Mining is a key source of tax revenue in Peru and the new leftist administration of President Pedro Castillo has repeatedly said it wants to increase mining taxes to pay for new social programs.

Freeport-McMoRan boss Richard Adkerson said he was left “encouraged” from a recent meeting with President Pedro Castillo.

Drilling this year identified three new deposits, making the total seven deposits over a 7-km strike at the project.

Idaho's Iron Creek is one of only two primary cobalt resource projects in the United States.

The company confirmed first production at QB2 is expected in the second half of 2022.

The additional equipment will help bring mill throughput up to 45,000 t/d from 40,000 t/d.

There are several targets to potentially test with a winter drilling program.

The main property unit of the Chinese real estate giant announced a deal over a $35.9 million bond interest payment due on Thursday.