Mining investments in Chile to hit $66 billion by 2032 – Cochilco Cochilco's new figure is less than the $73.65 billion estimated in its previous 10-year forecast released in 2022. Reuters | December 26, 2023 | 8:05 am
First Quantum says Panama hasn’t given legal basis to close mine The plan will include a temporary phase of "environmental preservation and safe management," the company said. Bloomberg News | December 22, 2023 | 11:29 am
Sumitomo names Ueno as next CEO, promising reform Shingo Ueno, 64, has played a pivotal role in leading Sumitomo's metals, resources and chemicals businesses. Reuters | December 22, 2023 | 9:15 am
Abu Dhabi’s IRH to invest $1.1 billion in Mopani copper mine Zambia had been seeking a new investor for Mopani since it took control of the assets from Glencore in 2021. Bloomberg News | December 22, 2023 | 8:44 am
Sandfire, Yugunga-Nya sign deal for cultural heritage protection at DeGrussa mine Sandfire said last month it had damaged an artefact scatter at its Monty cooper mine in 2017 and 2018. Reuters | December 21, 2023 | 2:13 pm
Milei looks to cut costs for Argentina’s miners in broader deregulation push The Argentina President singled out cutting costs for mining companies that in recent years have been lured to vast deposits in the Andes. Bloomberg News | December 21, 2023 | 10:49 am
Northern Dynasty closes $17 million in financings to support Pebble project The proposed mine, if built, would represent the largest in North America. Staff Writer | December 21, 2023 | 10:08 am
UK fraud watchdog must pay damages to ENRC, court rules ENRC has always denied any wrongdoing and argued the UK's Serious Fraud Office would not have launched its investigation if it had not first induced the company's former lawyer to act against its interests. Reuters | December 21, 2023 | 8:31 am
Graphene-copper mix may improve efficiency of EV, industrial equipment motors By mixing the right amount of graphene with copper to make electrical wires it is possible to improve the efficiency of electricity distribution. Staff Writer | December 21, 2023 | 6:06 am