Zambia copper mines hit by state utility’s warning of power cutsThe southern African nation, which relies on hydropower for 85% of its electricity generation, is experiencing rolling blackouts amid an ongoing drought.Bloomberg News | April 17, 2024 | 5:29 am
Antofagasta’s Q1 copper output down 11% yr/yrThe company reiterated that it expects output in 2024 of…Reuters | April 17, 2024 | 5:19 am
Vale’s iron ore output up 6% in first quarter, sales jumpVale's iron ore output in the first three months of…Reuters | April 16, 2024 | 4:52 pm
Zijin Mining invests $97 million in Solaris Resources for a 15% stake Solaris intends to use the funds to advance its flagship Warintza copper project in southeast Ecuador. Staff Writer | January 11, 2024 | 10:14 am
American Pacific shares surge on copper results from Palmer VMS project The copper-zinc project in Alaska is held under a joint venture partnership with Japan's Dowa Metals & Mining. Staff Writer | January 11, 2024 | 9:20 am
Grupo Mexico weighs bid for First Quantum’s Spanish mine First Quantum initiated a process to sell its Las Cruces mine in southern Spain in December after the sudden closure of the Cobre Panama mine. Bloomberg News | January 11, 2024 | 8:52 am
Saudi Arabia’s Manara Minerals fund plans metals trading arm Manara is in talks to potentially buy a stake in Pakistan's Reko Diq mine. Reuters | January 11, 2024 | 8:13 am
Vale’s $10 billion spend on Canada targets existing potential Vale Base Metals chairman Mark Cutifani is undertaking a unit-wide asset review. Colin McClelland | January 11, 2024 | 7:55 am
First Quantum to present initial preservation plan for Panama copper mine The Cobre Panama project was forced to shut down after Panama's top court ruled that its contract was unconstitutional. Reuters | January 10, 2024 | 1:32 pm
Taseko says Gibraltar mine output rose 26% to 123 million lb. copper in 2023 The rise was supported by a strong fourth quarter during which 34 million lb. of copper and 369,000 lb. of molybdenum were produced. Staff Writer | January 10, 2024 | 10:46 am
Saudi Arabia signs mining deals with four nations The country also announced a $182 million mineral exploration incentive program. Staff Writer | January 10, 2024 | 9:52 am
Ivanhoe Electric shocks Saudi geology to spot targets Ivanhoe Electric is part of a growing number of international mining companies investing in Saudi Arabia. Colin McClelland | January 10, 2024 | 9:08 am