Panama vows to talk to First Quantum in coming months on shuttered mine Panama’s new president has said that the mine may need to be temporarily reopened in order to responsibly prepare for a permanent closure. Bloomberg News | July 18, 2024 | 12:41 pm
Nornickel weighs projects in new top market China Nornickel executives held talks with potential Chinese partners this month and signed about 10 memorandums of understanding, Bloomberg sources say. Bloomberg News | July 18, 2024 | 11:52 am
Silver Mines secures $20m investment from Lundin, Rule-led fund The company's flagship project hosts the largest known undeveloped silver resource in Australia. Staff Writer | July 18, 2024 | 10:59 am
Foran upsizes placement to $263m for Saskatchewan projects The proceeds will primarily go to the McIlvenna Bay copper and Bigstone copper-zinc projects. Staff Writer | July 18, 2024 | 10:24 am
US has second-longest mine development timeline in the world, S&P Global says Mines in the US go from discovery to production on an average of 29 years. MINING.COM Staff Writer | July 18, 2024 | 10:07 am
Blank-check firm to buy Turkish mine in $290 million bet on copper demand The Gediktepe mine marks the beginning of ACG's global copper consolidation strategy. Reuters | July 18, 2024 | 9:54 am
Copper output from Codelco this year to top 2023, chairman says "We have reaffirmed our commitment for 2024 production to surpass 2023," said Maximo Pacheco. Reuters | July 18, 2024 | 8:29 am
China copper smelters eye more output cuts as raw material supply tightens CRU predicts a shortage of concentrate feed globally in 2025 at 1.1 million metric tons of copper-in-concentrate. Reuters | July 18, 2024 | 8:25 am
Anglo’s sale of De Beers hindered by diamond market state Anglo American has warned of more production cuts at De Beers due to reduced spending by Chinese consumers prolonging the market downturn. Cecilia Jamasmie | July 18, 2024 | 4:33 am
