Copper fees plunge close to zero in test for China’s smelters China’s copper smelters are at a critical juncture after fees for processing imported ore collapsed to single figures. Bloomberg News | March 8, 2024 | 7:53 am
Peru copper output seen growing to 3mt in 2024, minister says The Chalcobamba project is expected to help Las Bambas eventually boost its output to approximately 400,000 tons of copper annually. Reuters | March 8, 2024 | 7:26 am
AI can potentially estimate global environmental destruction due to road development for mining Australia-based researchers trained three machine-learning models to automatically map road features in rural, generally remote and often forested areas. Staff Writer | March 8, 2024 | 6:06 am
BHP becomes first miner in Chile to exceed 40% female representation In 2016, BHP had only 17.5% female workers globally and today employs 1,509 women at Escondida mine alone. Cecilia Jamasmie | March 8, 2024 | 5:17 am
Perseus extends OreCorp takeover bid to April Perseus and Silvercorp are vying for OreCorp’s Nyanzaga gold project in Tanzania, slated to produce 242,000 oz./year over its first decade. Cecilia Jamasmie | March 8, 2024 | 3:55 am
Panama asks First Quantum to suspend visitor program at disputed copper mine The company is seeking $20 billion from the Panama government through international arbitration. Reuters | March 7, 2024 | 3:46 pm
Zinc price rallies as traders unwind bearish bets on better outlook Support has also come from a report this week that South Korea’s Young Poong Corp. cut production at its Seokpo smelter. Bloomberg News | March 7, 2024 | 2:40 pm
Dundee Precious Metals sells Tsumeb smelter in Namibia for $49 million Dundee acquired the smelter in 2010 to secure a processing plant for the complex concentrate from the company’s Chelopech mine in Bulgaria. Staff Writer | March 7, 2024 | 10:00 am
Deep-sea mining could cost $500 billion in value destruction, study says The report "How to lose half a trillion" says that mining the seafloor could cost the industry $30 to $132 billion in value destruction. MINING.com Editor | March 7, 2024 | 3:00 am
