US to commit more funds to African rail link for metal exports The United States will provide more funds for the construction of the Lobito Corridor. Reuters | February 8, 2024 | 6:57 am
Sun Peak set to resume work in Ethiopia’s conflict-ridden region, shares up Its flagship copper-gold project has been put on hold since November 2020 after a civil war broke out in the Tigray Region. Staff Writer | February 7, 2024 | 12:38 pm
Cybertruck: Musk needs mines Powered by Tesla’s own made-in-Texas batteries, the stainless steel Cybertruck carries a heavy load of nickel, cobalt, manganese, graphite and lithium. Frik Els | February 7, 2024 | 9:19 am
China’s CMOC eyes further growth in Congo and beyond after taking cobalt crown CMOC last year became the world's No. 1 cobalt mining company with production of some 55,000 tons. Reuters | February 7, 2024 | 8:09 am
Vedanta weighs sale of minority stake in Zambian copper assets The company is talking to a range of financing partners to raise money for a restart of its Konkola Copper Mines unit. Reuters | February 7, 2024 | 7:56 am
Ivanhoe, Trafigura to be first users of Lobito Atlantic Railway Corridor They will ship copper, cobalt and other critical minerals and metals from mines in the DRC to Angola’s port of Lobito via rail. Cecilia Jamasmie | February 7, 2024 | 3:50 am
Freeport-McMoRan names Kathleen Quirk as CEO Quirk will assume full responsibility for executive management of the business effective June 11. Staff Writer | February 6, 2024 | 4:28 pm
Canadian government aims to support First Quantum after mine closure order, minister says The Panama copper mine accounted for about 40% of First Quantum's revenue and its closure led to a near-halving of the company's market value. Reuters | February 6, 2024 | 2:13 pm
Codelco’s 2023 production declines, but recovery seen this year Production at Codelco's mines is seen ticking up to 1.353 million tons in 2024, CEO Ruben Alvarado told Reuters. Reuters | February 6, 2024 | 10:56 am