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…

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…

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

Mining industry sees a way to navigate narco crisis in Ecuador

Operating mines and development projects are expected to carry on…

Bloomberg News | January 11, 2024 | 12:39 pm

Zijin Mining invests $97 million in Solaris Resources for a 15% stake

Solaris intends to use the funds to advance its flagship…

Staff Writer | January 11, 2024 | 10:14 am

Copper industry warns of looming supply gap without more mines

Demand for copper to build most electronic devices will exceed supply over the next decade and imperil climate targets unless dozens of new mines are built, analysts say.

Reuters | April 20, 2023 | 12:30 pm

Alcoa CEO warns Russian aluminum will overwhelm LME warehouses

Roy Harvey said aluminum from Russia now accounts for 53% of the total stockpiles in global LME warehouses.

Bloomberg News | April 20, 2023 | 9:55 am

Hochschild reports 35% fall in annual profit

The London-listed company reported an adjusted core profit of $249.6 million as compared to $382.8 million it reported last year.

Reuters | April 20, 2023 | 7:59 am

Antofagasta CEO sees global copper supply shortfall this year, volatile prices

Ivan Arriagada said fears of a global recession remain, but he expect a "soft landing" as long as Chinese demand held up.

Reuters | April 20, 2023 | 7:54 am

Canadian dealmakers expect low-carbon shift will drive mining M&A

Mining deals with any Canadian involvement hit $29.5 billion in the first few weeks of the second quarter of this year.

Reuters | April 20, 2023 | 7:41 am

Sumitomo Metals backs Teck’s split plan

The Japanese company said it will vote in favour of Teck's plan to create two separate companies next week.

Cecilia Jamasmie | April 20, 2023 | 3:44 am

Rio Tinto reports record Q1 Pilbara iron ore shipments, sees inflation risk

The world's biggest iron ore producer shipped 82.5Mt of the steel-making ingredient from its Pilbara operations.

Reuters | April 19, 2023 | 3:44 pm

CMOC gets Congo deal to free stockpile of copper and cobalt

CMOC and its state-owned partner Gécamines reached a “consensus on the royalties issue” at the Tenke Fungurume operation.

Bloomberg News | April 19, 2023 | 8:05 am

Glencore open to better bid for Teck if split rejected

Swiss firm is willing to improve takeover bid if Teck's shareholders reject the Canadian miner's planned split.

Cecilia Jamasmie | April 19, 2023 | 3:37 am

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