First Quantum to present initial preservation plan for Panama copper mine The Cobre Panama project was forced to shut down after Panama's top court ruled that its contract was unconstitutional. Reuters | January 10, 2024 | 1:32 pm
Taseko says Gibraltar mine output rose 26% to 123 million lb. copper in 2023 The rise was supported by a strong fourth quarter during which 34 million lb. of copper and 369,000 lb. of molybdenum were produced. Staff Writer | January 10, 2024 | 10:46 am
Saudi Arabia signs mining deals with four nations The country also announced a $182 million mineral exploration incentive program. Staff Writer | January 10, 2024 | 9:52 am
Ivanhoe Electric shocks Saudi geology to spot targets Ivanhoe Electric is part of a growing number of international mining companies investing in Saudi Arabia. Colin McClelland | January 10, 2024 | 9:08 am
Saudi Arabia earmarks $182 million for minerals exploration in mining push The Gulf state has revised upwards estimates for its untapped mineral resources to $2.5 trillion. Reuters | January 10, 2024 | 8:12 am
Union members stage demonstration at First Quantum’s Panama mine While the objectives of the demonstration were unclear, it’s the latest sign of the role played by resource nationalism in the shutdown of the Cobre Panama mine. Bloomberg News | January 9, 2024 | 2:19 pm
Saudi Arabia ups mineral resource estimates to $2.5 trillion About 10% of the increase in estimate comes from the addition of rare earths minerals. Reuters | January 9, 2024 | 11:11 am
Norway approves deep sea mining in Arctic Ocean The bill, voted 80-20 by lawmakers on Tuesday, allows commercial mineral exploration, but mining licences won't be issued just yet. Cecilia Jamasmie | January 9, 2024 | 9:35 am
Asian buyers profit from record discounts for near-term LME copper The discount hit a record high of $108 a metric ton on Jan. 8. Reuters | January 9, 2024 | 9:32 am