BHP projects copper demand to rise by 1 million tonnes annually until 2035The company estimates that $250 billion in investment will be required over the next decade to address the widening gap between copper supply and demand.Staff Writer | September 30, 2024 | 8:19 am
Codelco’s copper output has begun to recover, chairman saysOver the past year, the Chilean state-owned company has seen…Bloomberg News | September 30, 2024 | 7:44 am
Teck CEO says to remain focused on organic growthJonathan Price said the company is developing several mining projects,…Reuters | September 30, 2024 | 7:25 am
BHP and workers reach deal to end strike at Escondida The new deal could be signed on Sunday after union leadership meets with members. Staff Writer | August 16, 2024 | 6:53 am
BHP strike in Chile enters third day, buoying global copper price Escondida is the world's largest copper mine, accounting for nearly 5% of global supply in 2023. Reuters | August 15, 2024 | 8:10 am
Exxaro closes in on critical metals deal The company is close to securing a deal to buy manganese or copper assets and could announce an acquisition this year. Reuters | August 15, 2024 | 7:21 am
Metso signs €200m equipment deal for Barrick’s Reko Diq copper-gold project The project, jointly owned by Barrick and Pakistan is one of the largest undeveloped copper-gold deposits in the world. Staff Writer | August 14, 2024 | 1:07 pm
Hudbay demonstrates strong cost control in Q2, improves guidance Hudbay has improved its consolidated cash cost guidance range to $0.90-$1.10/lb. of copper. Staff Writer | August 14, 2024 | 11:32 am
Teck-Glencore JV begins environmental studies to jumpstart stalled Minnesota project NewRange plans to bring a new team with global expertise on tailings storage, water science, efficient production and carbon reduction. Staff Writer | August 14, 2024 | 8:33 am
Endeavour agrees to pay staff for overtime work to end strike The company in April said it was on track to achieve full-year guidance of between 1.13 million ounces of gold. Bloomberg News | August 14, 2024 | 7:28 am
Vedanta boosts stake sale in Hindustan Zinc to top $950 million Vedanta's U.K.-based parent, Vedanta Resources, is seeking to cut its debt by $3 billion over the next three years. Reuters | August 14, 2024 | 7:06 am
Could a union halt production at the world’s biggest copper mine? BHP's Escondida mine in Chile produced nearly 5% of the world's copper in 2023. Reuters | August 14, 2024 | 4:02 am