China’s Nanfang to open major copper smelter ahead of expectations The 400,000 metric ton-per-year smelter will start processing copper concentrates within three months. Reuters | August 10, 2023 | 8:31 am
Codelco and Anglo American discuss mining pact to lift copper output in Chile Talks are focusing on enabling Codelco’s Andina mine and Anglo’s Los Bronces to tap rich ore grades sitting between the two operations. Bloomberg News | August 10, 2023 | 7:42 am
New Gold halts New Afton mine on tailings safety woes The company said “geotechnical variances” were noticed during a routine inspection, which require further review by an engineer. Cecilia Jamasmie | August 10, 2023 | 7:23 am
Antofagasta profit jumps despite lower copper prices, boosts dividend Antofagasta increased its interim dividend to 11.7 cents per share from 9.2 cents last year, after posting a 7.5% rise in half-year profit . Cecilia Jamasmie | August 10, 2023 | 3:48 am
Mining is growing rapidly – so are investor-state disputes New study shows dramatic increase in investor-state disputes and 80% of miners and counsel involved in arbitration expect greater government intervention over the next year. Frik Els | August 9, 2023 | 1:09 pm
Ecuador’s President asks court to resume environmental consultations Popular referendums, halted since last week, are a necessary step for any mining company hoping to obtain an environmental license in Ecuador. Cecilia Jamasmie | August 9, 2023 | 9:55 am
Newcrest leftovers don’t appeal to Australia’s top gold miners Newmont is widely expected by sector executives to sell the two Newcrest-operated mines in Western Australia. Bloomberg News | August 9, 2023 | 7:46 am
Hudbay Minerals closes second quarter with $14.9 million loss It attributed the results to the acquisition of Copper Mountain, as well as lower copper and zinc prices, higher costs and lower sales. Cecilia Jamasmie | August 9, 2023 | 4:07 am
Nunavut copper finds send Aston Metals shares through the stratosphere The Storm copper project on Somerset Island, Nunavut, has been the focus of intensive exploration efforts. Henry Lazenby | August 8, 2023 | 2:45 pm
