Freeport seeks to extend permit for exporting Indonesian copper

Freeport has a temporary exemption from a nationwide ban on exports of mined copper, but it faces a cliff-edge scenario in May.

Bloomberg News | October 10, 2023 | 10:12 am

Aussie billionaire paves way to block Albemarle’s Liontown bid with stake raise

Gina Rineheart has once again increased her stake in Liontown…

Reuters | October 10, 2023 | 9:51 am

Vale weighs base metals IPO in three to four years

Vale is not seeking new partners for its Base Metals…

Staff Writer | October 10, 2023 | 8:07 am

Aboriginal elders suspend Rio Tinto site survey over heritage concerns

Western Australia is set to overturn its 2021 Aboriginal cultural…

Reuters | October 10, 2023 | 5:56 am

Zambia to decide on new Mopani Copper Mines investor in October

Mopani bidders are Sibanye, Zijin, and IHC-linked investor, according to…

Reuters | October 10, 2023 | 5:49 am

Teck exits oilsands with C$1bn sale of Fort Hills stake to Suncor

The all-cash deal, effective Nov. 1, will boost Suncor’s aggregate share in the northern Alberta operation to more than 75%.

Cecilia Jamasmie | October 27, 2022 | 3:55 am

Freeport in talks to buy Arizona copper smelter

Executives from Phoenix-based Freeport recently toured the Hayden smelter -- owned by Grupo Mexico unit Asarco -- to appraise the operation.

Bloomberg News | October 26, 2022 | 3:35 pm

Japanese Tesla supplier to take on Chinese rivals to tap EV boom

Sumitomo wants to start making materials for a cheaper type of battery -- containing no nickel -- that’s poised for global popularity after storming the world’s top EV market, China.

Bloomberg News | October 26, 2022 | 3:26 pm

Newcrest quarterly gold output falls 17% sequentially on planned shutdowns

The company's quarterly copper output also declined.

Reuters | October 26, 2022 | 3:12 pm

Barrick CEO says Zambia’s Lumwana mine life could be extended to 2060

Speaking at a media briefing, Mark Bristow said since 2019 Lumwana’s fortunes had been turned around, making it one of Zambia’s largest copper producers.

Reuters | October 26, 2022 | 10:59 am

Inflation-hit miners are seeing early signs of cost relief

The financial chiefs of First Quantum Minerals and Lundin Mining noted a shifting trend on costs for mine supplies during their third-quarter earnings calls.

Bloomberg News | October 26, 2022 | 10:27 am

Chile’s government, miners still clashing over mining royalty bill

The president of Chile's National Mining Society argued that the government should consider promoting more mining production instead of increasing taxes, arguing this would make a greater contribution to the treasury.

Reuters | October 26, 2022 | 9:44 am

Hochschild makes new discovery at Pallancata

The new area, called Royropata, is not in the current permitted area, but the company believes that the discovery “has the potential to secure the medium-term future of the Pallancata mine.”

Staff Writer | October 26, 2022 | 9:29 am

European aluminum giant calls for sanctions on Russian metal

Norsk Hydro, which operates the largest primary aluminum plant in Europe, is calling for sanctions to be imposed on Russian metals.

Bloomberg News | October 26, 2022 | 9:20 am

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