OceanaGold prices $106 million IPO of Philippine unitOceanaGold plans to sell up to 456 million common shares or a 20% stake in OceanaGold Philippines.Reuters | April 24, 2024 | 12:39 am
First Quantum Minerals cuts debt by over $1bn in first quarterThe company in February had announced a series of capital…Reuters | April 23, 2024 | 7:05 pm
Chile sees record copper production next yearThe output of the red metal would be a 6%…Reuters | April 23, 2024 | 12:55 pm
Chile’s miners ready to absorb higher domestic royalties, Fitch says "Chile's new mining royalty law will not materially weaken the competitiveness of the country's copper mining sector, but it will increase taxes, modestly pressuring miners' cash flows," Fitch said. Reuters | September 6, 2023 | 1:33 pm
EU lawmakers see recycling as key in search for critical minerals The industry committee of the European Parliament will vote on its position on Thursday on the Critical Raw Materials Act. Reuters | September 6, 2023 | 10:40 am
Ivanhoe Electric’s assessment for Santa Cruz project details new source of ‘green’ copper in US The study estimates an after-tax net present value of $1.3 billion with an after-tax internal rate of return of 23%. Staff Writer | September 6, 2023 | 9:52 am
Pacific alliance adopts moratorium on deep sea mining The decision is a blow to the Solwara 1 project in Papua New Guinea, once poised to be one of the world's first deep sea mining projects. Staff Writer | September 6, 2023 | 9:45 am
Northern Dynasty updates Pebble PEA, adds southern access route The 2023 PEA provides fresh production, financial and cost estimates, detailing an infrastructure plan for the “southern route” of access to the mine. Cecilia Jamasmie | September 6, 2023 | 3:47 am
South African miners join race to buy Khoemacau copper mine Impala Platinum, Exxaro Resources and Sibanye Stillwater are weighing bids for the copper and silver mine in Botswana. Reuters | September 5, 2023 | 2:03 pm
New Pacific’s Carangas in Bolivia holds 200moz silver, plus gold and base metals The company says its first resource estimate for the Carangas silver-gold project in Bolivia makes it notable worldwide. Colin McClelland | September 5, 2023 | 1:36 pm
AI helps BHP fight declining ore grades at biggest copper mine BHP said it’s moving forward with studies into potentially replacing a concentrator at Escondida. Bloomberg News | September 5, 2023 | 11:23 am
Chinese firms vie for $2 billion Botswana copper mine Three Chinese groups are among suitors still in the race to acquire the Khoemacau project. Bloomberg News | September 5, 2023 | 10:19 am