Solitario Resources stock lifted by Newmont investment Newmont has become its largest controlling shareholder following a $1.8m investment. Staff Writer | August 2, 2023 | 4:21 pm
Codelco sees copper output bottoming out with recovery in sight Its chairman said the $3.5 billion to $4 billion a year Codelco is spending will ensure production over the next five decades. Bloomberg News | August 2, 2023 | 12:20 pm
Over 20m tonnes of copper demand could be destroyed through 2030 New research lays out scope of substitution and thrifting of copper as automakers and other manufacturers find ways to head off a supply crunch. Frik Els | August 2, 2023 | 11:17 am
Weak China manufacturing, lack of stimulus push copper prices down China’s manufacturing activity dropped for a fourth consecutive month in July. Staff Writer | August 2, 2023 | 8:02 am
Column: China’s weak PMI means good news for commodities, for now China’s manufacturing activity dropped for a fourth consecutive month in July. Reuters | August 2, 2023 | 7:50 am
Trafigura’s $600 million cobalt play faces cash crunch in Congo Trafigura’s metals unit is already under fire after announcing in February it was the victim of a massive alleged nickel fraud. Bloomberg News | August 2, 2023 | 7:42 am
Ecuador court halts referendums on mining, oil projects Popular referendums are a necessary step for any mining company hoping to obtain an environmental license in Ecuador. Cecilia Jamasmie | August 2, 2023 | 4:09 am
Chile fines Lundin mine $9 million for environmental infractions The Caserones copper mine has been fined the equivalent of $9 million for serious water-use violations. Reuters | August 1, 2023 | 3:29 pm
Codelco requests permit for $2.5 billion Ministro Hales mine extension The project aims to boost production capacity of copper concentrate from the current 700,000 metric tons a year to 830,000 tons. Reuters | August 1, 2023 | 2:51 pm