Glencore flags cash tied up in record trading profits The world’s biggest commodity trader is expected to report record profits next week, driven by surging thermal coal prices and record trading returns. Bloomberg News | July 29, 2022 | 5:55 am
Eldorado Gold operating costs up more than 20% in Q2 The Canadian gold miner saw cash operating costs for the second quarter jump by 22%, while costs per ounce sold increased by 9%. Cecilia Jamasmie | July 29, 2022 | 3:18 am
Copper producers step up campaign against Chile royalty proposal Anglo American Plc indicated it needs greater regulatory clarity before proceeding with major investments. Bloomberg News | July 28, 2022 | 1:36 pm
Anglo American’s new boss sounds warning on future copper supply The world is headed for a severe shortage of copper as new mines become increasingly difficult to build, said Duncan Wanblad. Bloomberg News | July 28, 2022 | 10:12 am
If Brazil legalizes more Amazon mining, it would drive deforestation, study says Building new roads to reach mines would allow illegal loggers, land grabbers and ranchers easier access to relatively untouched parts of the forest, study says. Reuters | July 28, 2022 | 8:12 am
Anglo American cuts dividend as inflation, extreme weather erode earnings Anglo joined rival miners, including Rio Tinto and Freeport-McMoRan, in reporting lower profits. Reuters | July 28, 2022 | 7:55 am
Chile mining industry must improve safety standards, regulator says Twelve people died in mining accidents in Chile in 2021. Reuters | July 28, 2022 | 7:49 am
Grupo Mexico expects further drop in copper production for Chile and Peru The decrease in US copper demand and conflicts in Peru's Las Bambas mine were among the risks. Reuters | July 27, 2022 | 12:34 pm
NorthWest Copper lifts Lorraine copper-gold resource The inferred resource is 45.2 million tonnes for 427,931 lb. of metal grading at 0.43% copper and 0.50% copper-equivalent. Henry Lazenby | July 27, 2022 | 10:21 am