MINING.COM

Chile targets million-tonne copper boost in tightening market

President Gabriel Boric has set a goal of raising Chile’s production by 1.04 million metric tons by 2026.

Bloomberg News | December 6, 2023 | 11:09 am

Tycoon Agarwal’s India zinc arm to pay $305 million in dividends

Hindustan Zinc has been doling out dividends despite a tight net cash position.

Bloomberg News | December 6, 2023 | 9:47 am

State auditors recommend Freeport Indonesia be fined for smelter delays

In a December 2018 deal, Freeport and Jakarta agreed that the miner would complete the smelter within five years.

Reuters | December 6, 2023 | 9:35 am

Rob McEwen ups stake in junior explorer Goliath Resources

The owner of McEwen Mining made his first investment in Goliath as recently as October 2.

Staff Writer | December 6, 2023 | 9:29 am

Rescuers pull out first survivor of Zambia landslide that trapped 38 miners

On Dec. 1 a landslide inundated an open-pit copper mine and trapped at least 38 people who were working there without a permit.

Reuters | December 6, 2023 | 5:06 am

Hudbay’s plan to boost Copper Mountain output comes at a cost

The new 21-year mine plan includes operational enhancements such as remobilizing idle haul trucks, opening additional mining faces, and accelerating stripping to access higher-grade ore.

Staff Writer | December 5, 2023 | 5:52 pm

Copper futures dragged down by China’s credit downgrade

Moody’s Investors Service cut its outlook for Chinese sovereign bonds to negative, underscoring deepening global concerns over debt levels in the world’s largest consumer.

Bloomberg News | December 5, 2023 | 3:05 pm

Rio Tinto looking at synergies to reshape portfolio, not big M&A

"The last thing we need is very big M&A, because it's very disruptive and it takes you off course," CEO Jakob Stausholm said.

Reuters | December 5, 2023 | 2:34 pm

Deadly attack spurs plea for Peru crackdown on unlicensed mines

The industry is laying part of the blame on temporary permits known in Peru as Reinfo, a registry that allows informal miners to operate with some legal protections while they formalize operations.

Bloomberg News | December 5, 2023 | 12:50 pm

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