AI-powered Zambian copper mine may become world’s third largest KoBold Metals said this week that its discovery at the Mingomba project far surpasses existing operations in Chile by copper grade. Bloomberg News | February 9, 2024 | 8:29 am
Exxaro sharpens M&A focus after copper mine loss to China The company made it onto a shortlist for buying a copper mine in Botswana last year, but was ultimately outbid by MMG. Bloomberg News | February 9, 2024 | 7:58 am
Metals Acquisition IPO Down Under goes over forecast The Jersey-based company’s initial public offering on the ASX was oversubscribed by about A$25 million. Colin McClelland | February 9, 2024 | 7:24 am
New Gold unveils three-year plan for 35% production growth New Gold aims to produce 410,000 to 460,000 ounces in 2026 by boosting output at current mines and completing growth projects. Cecilia Jamasmie | February 9, 2024 | 3:49 am
Green shoots for copper, nickel, zinc, aluminium prices Macquarie says January's full set of PMIs looks like a potential turning point for the global industrial cycle. Frik Els | February 8, 2024 | 4:20 pm
Anglo American posts 24% rise in annual copper output The company left its 2024 copper output guidance at 730,000-790,000 tons. Reuters | February 8, 2024 | 9:59 am
Capstone raises $265 million to advance Chilean copper projects Proceeds will go towards the Mantoverde optimized project and Santo Domingo detailed engineering. Staff Writer | February 8, 2024 | 9:11 am
Pressure groups sue LME for allowing trade of ‘polluting’ Indonesian metal Activists allege that the LME allowed sales on its platform of copper produced at the Grasberg mine, which they claim is polluting local rivers. Reuters | February 8, 2024 | 7:15 am
Indonesia’s metals giant Mind ID seeks bids for $2 billion loan The state-owned mineral-resources holding company plans to use the proceeds partly to repay existing debt. Bloomberg News | February 8, 2024 | 7:07 am
