MINING.COM

Copper price surges on supply threat as iron ore shows economic risks

Prices for two of the world’s most important mined commodities are diverging quickly.

Bloomberg News | March 15, 2024 | 7:14 am

Congo, Chinese partners sign reviewed Sicomines copper-cobalt joint venture agreement

Under the revised deal, both parties have agreed that China will invest up to $7 billion in infrastructure projects in Congo.

Reuters | March 14, 2024 | 12:50 pm

Africa to play ‘huge role’ in US critical mineral strategy, says Treasury’s No. 2

"We don't want to be overly reliant on any one country or any one company for global supply chains," says US Deputy Treasury Secretary Wally Adeyemo.

Reuters | March 14, 2024 | 10:52 am

Exxaro still keen on copper after Botswana setback

Coal miner is considering potential deals to acquire copper and manganese assets as part of its diversification strategy.

Reuters | March 14, 2024 | 6:54 am

Guinea junta names new mines minister

Bouna Sylla is former head of the state company that managed infrastructure projects on the giant Simandou iron ore project.

Reuters | March 13, 2024 | 1:29 pm

Montage Gold raises $26 million for Koné project in Africa

The project has total probable reserves of 11.3 million oxide tonnes grading 0.63 g/t gold, 7.9 million transition tonnes at 0.63 g/t gold, and 155.1 million fresh tonnes at 0.73 g/t gold.

Staff Writer | March 13, 2024 | 10:28 am

Syrah Resources to raise $65m for Mozambique, US projects

Syrah's largest shareholder AustralianSuper will fund the projects.

Reuters | March 12, 2024 | 5:17 pm

Gold output falls in Burkina Faso as terrorist attacks increase

Six mining companies closed down in 2022, while one more ceased activity last year.

Bloomberg News | March 12, 2024 | 9:55 am

Galiano Gold discovers double-digit grams at Asanko in Ghana

The new zone will help Galiano convert inferred resources below the pit shell to the indicated category and evaluate the potential to expand the pit.

Colin McClelland | March 12, 2024 | 8:40 am

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Copper’s unicorns

Endeavour studying spill from Ivory Coast operation

Congo’s Gecamines opposes deal for Trafigura-backed miner

Ivory Coast to revise mining code to increase state profits

Hedge funds are hoarding cobalt amid battery metal slump

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