Buenaventura stock surges as Antofagasta takes 19% equity position The NYSE-listed shares reached a 52-week high of $12.73 earlier in the session. Staff Writer | December 15, 2023 | 1:42 pm
LME faces fresh worries about Russian metal after UK sanctions Any move by the US or EU to follow the UK’s sanctions on metals trading would likely force the LME’s hand. Bloomberg News | December 15, 2023 | 12:23 pm
Friedland says $15,000/t copper price needed to spur new mines The mining magnate said that forecasts of copper prices reaching $9,000 a metric ton next year isn’t enough to stimulate the industry. Bloomberg News | December 15, 2023 | 11:13 am
Panama starts process for First Quantum’s mine ‘definitive’ closure The roadmap for the mine's closure will be presented to the country in the coming days. Reuters | December 15, 2023 | 9:48 am
New sanctions bar UK entities from trading most Russian metals Prices of metals produced by Russia surged as panicky traders struggled to understand how widespread the impact of the measures would be. Bloomberg News | December 15, 2023 | 6:41 am
TechMet urges UK Gov’t to “catch up” on race for critical minerals The UK is "way behind" where it should be to ensure sufficient supplies of critical metals for EVs and renewable energy storage sectors, report says. Staff Writer | December 15, 2023 | 1:01 am
Rio Tinto’s Nuton, Arizona Sonoran Copper ink joint venture option on Cactus project Rio Tinto invested C$30.5 million for a 7.4% stake last year in the project. Henry Lazenby | December 14, 2023 | 5:20 pm
Workers at Antofagasta copper mine approve contract offer, averting strike The nearly 400 employees represented by the union rejected an earlier contract proposal last month. Reuters | December 14, 2023 | 12:03 pm
NORI says environmental impact of seafloor mining less than feared The Metals Company is planning to begin deep sea mining by late-2025. Staff Writer | December 14, 2023 | 10:50 am
