Union set to strike at Peru’s Las Bambas copper mine next week The workers union said the strike would last 48 hours with the union demanding a better distribution of profits for workers. Reuters | November 20, 2023 | 7:57 am
Mining billionaire Forrest acquires ‘iconic’ hat company Akubra “We’re proud to be able to ensure the growth of Australian manufacturing, both protecting and creating new jobs,” said Andrew Forrest. Reuters | November 19, 2023 | 9:34 am
Antofagasta agrees lower 2024 copper charges with Chinese smelter Antofagasta agreed to treatment and refining charges of $80 a tonne and 8 cents per pound with Chinese smelter Jinchuan Group. Reuters | November 18, 2023 | 12:31 pm
Panama port blockade keeps supplies from First Quantum mine, company says The union for Minera Panama said it reached agreements with the company to ensure worker pay as protests kept workers from reaching their jobs. Reuters | November 17, 2023 | 3:13 pm
Vale Canada, Sumitomo sign initial deal to sell 14% stake in Indonesian nickel miner Share divestment is a condition required by Indonesia to extend Vale Indonesia's mining permit. Reuters | November 17, 2023 | 11:04 am
Western lithium, graphite miners boost prices for ESG-friendly supply The surcharges mirror a plan from the rare earths industry as Beijing exerts control of the critical minerals market. Reuters | November 17, 2023 | 9:40 am
Swiss-based ARCORE finds rich lithium deposit in Bosnia The company said it has a strategic partnership with Canadian-German company Rock Tech Lithium. Reuters | November 17, 2023 | 9:15 am
Trafigura and Korea Zinc agree to build nickel refinery in South Korea The amount of nickel to be supplied by Trafigura will range from about 20,000-40,000 metric tons per annum. Reuters | November 17, 2023 | 8:57 am
Freeport CEO ‘encouraged’ by signs of US-China thaw "We have to wait and see whether it's a watershed moment or not," Richard Adkerson said. Reuters | November 17, 2023 | 8:12 am
CMOC sees electricity as constraint on Congo expansion To improve the power supply, CMOC has been looking to tap hydropower projects and other new energy sources. Reuters | November 17, 2023 | 8:08 am
EU proposes to ban Russian diamonds from start of 2024 The proposal is part of a new sanctions package to curb Russia's ability to finance its invasion of Ukraine. Reuters | November 17, 2023 | 8:02 am
First Quantum, union reach deals on salaries as protests block mine access Protests have raged for weeks against First Quantum's contract for a $10 billion copper mine. Reuters | November 16, 2023 | 4:15 pm
