Canadian government aims to support First Quantum after mine closure order, minister saysThe Panama copper mine accounted for about 40% of First Quantum's revenue and its closure led to a near-halving of the company's market value.Reuters | February 6, 2024 | 2:13 pm
Codelco’s 2023 production declines, but recovery seen this yearProduction at Codelco's mines is seen ticking up to 1.353…Reuters | February 6, 2024 | 10:56 am
French government flags fresh funds for nickel rescueThe government plans to offer fresh subsidies and loans for…Reuters | February 6, 2024 | 9:10 am
Rio Tinto to invest almost $1 billion in Kennecott copper mine The company said it will invest $498 million to develop an underground mine and infrastructure in an area known as the North Rim Skarn. Bloomberg News | June 20, 2023 | 8:59 am
Newmont postpones Peru mine investment decision by two more years The company will defer making an investment decision about its Yanacocha Sulfides expansion project. Reuters | June 20, 2023 | 8:16 am
Agnico update for Malartic gold complex extends life to 2042, notes resource growth Construction of the new mine is largely on track, with C$429 million spent from 2021 to June 2023. Staff Writer | June 20, 2023 | 7:56 am
Four firms shortlisted in race to buy Zambia’s Mopani Copper Mines China's Zijin Mining and Norinco Group, South Africa's Sibanye Stillwater and an investment vehicle owned by ex-Glencore officials have been shortlisted in the race. Reuters | June 19, 2023 | 9:16 am
Fortescue expands battery and electric powertrain output in UK with new plant The Banbury facility will open in 2024. Reuters | June 19, 2023 | 7:39 am
Albemarle to buy Lithium Power’s Australian unit Lithium Power has scrapped the planned demerger of its Australian assets in favour of the $21 million sale to the US giant. Cecilia Jamasmie | June 19, 2023 | 5:34 am
Rio Tinto autonomous iron ore train derailed The miner said a probe had been launched after one of its autonomous trains derailed on Saturday evening, leaving no injured. Cecilia Jamasmie | June 19, 2023 | 3:32 am
World’s No. 2 gold miner is trying to get bigger in copper For a company with “gold” in its name, Barrick Gold Corp. has become noticeably fixated on copper. Bloomberg News | June 18, 2023 | 12:12 pm
Teck makes vice president appointments Nick Marach, Sheila Risbud, Don Sander and Richard Whittington named to new roles. Staff Writer | June 16, 2023 | 3:26 pm