First Quantum offers voluntary retirement to over 1,500 Panama mine staff
The company plans to reduce its Panama workforce to below 1,000 workers from about 1,400 workers.
The company plans to reduce its Panama workforce to below 1,000 workers from about 1,400 workers.
A rapid expansion of cobalt mining in Democratic Republic of Congo and Indonesia has output racing ahead of demand.
Its 2023 output was at the guidance midpoint or above for all metals produced.
The Jan. 9 determination makes Norway the first country to formally authorize seabed mining activities in its waters.
This year will see continued opportunity and ongoing pressures in the global mining sector as the world transitions to new energy sources, with risk management among its perpetual challenges.
Lead got a boost from index trading after it was included in the Bloomberg Commodity Index for the first time last year.
Manara is in talks to potentially buy a stake in Pakistan's Reko Diq mine.
Vale Base Metals chairman Mark Cutifani is undertaking a unit-wide asset review.
The country also announced a $182 million mineral exploration incentive program.
The rise follows a restriction imposed by Britain on entities and individuals taking physical delivery of Russian-made base metals.