US Strategic Metals tapped for $400 million EXIM Bank loan The company plans to mine what it considers to be the largest cobalt reserve in North America. Staff Writer | August 8, 2024 | 9:01 am
BHP seeking buyer for gold, copper mines in Brazil The group is planning to sell the Brazilian copper and gold assets it acquired with the takeover of Oz Minerals. Bloomberg News | August 7, 2024 | 10:41 am
Chilean fuel-to-forestry giant Copec explores green hydrogen, copper options Empresas Copec, which still gets most of its profit from fossil fuels and wood products, is stepping up its foray into renewable energy and alternative fuels. Bloomberg News | August 7, 2024 | 10:26 am
Glencore holding 25,000t of zinc stocks after Zhairem ramp-up Over the past five years, Glencore’s zinc production has shrunk, following sales of its shares of zinc projects in Bolivia and Peru. Reuters | August 7, 2024 | 9:30 am
Chile copper export revenue rises in July despite lower prices Chile accounts for more than a quarter of the world’s mined copper. Bloomberg News | August 7, 2024 | 7:17 am
Zambia’s proposed minerals law may hurt copper investment, mines lobby says Barrick and First Quantum Minerals are among investors that have outlined major expansion plans to boost copper output in Zambia. Reuters | August 7, 2024 | 6:56 am
Glencore scraps plans to ditch coal on investor pressure Over 95% of Glencore shareholders were in favour of keeping the coal unit to help fund growth in metals and support returns. Cecilia Jamasmie | August 7, 2024 | 4:03 am
First Quantum to trim work hours at stalled Panama copper mine The decision may put some pressure on the new administration of President Jose Raul Mulino. Bloomberg News | August 6, 2024 | 3:45 pm
Copper 360 reboots Rietberg mine in South Africa This marks the first time in more than four decades that copper has been mined from the O’Kiep district. Staff Writer | August 6, 2024 | 10:49 am