Freeport McMoran sees lower sales in Q2 on Indonesian permit delays The company expects copper sales to be 5% below April 2024 guidance of 975 million pounds. Reuters | July 2, 2024 | 7:17 am
Copper price extends rebound on hopes for US rate cuts, China stimulus Copper rose for a third session, extending its rebound from a two-month low. Bloomberg News | July 2, 2024 | 7:14 am
India in talks with Africa, Latin America countries for critical mineral blocks India is also in discussions with Australia for critical minerals. Reuters | July 2, 2024 | 7:08 am
Rio Tinto in talks to prevent another strike at Oyu Tolgoi Rio Tinto has said changes to Mongolia’s Labour Law in 2022 had prompted it to recalculate employee salaries. Staff Writer | July 2, 2024 | 6:33 am
Copper’s unicorns Silicon Valley is littered with them. Now mining has its own $1 billion club. Frik Els | July 1, 2024 | 4:08 pm
Southern Copper flags progress at key Peru mine, share prices rise Tia Maria is eventually expected to produce 120,000 metric tons of copper annually. Reuters | July 1, 2024 | 10:52 am
Southern Copper to restart development of Peru mine on Monday The Tia Maria mine has been on hold for years amid community opposition over fears of the mine's environmental impact. Reuters | June 30, 2024 | 1:39 pm
Court approves billionaire Agarwal’s plan to reclaim Zambia mine Vedanta now needs to follow the court ruling by releasing $250 million to settle debts that KCM owes to contractors and suppliers. Bloomberg News | June 29, 2024 | 9:22 pm
Miner M&A spotlight may shift to Teck and Freeport The question of where the M&A spotlight is next going to fall has a sector newly buzzing with intrigue. Reuters | June 28, 2024 | 10:02 am