First Quantum launches standstill deal with Chinese shareholder Jiangxi has also agreed that it will not dispose of its shares under a block deal. Bloomberg News | July 23, 2024 | 2:50 pm
Freeport McMoran plans $7.5bn investment to expand Chile copper mine The miner also said it expects to submit an environmental permit application to expand the El Abra mine by the end of 2025. Reuters | July 23, 2024 | 12:33 pm
Imperial Metals extends mineralization at Mount Polley mine Mineralization was extended over a 895-metre interval grading 0.26% copper and 0.32 g/t gold. Staff Writer | July 23, 2024 | 10:42 am
Chile’s mining ministry accepts Cochilco head’s resignation Joaquin Morales will be replaced on an interim basis by the agency's current prosecutor Claudia Rodriguez. Reuters | July 23, 2024 | 10:20 am
Scientists discover ‘dark oxygen’ being produced by seabed metals Researchers sampled the seabed of the Clarion-Clapperton Zone to assess the possible impacts of deep-sea mining. Staff Writer | July 23, 2024 | 9:37 am
Lifezone produces first metal from Kabanga nickel project in Tanzania This milestone marks the first metal production from Kabanga since the deposit’s initial discovery in 1975. Staff Writer | July 23, 2024 | 8:50 am
Civil society groups file complaint against The Metals Company Deep-sea miner is said to have misled investors, government officials, and the public through material misrepresentations and omissions. Staff Writer | July 23, 2024 | 7:43 am
Freeport-McMoran beats second-quarter profit estimates The company benefited from higher copper prices. Reuters | July 23, 2024 | 7:01 am
Codelco obtains $532 million in climate financing The funds will be used to finance its decarbonization plan, under which it aims to decarbonize 100% of its energy matrix by 2030. Reuters | July 23, 2024 | 6:57 am