Mining People: Avalon Advanced, Fleet Space, Star Diamond, Bell Copper, Honey Badger, Silver Viper Key moves in the mining sector. Staff Writer | February 16, 2024 | 6:46 am
Peru approves $2 billion Antamina copper mine expansion Long-awaited permit will extend the life of Peru's largest copper mine, co-owned by Glencore, BHP, Teck and Mitsubishi, from 2028 to 2036. Cecilia Jamasmie | February 16, 2024 | 5:28 am
First Quantum exercises option over two licences as it looks to expand in Zambia The Canadian miner has not yet earned a stake in African Pioneer Zambia, the company that holds the copper licences. Cecilia Jamasmie | February 16, 2024 | 3:24 am
Copper price bounces as analysts see short covering fueling big gains Prices climbed as much as 1.5% to trade above $8,300 a ton on the London Metal Exchange on Thursday. Bloomberg News | February 15, 2024 | 5:14 pm
Strong metals and mining M&A activity set to remain over 2024 — report The industry saw a significant rise in M&A activity across metals and mining companies in 2023 driven by the global energy transition, a theme Fitch Solutions expects to continue. Staff Writer | February 15, 2024 | 4:49 pm
Guinea talks carbon tax on mines as it seeks $4.3 billion loans Guinea is among the world’s top producers of bauxite, a raw material used to produce aluminum. Bloomberg News | February 15, 2024 | 3:30 pm
Exxon aims to make key lithium technology decision by year-end The company last fall announced its long-anticipated plan to filter lithium from the Smackover brine formation that flows under Arkansas. Reuters | February 15, 2024 | 2:07 pm
Kinross Gold lifts Great Bear inferred resource by 45% Great Bear now contains 3.3 million oz. gold in 22.7 million inferred tonnes, open pit and underground, grading 4.5 grams gold per tonne. Henry Lazenby | February 15, 2024 | 1:09 pm
Vale to follow BHP on new provisions over dam failure, analysts say Analysts have calculated an additional provision between about $3.5 billion and $3.6 billion to match BHP provisions for the year. Reuters | February 15, 2024 | 12:35 pm