Speaking at a media briefing, Mark Bristow said since 2019 Lumwana’s fortunes had been turned around, making it one of Zambia’s largest copper producers.
The financial chiefs of First Quantum Minerals and Lundin Mining noted a shifting trend on costs for mine supplies during their third-quarter earnings calls.
The South Korean company reiterated its target of tripling revenue in North America in five years, with the EV market there forecast to see compound annual growth rate of 33% by 2030.
The president of Chile's National Mining Society argued that the government should consider promoting more mining production instead of increasing taxes, arguing this would make a greater contribution to the treasury.
British energy company Drax Group wants to build power plants that burn wood chips, capture emissions produced from the process and bury them deep underground.
The new area, called Royropata, is not in the current permitted area, but the company believes that the discovery “has the potential to secure the medium-term future of the Pallancata mine.”