Freeport cranks up copper output as rivals scour for deals to grow Freeport expects to produce 800 million pounds of copper annually as soon as 2027. Reuters | September 29, 2024 | 9:14 am
Major copper discoveries scarce as industry shuns greenfield exploration — report Only 14 of the 239 major deposits since 1990 were from the past decade, according to S&P Global. Staff Writer | September 29, 2024 | 9:08 am
Panama eyes export of First Quantum’s stockpiled copper Shuttered Cobre Panama mine had accounted for about 1.5% of global copper production and about 4% of Panama’s gross domestic product. Bloomberg News | September 27, 2024 | 4:00 pm
Darwin Financial reaches $55m deal to revitalize historic California critical minerals mine The Darwin project aims to revitalize a historically significant mining operation with over $749 million previously invested in existing infrastructure. Staff Writer | September 27, 2024 | 3:35 pm
Mercuria blazes trail for energy traders eyeing a metals bonanza As of Sept. 25, Mercuria was advertising four metals-related jobs on LinkedIn. Reuters | September 27, 2024 | 10:11 am
Vale considers listing base metals business in late 2026 Speaking at the FT Mining Summit, chairman Mark Cutifani said Vale Base Metals could be valued at $40 billion. Staff Writer | September 27, 2024 | 9:20 am
Filo shareholders approve acquisition by BHP, Lundin BHP and Lundin would acquire Filo and its flagship copper asset for total consideration of approximately C$4.1 billion. Staff Writer | September 27, 2024 | 8:17 am
Mining industry struggles with valuation gap amid shift to copper Big diversified miners are watching rival copper producers gradually grow beyond their reach. Reuters | September 27, 2024 | 7:28 am
LME Week: Global metal industry flocks to London for annual shindig Metal consumers, producers and traders from around the world are arriving in London for the annual industry gathering. Reuters | September 27, 2024 | 6:48 am