Peru’s copper production up 7.5% in August Between January and August, copper output in Peru rose 18% compared to the previous year. Reuters | October 13, 2023 | 1:19 pm
Miners see value in EU focus on ESG but face red tape hurdles Compliance with ESG standards is increasingly important to keep commitments from institutional investors such as pension funds. Reuters | October 13, 2023 | 9:31 am
Mexico govt blames Grupo Mexico for 2014 toxic spill, wants new cleanup plan The spill pumped 40,000 cubic meters of toxic mining acid into the Bacanuchi river in Mexico's northern Sonora state. Reuters | October 13, 2023 | 9:09 am
China rare earth exports drop 18% as domestic demand grows Rare earth imports jump 19% from year earlier. Reuters | October 13, 2023 | 8:57 am
Newcrest investors strongly approve $17 billion Newmont takeover The proposed deal is the third largest ever involving an Australian company. Reuters | October 12, 2023 | 1:19 pm
Mixed fortunes for Russian metal at mid-point of aluminum mating season Russian metal is experiencing mixed fortunes, with some European industrial companies avoiding it for 2024. Reuters | October 12, 2023 | 8:37 am
Barrick’s third-quarter gold, copper output rise Miner said on Thursday its gold production rose nearly 3% sequentially for the third quarter. Reuters | October 12, 2023 | 6:50 am
BHP averts strike at Escondida mine with preliminary union deal In late September, the union's members rejected a proposal from the company, prompting government mediation to avoid a work stoppage. Reuters | October 12, 2023 | 6:46 am
Newmont shareholders vote in favor of $16.8bn Newcrest buyout Both the companies expect the deal to close in early November, Newmont said. Reuters | October 11, 2023 | 3:45 pm
Liontown extends due diligence for $4.2bn Albemarle buyout Gina Rineheart has been increasing her stake in Liontown Resources in attempt to block the move. Reuters | October 11, 2023 | 3:25 pm
China’s copper buyers flex muscles in Codelco contract negotiations Russian copper exports to China and expectations of surpluses have emboldened Chinese buyers to try and dictate how much they will pay Codelco for the industrial metal next year. Reuters | October 11, 2023 | 1:58 pm
Miners seek partners for copper assets as M&A heats up A flurry of copper mining deals are being lined up for the next six to 12 months, industry sources told Reuters. Reuters | October 11, 2023 | 11:56 am
