Peru mine spending at eight-year low signals copper tightening Mining investment in Peru is expected to reach $3 billion to $3.5 billion in 2024, the country’s industry group SNMPE said. Bloomberg News | November 7, 2023 | 8:33 am
Copper, cobalt supplies from Congo stranded by truckers’ strike Already 2,700 trucks carrying around 89,000 metric tons of copper are stuck in Kolwezi. Reuters | November 7, 2023 | 8:16 am
Column: New EU power market, same old problems for metals sector The bloc's power prices have historically been twice those of the US, but are now three or four times higher. Reuters | November 7, 2023 | 7:46 am
Bill Gates-backed mining startup wants to expand into Congo KoBold is exploring around the world for new deposits of metals that are key to the global green-energy transition. Bloomberg News | November 6, 2023 | 11:19 am
Taseko raises additional $100 million for Florence copper project Tarus Mining Royalty Fund will contribute $50 million toward a royalty and Société Générale will provide a $50 million secured debt facility. Staff Writer | November 6, 2023 | 10:51 am
Billionaire-owned Vedanta seals Zambian copper assets deal Vedanta and the Zambian government have sealed an agreement that restores the Indian company's ownership of Konkola Copper Mines. Reuters | November 6, 2023 | 9:20 am
Ivanhoe records $108m third-quarter profit, shares up The Kamoa-Kakula copper complex sold 96,509 tonnes of payable copper in Q3 2023. Staff Writer | November 6, 2023 | 8:39 am
Chile copper production uneven in September – Cochilco Codelco's production slipped 5.3% year-over-year in the month to 116,700 metric tons. Reuters | November 6, 2023 | 7:54 am
Barrick Gold boosts stake in Hercules amid takeovers craze Barrick's $17 million investment in Hercules Silver grows its stake in the junior to about 12% from 2.7%. Cecilia Jamasmie | November 6, 2023 | 7:03 am
