuters | April 29, 2024 | 5:18 am
Indonesia issues new mining permit for Vale IndonesiaThe stake divestment by Vale Indonesia's foreign partners was a…Reuters | April 29, 2024 | 4:15 am
Teck named one of Canada’s top 100 employers Title held for seventh consecutive year. Staff Writer | November 21, 2023 | 4:17 pm
Codelco extracts first ore from Rajo Inca project Rajo Inca, which is more than 60% built, is set to formally kick off operations next year. Reuters | November 21, 2023 | 2:55 pm
Fourteen informal miners killed in Suriname tunnel collapse The incident occurred on a concession belonging to a subsidiary of Chinese state miner Zijin Mining. Reuters | November 21, 2023 | 2:46 pm
Sibanye shares plunge on convertible bond sale The stock sank as much as 25% in Johannesburg, wiping out about 15.2 billion rand ($824 million) of its market value. Bloomberg News | November 21, 2023 | 9:49 am
Fortescue shareholders vote against remuneration report The board had approved special remuneration payments of A$1.98 million to former chief executive Elizabeth Gaines and A$1 million to CFO Ian Wells. Reuters | November 21, 2023 | 9:32 am
Rio Tinto starts recycling steel from Australia’s largest ever demolition project The demolition is part of the broader closure program at Rio Tinto’s Gove Operations, , where bauxite mining is expected to cease later this decade. Rio Tinto | November 21, 2023 | 7:38 am
Codelco to spend $720 million on Chuquicamata copper mine Move is part of a plan to bring late and over-budget projects on stream and stop an overall production decline. Cecilia Jamasmie | November 21, 2023 | 3:31 am
Fortescue approves $750 million investment for three green projects About $550 million will be used for developing an electrolyser and liquefaction facility in Phoenix. Reuters | November 20, 2023 | 3:45 pm
MMG seals $1.9bn deal to buy Khoemacau copper mine in Botswana MMG has been hunting for copper assets for more than a year, amid a surge in demand for the metal needed in green energy transition. Reuters | November 20, 2023 | 3:41 pm