Solaris closes $39m financing for Warintza copper project in EcuadorThe net proceeds will be used primarily for exploration and infill drilling at the project and for regional exploration.Staff Writer | June 11, 2024 | 12:16 pm
Deep contango in LME base metals signals weak nearby buying interestSpot prices for copper and aluminum in London have moved…Reuters | June 11, 2024 | 10:34 am
Freeport-McMoRan looking for ways to expand copper production, CEO saysThe company isn’t under pressure to follow rivals like BHP…Bloomberg News | June 11, 2024 | 10:10 am
Sumitomo names Ueno as next CEO, promising reform Shingo Ueno, 64, has played a pivotal role in leading Sumitomo's metals, resources and chemicals businesses. Reuters | December 22, 2023 | 9:15 am
Abu Dhabi’s IRH to invest $1.1 billion in Mopani copper mine Zambia had been seeking a new investor for Mopani since it took control of the assets from Glencore in 2021. Bloomberg News | December 22, 2023 | 8:44 am
Sandfire, Yugunga-Nya sign deal for cultural heritage protection at DeGrussa mine Sandfire said last month it had damaged an artefact scatter at its Monty cooper mine in 2017 and 2018. Reuters | December 21, 2023 | 2:13 pm
Milei looks to cut costs for Argentina’s miners in broader deregulation push The Argentina President singled out cutting costs for mining companies that in recent years have been lured to vast deposits in the Andes. Bloomberg News | December 21, 2023 | 10:49 am
Northern Dynasty closes $17 million in financings to support Pebble project The proposed mine, if built, would represent the largest in North America. Staff Writer | December 21, 2023 | 10:08 am
UK fraud watchdog must pay damages to ENRC, court rules ENRC has always denied any wrongdoing and argued the UK's Serious Fraud Office would not have launched its investigation if it had not first induced the company's former lawyer to act against its interests. Reuters | December 21, 2023 | 8:31 am
Graphene-copper mix may improve efficiency of EV, industrial equipment motors By mixing the right amount of graphene with copper to make electrical wires it is possible to improve the efficiency of electricity distribution. Staff Writer | December 21, 2023 | 6:06 am
First Quantum committed to Panama amid mine dispute, CEO says First Quantum received an initial “framework” from Panamanian authorities on Tuesday for closing the mine by June 2024. Bloomberg News | December 20, 2023 | 2:12 pm
Codelco gets double downgrade at S&P as copper slump swells debt Codelco’s production levels are at the lowest in a quarter century. Bloomberg News | December 20, 2023 | 12:33 pm