Teck Resources says restructuring remains ‘priority’ as Q3 underwhelms

The company expects to see annual production at the lower end of its 2023 guidance for QB2.

Reuters | October 24, 2023 | 8:28 am

Freeport Indonesia will need to slash output in 2024 if not allowed to export concentrate

Indonesia is set to stop exports of copper concentrate from…

Reuters | October 24, 2023 | 8:18 am

De Beers output falls amid Venetia mine transition

De Beers stopped its 30-year open pit mining operations at…

Cecilia Jamasmie | October 24, 2023 | 8:00 am

Video: Don Lindsay on Glencore’s pursuit of Teck and resource nationalism

"They don't distinguish between the good coal and the bad…

Alisha Hiyate | October 24, 2023 | 6:02 am

In Australia’s outback, Rio Tinto prepares for a low carbon future

Rio's newest mine, Gudai-darri, is on track to hit record…

Reuters | October 24, 2023 | 4:47 am

Freeport in early talks to extend Indonesia copper rights beyond 2041

Company also reiterated long-standing comments that does not need to buy a rival to grow, pointing to expansion plans in the United States and Asia.

Reuters | October 26, 2022 | 8:46 am

Chile amends mining royalty bill with flat 1% ad valorem rate

Additional royalties would be assessed at rates fluctuating from 8% to 26% based on miners' operating margin.

Reuters | October 26, 2022 | 7:43 am

World’s biggest uranium miner seeks extra shipping capacity bypassing Russia

Company is seeking to boost the capacity of its alternative shipping route which bypasses Russia to mitigate risks from potential sanctions.

Reuters | October 26, 2022 | 7:42 am

Rio Tinto reiterates $3.3bn offer for Turquoise Hill after ISS recommends against deal

ISS on Monday had recommended Turquoise Hill shareholders to vote "against" the deal, joining the Canadian miner's second-largest shareholder Pentwater Capital Management.

Reuters | October 25, 2022 | 11:15 am

Lundin Gold completes vent raise at Fruta del Norte mine

The South vent raise has been under construction for the past three years.

Staff Writer | October 25, 2022 | 10:52 am

Cliffs tumbles as outlook suggests more pain for steel

The second-largest US steelmaker said Tuesday that it is being hit by higher input costs and maintenance activities, which led to adjusted earnings before items of $436 million in the third quarter, about 50% below analyst estimates.

Bloomberg News | October 25, 2022 | 9:34 am

Chile close to decision on raising mine royalties

BHP and Antofagasta said a mining royalty bill in the country would affect competitiveness and encourage miners to reevaluate investments.

Reuters | October 25, 2022 | 7:34 am

BHP’s Queensland coal miners union demands better work conditions

The union said 90% of voters supported stoppages of one to six hours, while 94% voted for bans on non-rostered overtime, among other actions.

Reuters | October 24, 2022 | 3:28 pm

Responsible copper mining framework extended to nickel, zinc and molybdenum

The Copper Mark extends its responsible mining assessment already covering a fifth of global copper production, to molybdenum, nickel and zinc with the launch of a pilot program.

Staff Writer | October 24, 2022 | 3:01 pm

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