UN to start taking deep-sea mining applications this July The decision came after the International Seabed Authority spent the past two weeks debating standards for the new and controversial practice. Reuters | March 31, 2023 | 3:46 pm
Giant Chile mines are struggling just as world needs more copper Chile, which accounts for a quarter of the world’s mined copper, posted its lowest monthly production in six years on Friday. Bloomberg News | March 31, 2023 | 10:43 am
Codelco’s 2022 pretax profit slumps 63% The world's largest copper producer said its yearly production is down 10.6%. Reuters | March 31, 2023 | 9:29 am
Generation Mining’s updated Marathon feasibility shows strong economics The company recently finalized an offtake agreement with Glencore. Staff Writer | March 31, 2023 | 9:20 am
Illegal Amazon miners are expanding into copper as prices surge Earlier this month, agents dismantled illicit mines in Canaa dos Carajas, near Vale’s Sossego mine. Bloomberg News | March 31, 2023 | 7:33 am
Rio Tinto, First Quantum partner to move La Granja copper project in Peru to development First Quantum will acquire a 55% stake in the project for $105 million, making it the majority owner. Staff Writer | March 30, 2023 | 3:11 pm
CHART: Demand is soaring, but global mining is not expanding Mining companies have to run just to stand still, but expansion capex in the global mining sector as a percentage of profits has halved in a decade. Frik Els | March 30, 2023 | 10:56 am
Peru copper mines aim for output boost in 2023 after protest impact fades Power data from Peru's private power sector body COES shows activity at Peru's top mines has stabilized since early March. Reuters | March 30, 2023 | 9:59 am
Codelco loses environmental licence for Ecuador copper project A provincial appeals court has stripped Codelco of its environmental licence for the Llurimagua project. Bloomberg News | March 30, 2023 | 9:36 am