Lundin Gold free of debt with $330 million repayment to NewmontLundin is buying out the remaining stream credit facility and offtake agreement for its 100% owned Fruta del Norte mine.Staff Writer | April 25, 2024 | 6:08 am
Newmont beats quarterly profit, production estimates on Newcrest assets boostNewmont also saw higher average gold price at $2,090 per…Reuters | April 25, 2024 | 4:35 am
Lower iron, nickel and copper prices weigh on Vale’s quarterly earningsOne of the largest iron ore producers in the world,…Reuters | April 24, 2024 | 4:45 pm
Tsingshan’s 2023 nickel output jumps to record high Tsingshan Group's nickel output rose 27% in 2023 to a record 1.12 million metric tons nickel unit. Reuters | February 7, 2024 | 8:34 am
China’s CMOC eyes further growth in Congo and beyond after taking cobalt crown CMOC last year became the world's No. 1 cobalt mining company with production of some 55,000 tons. Reuters | February 7, 2024 | 8:09 am
Vedanta weighs sale of minority stake in Zambian copper assets The company is talking to a range of financing partners to raise money for a restart of its Konkola Copper Mines unit. Reuters | February 7, 2024 | 7:56 am
Ivanhoe, Trafigura to be first users of Lobito Atlantic Railway Corridor They will ship copper, cobalt and other critical minerals and metals from mines in the DRC to Angola’s port of Lobito via rail. Cecilia Jamasmie | February 7, 2024 | 3:50 am
Freeport-McMoRan names Kathleen Quirk as CEO Quirk will assume full responsibility for executive management of the business effective June 11. Staff Writer | February 6, 2024 | 4:28 pm
Canadian government aims to support First Quantum after mine closure order, minister says The Panama copper mine accounted for about 40% of First Quantum's revenue and its closure led to a near-halving of the company's market value. Reuters | February 6, 2024 | 2:13 pm
Codelco’s 2023 production declines, but recovery seen this year Production at Codelco's mines is seen ticking up to 1.353 million tons in 2024, CEO Ruben Alvarado told Reuters. Reuters | February 6, 2024 | 10:56 am
Aurubis Q1 profit misses forecast on lower metal prices The decline was driven by a 16% drop in earnings for the metal recycling segment. Reuters | February 6, 2024 | 9:58 am
French government flags fresh funds for nickel rescue The government plans to offer fresh subsidies and loans for a New Caledonia nickel plant co-owned by Glencore. Reuters | February 6, 2024 | 9:10 am