Rio Tinto, Saudi Arabia vying for First Quantum mines stake Japanese trading houses Mitsui and Sumitomo have also been studying the assets, Bloomberg said. Bloomberg News | April 18, 2024 | 5:22 am
Solaris Resources inks fresh deal with Ecuador communities The improved agreement, inked by the Warints and Yawi people, emphasizes constructive dialogue and collaboration with local groups. Cecilia Jamasmie | April 18, 2024 | 3:15 am
Rinehart expands Ecuador push with stake in copper-gold project Private company Hancock Prospecting will pay Titan Minerals as much as $120 million on drilling and exploration work. Bloomberg News | April 18, 2024 | 1:24 am
Western Copper and Gold raising $29 million for Casino project in Yukon The company has an arrangement with Eight Capital, on behalf of a syndicate of underwriters, who have collectively agreed to purchase approximately 21.1 million common shares. Staff Writer | April 17, 2024 | 10:44 am
Codelco to benefit from entry into lithium business, says Moody’s On Tuesday, Codelco CEO said that the company made progress in negotiating with local communities over lithium mining. Staff Writer | April 17, 2024 | 10:29 am
Specialist funds cautious on copper rally, says trader IXM Funds that specialize in metals have been more cautious than other speculators on the rally that sent copper prices to a 22-month peak this week. Reuters | April 17, 2024 | 9:48 am
Russia and China trade new copper disguised as scrap to skirt taxes, sanctions Russian RCC and Chinese firms have avoided taxes and skirted the impact of sanctions by trading in new copper wire rod disguised as scrap. Reuters | April 17, 2024 | 8:25 am
Aging copper mines are turning into money pits despite demand Chile’s Chuquicamata is a cautionary tale for an industry beset by rising costs and heightened regulatory scrutiny. Bloomberg Opinion | April 17, 2024 | 8:08 am
Aurubis to grow organically rather than through deals, CEO says The $700 million facility will have an initial capacity of 90,000 metric tons per year. Reuters | April 17, 2024 | 6:58 am
