Sierra Metals’ Yauricocha mine in Peru reaches full production The underground copper-gold-silver mine now processes 3,600 tonnes of ore per day, a 30% increase from December 2023. Staff Writer | December 4, 2024 | 5:57 am
Rio Tinto unveils lithium resource at Rincon project It would produce 53,000 tonnes of battery-grade lithium carbonate annually over a 40-year mine life, with plans to expand to 60,000 tpy. Cecilia Jamasmie | December 4, 2024 | 3:43 am
Rio Tinto sells copper mine stake to Sumitomo for $399 million Sumitomo is slated to acquire a 30% equity share of the Winu project in Australia. Bloomberg News | December 3, 2024 | 2:33 pm
Biden to announce millions in African Lobito corridor funding Biden is expected to announce an additional $600 million in financing during his trip to Angola. Reuters | December 3, 2024 | 1:25 pm
Portugal plans to hold delayed lithium tender in 2025 The international tender for lithium prospecting will target six areas in the north and center of the country. Reuters | December 3, 2024 | 12:33 pm
Trump tariffs could reshape global copper landscape Canadian and Mexican exports unlikely to be cost-competitive and US would look elsewhere for 16% of its refined copper imports and 48% of semi-finished copper products. Frik Els | December 3, 2024 | 12:09 pm
Foran advances McIlvenna Bay copper-zinc mine toward 2025 production McIlvenna Bay is the largest undeveloped volcanogenic-hosted massive sulphide deposit in the region. Staff Writer | December 3, 2024 | 10:46 am
Vale Base Metals completes Voisey’s Bay underground mine in Labrador What began life as open pit in 2005 is now two underground mines – Reid Brook and Eastern Deeps. Staff Writer | December 3, 2024 | 10:42 am
Steel industry will take more time to decarbonize, says Vale CEO The miner reported an output of about 328 million tonnes this year. Reuters | December 3, 2024 | 9:46 am