Rio Tinto under ‘immense pressure’ to develop US copper project Pressure was coming from "parts of the US government," chair Dominic Barton said. Reuters | May 4, 2023 | 8:36 am
Cochilco raises 2023 copper price forecast to $3.90/pound According to Cochilco, the world market for refined copper will have a deficit this year of 67,000 tonnes. Reuters | May 4, 2023 | 7:56 am
Nevada regains position as most attractive mining jurisdiction The Fraser Institute's Annual Survey of Mining Companies places Western Australia second, and the Canadian province of Saskatchewan third. Staff Writer | May 4, 2023 | 6:33 am
Newcrest board backs $19.5 billion Newmont takeover The due diligence period on the offer ends May 11. Bloomberg News | May 3, 2023 | 6:03 pm
Barrick CEO Bristow rails against Ottawa’s interference in Canadian mining industry Barrick CEO Mark Bristow is refusing to shut the door on accepting new investment from state-controlled Chinese companies, and questioned the move by Canada and the US to clamp down on such investment. Niall McGee – The Globe & Mail | May 3, 2023 | 5:49 pm
Copper price is set to close at its lowest level since January 5 A Reuters poll showed that prices are due to recover slightly, supported by low inventories. MINING.COM Staff Writer | May 3, 2023 | 10:15 am
Barrick CEO says he has ‘no intention’ of pursuing Teck deal “We’re certainly learning from it and watching how that progresses,” said Mark Bristow. Bloomberg News | May 3, 2023 | 8:13 am
Copper mine flashes warning of ‘huge crisis’ for world supply Wood Mackenzie estimates a greener world will be short about six million tonnes of copper by next decade. Bloomberg News | May 3, 2023 | 8:01 am
Freeport Indonesia must divest additional 10% stake to govt, says minister Freeport will also be required to build a smelter in Papua. Reuters | May 3, 2023 | 7:40 am