Copper Study Group expects big supply surplus in 2024 Production is forecast to exceed usage by 467,000 metric tons in 2024, a significant upward revision from the expected 297,000 metric ton surplus from April. Reuters | October 6, 2023 | 11:54 am
China’s grip on germanium gets challenged by new Congo plant China restricted exports of the metal in August amid an escalation of trade war on technology with the US and Europe. Bloomberg News | October 6, 2023 | 9:28 am
Codelco announces leadership shakeup, outgoing CFO to play key lithium role Alejandro Rivera has been closely involved with Codelco's lithium strategy for years. Reuters | October 6, 2023 | 9:25 am
Pan Pacific sees 0.3% rise in H2 consigned copper output y/y PPC plans to consign production of 291,900 metric tons of refined copper to its parent firms' smelters. Reuters | October 6, 2023 | 8:02 am
Codelco reassessing costs of projects to upgrade mines Chairman Pacheco also said the company would maintain capital spending next year at $4 billion, roughly in line with 2023. Reuters | October 6, 2023 | 7:47 am
Strike at Newmont’s Peñaquito mine ends with 8% pay raise Agreement ends a four-month-long strike at Mexico’s largest gold mine, which cost Newmont millions of dollars a day. Cecilia Jamasmie | October 6, 2023 | 3:50 am
Newmont’s $16.7bn Newcrest deal gets all regulatory nods The deal still awaits the crucial Newcrest shareholder vote, scheduled for Oct. 13. Reuters | October 5, 2023 | 5:54 pm
Lundin in talks with Japanese trading houses to develop Argentina mine New CEO Jack Lundin said the company is conducting risk analysis before finalizing strategic partners to help develop the Josemaria copper-gold mine. Reuters | October 5, 2023 | 3:14 pm
BHP to focus on cost cuts, patient on M&A For BHP to engage in a buyout, it would need to consider price, ease of jurisdiction, and opportunity to add value. Reuters | October 5, 2023 | 2:03 pm
