Newcrest interim CEO on Newmont merger, and why copper could soon outshine gold Newmont had to come back quite a few times before Newcrest’s board “felt we could not say no.” Alisha Hiyate | July 28, 2023 | 2:03 pm
Codelco sees lower copper output, more stoppages in 2023 Chile's state miner posted a copper output of 633,000 metric tons over January to June, down 14% from a year earlier. Reuters | July 28, 2023 | 11:43 am
Vale doesn’t rule out IPO or merger of base metals unit ahead Vale announced deals to sell a 13% stake in the business for $3.4 billion to Saudi Arabia's Ma'aden and US firm Engine No. 1. Reuters | July 28, 2023 | 8:17 am
Grupo Mexico posts profit rise on copper sales, transport unit The company reported on Thursday a 38% rise in second-quarter net profit on higher copper sales. Reuters | July 28, 2023 | 6:51 am
Southern Copper starts legal action to evict illegal miners In its quarterly report, the company said that part of its Los Chancas project "continues to be occupied by illegal miners"In its quarterly report, the company said that part of its Los Chancas project "continues to be occupied by illegal miners". Reuters | July 27, 2023 | 5:03 pm
Vale to sell 13% stake in base metals unit for $3.4 billion Vale Base Metals is expected to invest $25-30 billion in new projects across Brazil, Canada and Indonesia over the next decade. Staff Writer | July 27, 2023 | 4:25 pm
Ivanhoe eyes higher copper production following metallurgical test breakthrough The company is targeting total copper recoveries in the mid-nineties from this breakthrough. Staff Writer | July 27, 2023 | 2:36 pm
Kodiak Copper confirms extended mineralization at MPD project in British Columbia The company said a new zone of structurally hosted high-grade copper-gold-silver mineralization was discovered east of the West zone. Staff Writer | July 27, 2023 | 8:29 am
Analysts mark down copper price forecasts as output ramps up Analysts have pared price forecasts for the metal as supply expands while demand in China remains muted. Reuters | July 27, 2023 | 8:13 am