Codelco’s chief commercial officer resigns

Carlos Alvarado will be replaced by Cristobal Fuenzalida a current marketing manager at Codelco.

Reuters | November 30, 2023 | 4:02 pm

Panama mine shutdown threatens copper’s surplus

The expectation for a looser market in the near term…

Bloomberg News | November 30, 2023 | 10:35 am

First Quantum risks covenant breach, cost cuts if Panama shuts copper mine

The company is facing an estimated $625 million in debt…

Bloomberg News | November 30, 2023 | 7:02 am

Panama copper miners take to the streets in backlash to shutdown

“This is a source of income for more than 40,000…

Bloomberg News | November 29, 2023 | 4:54 pm

Arca Climate Technologies launches pilot project with BHP to capture CO2 from mine waste

Arca is one of the first companies commercializing mineralization for…

Amanda Stutt | November 29, 2023 | 1:30 pm

De Beers diamond deal threatened as Botswana says it’s ready to walk away

Botswana President said his government is prepared to walk away from negotiations if he’s not satisfied with the division of revenues.

Bloomberg News | February 13, 2023 | 6:43 am

ArcelorMittal warns on steel demand as China seen flatlining

Whether China will recover strongly after lifting tough coronavirus restrictions has been the key question for commodities markets.

Bloomberg News | February 12, 2023 | 9:43 am

Freeport Indonesia suspends some work at Grasberg mine after floods

The situation was under control, but the company gave no estimate of when operations would resume.

Reuters | February 12, 2023 | 8:27 am

Teck fined over $11 million for failing to build water treatment facility in British Columbia

The Ministry of Environment and Climate Change Strategy ordered Teck Coal to construct and operate facilities by December 2018.

Staff Writer | February 10, 2023 | 3:15 pm

Trafigura tells its banks they aren’t exposed to nickel fraud

Trafigura is briefing lenders that none of its banks have direct exposure to the nickel deals linked to systematic fraud.

Bloomberg News | February 10, 2023 | 9:48 am

Nornickel 2022 core profit down as sales drop

Nornickel is the world's largest producer of palladium and refined nickel.

Reuters | February 10, 2023 | 8:35 am

Vale Indonesia breaks ground on $2.5 billion ferronickel smelter

The Bahodopi project will produce ferronickel with 73,000-80,000 tonnes of nickel content per year, Vale said.

Reuters | February 10, 2023 | 7:41 am

Panama says negotiations with First Quantum making headway

The main bone of contention centres on taxes and royalties the Canadian miner should pay to the government.

Cecilia Jamasmie | February 10, 2023 | 6:31 am

MMG secures supplies to continue copper production at reduced rate in Peru

At normal times, the Las Bambas mine accounts for some 2% of the global supply.

Reuters | February 9, 2023 | 7:20 pm

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