Hudbay demonstrates strong cost control in Q2, improves guidance Hudbay has improved its consolidated cash cost guidance range to $0.90-$1.10/lb. of copper. Staff Writer | August 14, 2024 | 11:32 am
Teck-Glencore JV begins environmental studies to jumpstart stalled Minnesota project NewRange plans to bring a new team with global expertise on tailings storage, water science, efficient production and carbon reduction. Staff Writer | August 14, 2024 | 8:33 am
Vedanta boosts stake sale in Hindustan Zinc to top $950 million Vedanta's U.K.-based parent, Vedanta Resources, is seeking to cut its debt by $3 billion over the next three years. Reuters | August 14, 2024 | 7:06 am
SolGold sets Cascabel project milestones to reach by year-end It has launched a geotechnical program to identify locations for critical infrastructure, including the process plant and tailings storage facility. Staff Writer | August 14, 2024 | 6:30 am
Could a union halt production at the world’s biggest copper mine? BHP's Escondida mine in Chile produced nearly 5% of the world's copper in 2023. Reuters | August 14, 2024 | 4:02 am
Franco-Nevada buys Yanacocha gold mine royalty for $210 million The royalty and streaming company is buying an existing 1.8% net smelter return royalty on all minerals covering the gold mine in Peru. Cecilia Jamasmie | August 14, 2024 | 3:49 am
BHP removes striking workers at huge Chile copper mine, output at risk The union’s 2,400 members downed tools at Escondida Tuesday morning after rejecting BHP’s latest proposal as part of a collective bargaining. Reuters | August 13, 2024 | 3:49 pm
Wave of Chinese copper fills warehouses abroad as demand weakens China is typically a significant net copper importer, but weak local conditions have reversed global trade flows in recent months. Bloomberg News | August 13, 2024 | 12:55 pm
Navoi Mining to invest $23 million in Muruntau mine expansion NMMC is currently ranked as the fourth-largest gold mining company in the world, producing 2.9 million oz. of the metal in 2023. Staff Writer | August 13, 2024 | 11:28 am