Southern Copper getting more optimistic on stalled Peru mine The company has been trying for years to convince local communities of the merits of the Tia Maria project. Bloomberg News | July 28, 2023 | 4:36 pm
Glencore in advanced talks for Argentina copper stake Glencore is close to finalizing a deal to acquire Pan American Silver Corp.’s 56% stake in the Mara copper project. Bloomberg News | July 28, 2023 | 4:02 pm
Hudbay’s Snow Lake discovery could stretch mine life beyond 2038 The company’s winter drilling program had uncovered a trove of new mineralized zones. Henry Lazenby | July 28, 2023 | 2:41 pm
Newcrest interim CEO on Newmont merger, and why copper could soon outshine gold Newmont had to come back quite a few times before Newcrest’s board “felt we could not say no.” Alisha Hiyate | July 28, 2023 | 2:03 pm
Saudi metals deal to test Canada’s new foreign investor rules Canada’s vow to curb foreign investment in its critical minerals sector will face its first major test with Saudi Arabia’s deal to buy into some of the country’s largest nickel mines. Bloomberg News | July 28, 2023 | 12:45 pm
Codelco sees lower copper output, more stoppages in 2023 Chile's state miner posted a copper output of 633,000 metric tons over January to June, down 14% from a year earlier. Reuters | July 28, 2023 | 11:43 am
Albemarle ends early contract deal with Chile supervisors union Miners routinely seek to seal early contract negotiations to avoid the risk of strikes at their operations. Reuters | July 28, 2023 | 8:58 am
Vale doesn’t rule out IPO or merger of base metals unit ahead Vale announced deals to sell a 13% stake in the business for $3.4 billion to Saudi Arabia's Ma'aden and US firm Engine No. 1. Reuters | July 28, 2023 | 8:17 am
Founders Metals drills 12 m of 19.2 g/t gold in Suriname, stock surges The 238 sq.km. Antino property is the most advanced gold exploration project in Suriname. Staff Writer | July 28, 2023 | 8:15 am