Ex-Glencore CEO contender sets out to build a Chinese trading giant

After just missing out on succeeding Ivan Glasenberg at Glencore, Kenny Ives is now running the trading arm of CMOC Group.

Bloomberg News | October 12, 2023 | 10:00 am

Centamin unveils new mine plan for Sukari targeting over 500,000 oz. gold per year

Sukari is Egypt's largest and first modern gold mine.

Staff Writer | October 12, 2023 | 9:16 am

Barrick’s third-quarter gold, copper output rise

Miner said on Thursday its gold production rose nearly 3%…

Reuters | October 12, 2023 | 6:50 am

BHP averts strike at Escondida mine with preliminary union deal

In late September, the union's members rejected a proposal from…

Reuters | October 12, 2023 | 6:46 am

Newmont shareholders vote in favor of $16.8bn Newcrest buyout

Both the companies expect the deal to close in early…

Reuters | October 11, 2023 | 3:45 pm

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