Anglo American to sell two assets to Taurus Funds for up to $195 million Anglo plans to divest less profitable assets and focus on expanding copper output. Reuters | July 22, 2024 | 7:01 am
Saudi Arabia to visit Brazil and Chile as seeks to diversify mining The diversification strategy includes plans to expand into international mining to secure access to minerals including copper, cobalt and nickel, as well as lithium. Reuters | July 21, 2024 | 9:41 am
Video: Junior market dominated by ‘the lame, the halt and the blind,’ says Rule Over two-thirds of today’s junior miners are essentially worthless, says resource speculator Rick Rule. Northern Miner Staff | July 19, 2024 | 12:30 pm
Vedanta pays $246 million to regain Zambia copper mines The metals and energy major plans to ramp up copper production from the mines to 300,000 tons a year and cobalt output to 6,000 tons. Bloomberg News | July 19, 2024 | 10:02 am
Zambia asks mines to curtail normal power use by 40% amid crunch Production has so far been stable thanks to co-operation between the mining industry and the government. Bloomberg News | July 19, 2024 | 9:49 am
Vale resumes operations at Salobo 3 after fire Vale said 2024 copper production guidance remains at 320-355 kt. Staff Writer | July 19, 2024 | 8:22 am
Copper price set for worst week since 2022 as China Plenum disappoints Copper prices have retreated from a record hit in May on concerns about the strength of demand in China. Bloomberg News | July 19, 2024 | 7:02 am
Boliden’s Q2 earnings disappoint despite near fivefold rise The miner said higher metal prices boosted its earnings, while lower treatment charges and metal premiums weighed on the result. Reuters | July 19, 2024 | 6:52 am
Chile copper, lithium mines rattled by 7.4-magnitude quake The earthquake struck 45 km outside San Pedro de Atacama, northern Chile, home to the country's major copper and lithium mines. Cecilia Jamasmie | July 19, 2024 | 3:58 am
