Split views in copper concentrate balance forecast drag on TC/RCs negotiations

Copper miners and smelters are unlikely to settle the annual treatment and refining charges (TC/RCs) for 2024 this week.

Reuters | November 16, 2023 | 9:32 am

Top companies’ lobbying undermines their climate pledges, study finds

A study of 293 companies found that nearly 60% of…

Reuters | November 16, 2023 | 9:25 am

Glencore bets on US love of coal with new fossil fuel giant

The company unveiled the first step in the process, with…

Bloomberg News | November 16, 2023 | 9:15 am

Sumitomo Metal looks to boost battery materials output, possibly in US

The company is considering producing cathode battery materials in the…

Reuters | November 16, 2023 | 8:36 am

SQM loses $1 billion in market value as lower prices dent profit

SQM said its third-quarter net earnings fell 56.4%, dragged down…

Reuters | November 16, 2023 | 6:58 am

Panama to shut down First Quantum’s giant copper mine

Moves comes after the Canadian miner missed a deadline to finalize a deal that would have increased payments to the government from the mine.

Cecilia Jamasmie | December 16, 2022 | 3:41 am

Police searched Ivanhoe Mines’ Vancouver office as part of Swiss bank transfer investigation

Police searched Ivanhoe's Vancouver office seeking information on $2.7 million in bank transfers related to its copper operations in the DRC.

Staff Writer | December 15, 2022 | 12:45 pm

Barrick Gold to go ahead with $7bn Reko Diq project in Pakistan

Top court has cleared the path for Barrick Gold to build the massive Reko Diq copper-gold mine.

Cecilia Jamasmie | December 15, 2022 | 9:58 am

US sanctions Russia’s richest tycoon, Nornickel boss Potanin

The action against Potanin was part of a broader sanctions package the Treasury Department rolled out Thursday.

Bloomberg News | December 15, 2022 | 8:24 am

Norsk Hydro to raise capex, cut more costs

About half of Europe's aluminum production has been shut down as a result of a surge in energy costs since Russia's invasion of Ukraine.

Reuters | December 15, 2022 | 8:13 am

First Quantum and Panama fail to reach agreement over giant copper mine

Collapse of talks over a new royalty payment structure has triggered fears the company's Cobre Panamá mine could be nationalized.

Staff Writer | December 15, 2022 | 7:45 am

Teck ranked #1 in metals and mining category on S&P Corporate Sustainability Assessment

Teck was named a leader in the industry based on the CSA’s in-depth analysis of economic, social and environmental performance.

Staff Writer | December 15, 2022 | 6:32 am

Las Bambas running out of storage space in threat to production

One of the world’s top copper mines is running out of storage space, raising the risk of slowing or halting production in another threat to global supply of the metal.

Bloomberg News | December 14, 2022 | 10:26 am

Albemarle to build $180m US lithium research centre

The lithium giant anticipates creating at least 200 jobs at the site, with an average salary of $94,000 per year.

Cecilia Jamasmie | December 14, 2022 | 3:53 am

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