Copper Mountain stock plunges on Q3 disappointment, more guidance cuts

The company has once again slashed its copper production estimates to the range of 55-60 million lb.

Staff Writer | November 9, 2022 | 9:07 am

Bosch taps IBM quantum computers in hunt for new EV materials

Robert Bosch plans to use more than twenty of IBM’s quantum computers to help identify alternatives to the metals and rare earth elements currently used in EVs.

Bloomberg News | November 9, 2022 | 8:05 am

Rio Tinto’s takeover of Turquoise Hill indefinitely on hold as Quebec regulator steps in

Vote on Rio's acquisition of the Canadian miner has been postponed for a third time as Quebec’s securities regulator reviews the deal.

Cecilia Jamasmie | November 9, 2022 | 7:56 am

Magna plans drilling at Denison nickel-copper project after ‘considerable’ resource estimate

Magna is exploring the restart of a past-producing underground mine and adding an open-pit operation to the site, also known as Crean Hill.

Staff Writer | November 8, 2022 | 10:56 am

Codelco says maintenance at Chuquicamata smelter to last 135 days

Chuquicamata's smelter was previously halted in December 2018.

Reuters | November 8, 2022 | 8:25 am

Australian mining magnate Forrest calls for ban on seabed mining

Fortescue Metals executive chairman Andrew Forrest is the first prominent mining executive to speak out against the nascent industry.

Reuters | November 8, 2022 | 8:07 am

Chicago is coming for London’s metal trading after LME stumbles

As the London Metal Exchange wades through the fallout of this year’s nickel crisis, its American rival is gaining ground.

Bloomberg News | November 8, 2022 | 7:58 am

Codelco proposes 33% price hike for Chinese copper buyers for 2023

Last month, Codelco raised its premiums for sales to Europe to a record $234 a tonne for 2023, up 83% from 2022.

Reuters | November 8, 2022 | 7:52 am

Newcrest approves $140 million expansion of Telfer gold-copper operation

The West Dome Stage 8 cutback should start producing ore in the current quarter and extend Telfer operations into early 2025.

Cecilia Jamasmie | November 8, 2022 | 3:45 am

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