LME volumes hit 10-year high in second quarter, led by nickel Nickel volumes have rebounded this year after languishing since a March 2022 price spike that caused the LME to suspend trading. Reuters | July 4, 2024 | 6:59 am
BHP cuts employee incentives by 20% globally — report The world's largest listed miner is reportedly paying only 80% of short-term incentives offered in 2023-24, as it missed performance goals. Cecilia Jamasmie | July 4, 2024 | 5:57 am
Vale picks mining veteran Usmar to lead base metals turnaround The board of the Rio de Janeiro-based miner reportedly chose Shaun Usmar to head Vale Base Metals. Bloomberg News | July 3, 2024 | 1:06 pm
Royal Road’s Saudi JV wins bid for copper-gold exploration licences The company has committed $3.9 million in exploration activities for the first two years. Staff Writer | July 3, 2024 | 10:48 am
Antofagasta outlines progress on $4.4bn Centinela expansion The second concentrator will add 144,000 tonnes of copper a year to the company’s overall production, extending the mine's life 30 more years. Cecilia Jamasmie | July 3, 2024 | 8:18 am
UAE’S IHC unit withdraws offer for Vedanta’s Zambian copper mines over price International Resources Holding had wanted a majority stake in Konkola Copper Mines to consolidate its position in Zambia after buying a 51% stake in Mopani. Reuters | July 3, 2024 | 8:16 am
Codelco sees copper output ticking up in second half of year Codelco's output continued to decline year-on-year in the first half of 2024 but should tick up in the second half of this year. Reuters | July 3, 2024 | 7:57 am
Freeport Indonesia secures copper concentrate export permit PT Freeport Indonesia has secured an export permit for copper concentrate for the rest of year. Reuters | July 3, 2024 | 7:55 am
BHP requests permit in Chile for trolley system at Escondida mine The project includes the installation of a trolley system to assist the transit of mining trucks in areas with high fuel consumption. Reuters | July 3, 2024 | 7:19 am
