Copper price rises despite weak Chinese demand Demand recovery is expected in mid or late-March, according to some market participants. MINING.COM Staff Writer | February 21, 2023 | 8:40 am
Antofagasta slashes annual dividend after profit falls Antofagasta declared a final dividend of 50.5 cents per share for investors. Reuters | February 21, 2023 | 7:25 am
Uganda to set up state mining firm, take equity in licences Country has large deposits of a gold, cobalt, copper, iron ore, rare earths, vermiculite and phosphates. Reuters | February 21, 2023 | 7:10 am
Teck Resources to become Teck Metals as it spins off coal unit Teck's multibillion-dollar steelmaking coal unit will be an independent publicly-listed firm called Elk Valley Resources Ltd. Cecilia Jamasmie | February 21, 2023 | 3:38 am
Deep-sea mining would impact ecosystems beyond those in targeted areas – report Researchers found that the destruction of key hydrothermal vents by deep-sea mining could have knock-on impacts on vent fields hundreds of kilometres away. Staff Writer | February 20, 2023 | 5:05 am
Rambler pauses copper-gold mine in Newfoundland amid financial restructuring talks Earlier this month, the company also defaulted on its gold purchase and sale agreement with Elemental Altus Royalties. Staff Writer | February 19, 2023 | 10:33 am
First Quantum sets Feb. 23 as date to halt Panama operations amid dispute Company approaches a "critical point" of copper storage capacity after the government suspended its loading permissions at a port. Reuters | February 17, 2023 | 2:14 pm
Ecuador mining export revenues jump nearly 33% in 2022 The Andean nation has abundant mineral reserves, but has lagged regional neighbors like Peru and Chile in large-scale mining development. Reuters | February 17, 2023 | 1:24 pm
Congo watchdog wants billions of dollars more From China infra deal Congo hasn’t been adequately compensated for the copper and cobalt reserves it contributed to the venture, the General Inspectorate of Finance said. Bloomberg News | February 17, 2023 | 10:17 am