Top miners’ reclamation obligations could surpass industry’s total debt by 2033 Environmental reclamation and site restoration costs for 24 major mining companies reached $72 billion in 2023, up from $40 billion in 2013. Staff Writer | September 23, 2024 | 10:43 am
BHP and Cobre to jointly explore for copper in Botswana The potential earn-in JV covers Cobre's Kitlanya West and East copper projects in the Kalahari copper belt. Cecilia Jamasmie | September 23, 2024 | 9:47 am
Indonesia President inaugurates production of Freeport Indonesia’s copper smelter The new $3.7 billion smelter has annual input capacity of 1.7 million metric tons of copper concentrate. Reuters | September 23, 2024 | 7:14 am
Aurubis sees earnings decline next year on lower metal prices Inflated start-up costs for strategic projects, especially for a new recycling plant in the US, have weighed on next year's outlook. Reuters | September 23, 2024 | 6:53 am
First Quantum suspends operations at Zambia mine after fatal accident The company said the worker died following an incident involving a tracked dozer and a light vehicle. Reuters | September 23, 2024 | 6:41 am
Rio Tinto chairman warns mining deals won’t solve supply crisis Rio has been quiet in the dealmaking space, instead allocating hundreds of millions into exploration with a focus on copper and lithium. Bloomberg News | September 22, 2024 | 5:52 pm
Yukon First Nations appeal BMC’s Kudz Ze Kayah project in court Among the arguments, CBC reported, was the lack of consultation on the project’s economic feasibility. Staff Writer | September 22, 2024 | 7:21 am
Copper price sees strong week with boost from Fed, China demand Base metals sank to multi-month lows in August amid disappointment over Chinese demand and a cloudy outlook for the global economy. Bloomberg News | September 20, 2024 | 9:27 am
Zambian miners resist state taking bigger stake in resources The Zambia Chamber of Mines met with the mining ministry on Friday to “reach an amicable settlement” on the contested clause. Bloomberg News | September 20, 2024 | 9:19 am
