US, Saudi Arabia in talks to secure metals in Africa – WSJ A state-backed Saudi venture would buy stakes in mining assets worth $15 billion in African countries, which will permit US companies to buy some of the production. Reuters | September 10, 2023 | 10:18 am
First Quantum reaches deal with Panama copper mine union, avoids strike The worker's union had threatened on Thursday to stop work on Saturday, alleging an impasse in negotiation with the directors of Minera Panama. Reuters | September 9, 2023 | 10:47 pm
Metalla, Nova combine to create ‘industry-leading’ intermediate royalty company The purchase price gives Nova a total equity value of C$190 million on a fully-diluted basis. Staff Writer | September 8, 2023 | 11:55 am
Strike looms at First Quantum’s copper mine in Panama on impasse in wage talks The negotiation remained stuck on disagreements over profit sharing and salary increase. Bloomberg News | September 8, 2023 | 9:42 am
Abandoned Minto mine in Yukon officially put up for sale The mine started operations in 2007 and produced about 500 million pounds of copper since. Staff Writer | September 8, 2023 | 9:34 am
Antofagasta loses bid to revive Minnesota copper-nickel project The project would have been one of the biggest US sources of metals needed to build electric vehicle batteries and other clean energy technologies. Reuters | September 7, 2023 | 4:14 pm
Visualizing mining’s footprint in British Columbia Mining represents 7% of the province’s Gross Domestic Product (GDP), despite only accounting for 0.04% of the land use. Visual Capitalist - Elements | September 7, 2023 | 3:31 pm
Codelco seals early contract deal with El Teniente supervisors’ union The proposal will take effect from November, valid until 2026. Reuters | September 7, 2023 | 3:28 pm
Peru copper production rises 17.7% y/y in July The rise is thanks to the "optimal performance" of miner Marcobre, controlled by Peru's Minsur and Chile's Copec. Reuters | September 7, 2023 | 11:22 am