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
Zambia set to negotiate bigger stakes in new mining projects Zambia is Africa's second-largest copper producer. Reuters | February 6, 2024 | 10:02 am
Aurubis Q1 profit misses forecast on lower metal prices The decline was driven by a 16% drop in earnings for the metal recycling segment. Reuters | February 6, 2024 | 9:58 am
Copper price rises on China’s support measures Copper prices rose for the first time in five sessions on Tuesday. Staff Writer | February 6, 2024 | 9:15 am
Freeport to handle Asian sales from Indonesia Indonesia is home to the flagship Grasberg copper-gold mine operated by Freeport, as well as the Manyar smelter. Reuters | February 6, 2024 | 8:12 am
Codelco sees Chuquicamata underground mine at capacity by 2030 The miner expects to reach processing capacity of 140,000 metric tons a day by 2030. Reuters | February 6, 2024 | 8:07 am