Nascent recovery in Chilean copper mining is spluttering October’s export revenue from copper fell 6.7% from September and 8.8% from a year ago. Bloomberg News | November 7, 2023 | 10:05 am
Codelco cuts 2024 copper premium to China, changes contract structure The miner has offered to sell copper at a premium of $89 a metric ton to major Chinese clients for its 2024 contracts, a drop of 36% from this year. Reuters | November 7, 2023 | 9:57 am
i-80 Gold has potential JV partner to advance base metals development at Ruby Hill The deposits at Ruby Hill collectively represent one of the largest development-stage projects in Nevada, according to the company. Staff Writer | November 7, 2023 | 9:29 am
What green energy transition? Half of mining still exploring for gold New study shows a $1.1 billion drop in gold exploration budgets this year as juniors struggle to raise capital, but the precious metal still accounts for 46% of the total. Frik Els | November 7, 2023 | 8:34 am
Peru mine spending at eight-year low signals copper tightening Mining investment in Peru is expected to reach $3 billion to $3.5 billion in 2024, the country’s industry group SNMPE said. Bloomberg News | November 7, 2023 | 8:33 am
Copper, cobalt supplies from Congo stranded by truckers’ strike Already 2,700 trucks carrying around 89,000 metric tons of copper are stuck in Kolwezi. Reuters | November 7, 2023 | 8:16 am
Column: New EU power market, same old problems for metals sector The bloc's power prices have historically been twice those of the US, but are now three or four times higher. Reuters | November 7, 2023 | 7:46 am
Bill Gates-backed mining startup wants to expand into Congo KoBold is exploring around the world for new deposits of metals that are key to the global green-energy transition. Bloomberg News | November 6, 2023 | 11:19 am
Taseko raises additional $100 million for Florence copper project Tarus Mining Royalty Fund will contribute $50 million toward a royalty and Société Générale will provide a $50 million secured debt facility. Staff Writer | November 6, 2023 | 10:51 am
