Southern Copper aims to boost Peru output by 520,000t in 8-10 years Southern Copper operates the Cuajone and Toquepala mines in Peru. Reuters | May 22, 2024 | 12:16 pm
Glencore, Rusal extend aluminum supply contract into 2025 Glencore is legally bound to continue the contract because Rusal has not been directly targeted by Western sanctions. Reuters | May 22, 2024 | 11:15 am
Mexican president rules out expropriating Vulcan’s mine but maintains land closure Lopez Obrador has accused the company, which extracts limestone in southern part of the country, of environmental damage. Reuters | May 22, 2024 | 10:23 am
Harmony Gold reports fatality at South Africa mine At least 54 workers died in mining-related accidents in South Africa last year. Reuters | May 22, 2024 | 8:16 am
At least two companies seek Norway seabed mining permits The government aims to issue first licenses in 2025, but companies will require separate approvals to start production. Reuters | May 22, 2024 | 8:13 am
Iron ore price hits three-month high on China demand China last Friday announced "historic" steps to stabilize its crisis-hit property sector. Reuters | May 22, 2024 | 8:10 am
India’s gold imports seen falling as record price prompts jewellery swaps India's gold imports in 2024 could fall by nearly a fifth from the previous year. Reuters | May 22, 2024 | 7:25 am
Chinese ownership may affect eligibility for Australian critical minerals tax credits, minister says Australia said on Wednesday it would consider Chinese ownership when deciding whether companies qualify for tax credits under a new program of incentives. Reuters | May 21, 2024 | 6:15 pm
Peru’s 2024 copper target is realistic, mining magnates say The South American country produced 2.76 million tons of copper last year, dropping its rank from first to second for global production. Reuters | May 21, 2024 | 2:40 pm
Hudbay Minerals to raise $300 million in bought deal equity offering The offering will help fund near-term growth initiatives at its Copper Mountain unit. Reuters | May 21, 2024 | 2:35 pm
Solaris ends plan to sell stake to Zijin Mining, cites government rules Canada's government has taken a tough stance specifically on investments from China in critical minerals such as copper, graphite and lithium. Reuters | May 21, 2024 | 9:34 am
Portuguese company eyes two lithium refineries in Iberia by 2030 Lifthium is planning to source the raw materials from different regions around the world, including South America. Reuters | May 21, 2024 | 8:25 am