MMG plans to raise $1.16bn to repay debt, fund mine development The Chinese miner is raising funds to support the ongoing development of its operating mines. Reuters | June 3, 2024 | 4:46 pm
China to build $1.5 billion copper smelter in Kazakhstan Copper smelter is projected to have an annual production capacity of 300,000 tonnes. Staff Writer | June 3, 2024 | 11:11 am
Cascadia Minerals stock soars on fund manager financing The private placement is led by Michael Gentile, one of its largest shareholders, who plans to up his stake to 9.99%. Staff Writer | June 3, 2024 | 9:45 am
New technocrat Mexican leader unlikely pro-mining even as she replaces ‘whim and bombast’ Claudia Sheinbaum is expected to continue the anti-mining policies of outgoing President Andres Manuel López Obrador. Colin McClelland | June 3, 2024 | 7:49 am
Freeport Indonesia raises output target, awaits new export permit Indonesia banned shipments of all raw minerals from June 2023, but Freeport was given a year-long dispensation. Reuters | June 3, 2024 | 7:18 am
Taseko’s Gibraltar copper mine halted as workers strike More than 500 workers walked off the job over the weekend at the Gibraltar copper mine in central B.C., Canada. Cecilia Jamasmie | June 3, 2024 | 3:53 am
New project approval could allow Peru to produce four million tonnes of copper annually — minister The Minister of Energy and Mines, Rómulo Mucho, said Peru's copper production could eventually rival that of neighbouring Chile. Staff Writer | June 2, 2024 | 11:39 am
Gold, zinc help manipulate water to create clean fuels with no dirty byproducts Researchers have figured out how to create a clean energy loop using gold. Staff Writer | June 2, 2024 | 6:48 am
China Gold’s Jiama mine in Tibet resumes operations The copper-gold mine was suspended on March 27, 2023, due to a tailings overflow at the Guolanggou dam. Staff Writer | May 31, 2024 | 2:35 pm
