Arbitration between Franco-Nevada, Panama moves to next stageFranco-Nevada had a streaming agreement with First Quantum to buy gold and copper from Cobre Panama.Reuters | December 11, 2024 | 12:53 pm
Economics, not regulation, the main reason behind delay in British Columbia’s mines, study showsRegulation was a factor in only three of the 20…Staff Writer | December 11, 2024 | 12:28 pm
BHP, Rio Tinto face sexual harassment class actions in AustraliaMiners are accused of fostering environments at Australian sites where…Staff Writer | December 11, 2024 | 10:21 am
Rio Tinto lifts 2025 guidance for capex, copper output Across operations, it is projecting 3% compound annual growth from 2024 onward. Reuters | December 4, 2024 | 10:04 am
Mitsubishi Corp loses $90 million in suspected China metal fraud The loss is the latest in a string of recent cases of alleged wrongdoing to hit a major commodity trading house. Bloomberg News | December 4, 2024 | 9:46 am
Biden unveils $600 million in new financing for African railway While in Lobito, Biden toured the port and met with companies investing in the project. Bloomberg News | December 4, 2024 | 7:16 am
Sierra Metals’ Yauricocha mine in Peru reaches full production The underground copper-gold-silver mine now processes 3,600 tonnes of ore per day, a 30% increase from December 2023. Staff Writer | December 4, 2024 | 5:57 am
Rio Tinto unveils lithium resource at Rincon project It would produce 53,000 tonnes of battery-grade lithium carbonate annually over a 40-year mine life, with plans to expand to 60,000 tpy. Cecilia Jamasmie | December 4, 2024 | 3:43 am
Rio Tinto sells copper mine stake to Sumitomo for $399 million Sumitomo is slated to acquire a 30% equity share of the Winu project in Australia. Bloomberg News | December 3, 2024 | 2:33 pm
Biden to announce millions in African Lobito corridor funding Biden is expected to announce an additional $600 million in financing during his trip to Angola. Reuters | December 3, 2024 | 1:25 pm
Portugal plans to hold delayed lithium tender in 2025 The international tender for lithium prospecting will target six areas in the north and center of the country. Reuters | December 3, 2024 | 12:33 pm
Trump tariffs could reshape global copper landscape Canadian and Mexican exports unlikely to be cost-competitive and US would look elsewhere for 16% of its refined copper imports and 48% of semi-finished copper products. Frik Els | December 3, 2024 | 12:09 pm