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…

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…

Reuters | November 20, 2023 | 3:41 pm

Seabridge wins round #1 of tussle with Tudor over KSM licence

The BC Ministry of Water, Land and Resource Stewardship confirmed…

Staff Writer | November 20, 2023 | 10:41 am

Coeur fills ‘strategic gap’ at Palmarejo complex with purchase of Fresnillo concessions

Once complete, Coeur's landholdings outside the gold stream-encumbered areas will…

Staff Writer | November 20, 2023 | 9:27 am

SQM weighs hard choices in Chile amid $3.7bn share wipeout

SQM, the fertilizer-turned-lithium giant, runs the planet’s biggest and most profitable brine operation in Chile’s northern desert.

Bloomberg News | April 24, 2023 | 4:31 am

Glencore CEO’s first big move: chasing mining’s toughest prize

The bitter Teck-Glencore brawl is headed for a potential climax this week.

Bloomberg News | April 23, 2023 | 12:15 pm

Russian billionaires see wealth rise to over half a trillion dollars

Vladimir Potanin, president and biggest shareholder of Nornickel, was ranked as the second richest in Russia.

Reuters | April 22, 2023 | 8:09 pm

Letko Brosseau to vote in favor of Teck’s separation plan

The Montreal-based investment firm says it does not find the offer put up by Glencore attractive.

Reuters | April 21, 2023 | 12:17 pm

Tianqi drops bid for Essential Metals as M&A heats up

Tianqi dropped its $91 million plan to buy Essential after it failed to secure the backing.

Bloomberg News | April 21, 2023 | 8:01 am

Glencore copper output dips, expects strong trading profit

Miner reported lower copper, zinc and nickel production in the first quarter.

Reuters | April 21, 2023 | 7:27 am

Freeport-McMoRan’s profit more than halves on lower production

In February, the company was forced to stop operations at Grasberg after the mine was hit by floods.

Reuters | April 21, 2023 | 7:10 am

Chile to nationalize its lithium industry

The policy sets up a public-private model in which the state will partner with miners through a dedicated national lithium company.

Cecilia Jamasmie | April 21, 2023 | 3:41 am

BHP upbeat on China demand; quarterly iron ore output ticks lower

The miner reiterated its annual forecast of 278 to 290 Mt for Western Australian iron ore output.

Reuters | April 20, 2023 | 5:00 pm

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