Aging copper mines are turning into money pits despite demand

Chile’s Chuquicamata is a cautionary tale for an industry beset by rising costs and heightened regulatory scrutiny.

Bloomberg Opinion | April 17, 2024 | 8:08 am

Antofagasta’s Q1 copper output down 11% yr/yr

The company reiterated that it expects output in 2024 of between 670,000 and 710,000 tons.

Reuters | April 17, 2024 | 5:19 am

Rio Tinto to favour development over acquisition of copper mines — exec

Copper boss Bold Baatar says Rio's goal of producing 1 million tonnes of the metal annually within the next five years will be achieved through organic growth.

MINING.COM Editor | April 17, 2024 | 3:49 am

Vale’s iron ore output up 6% in first quarter, sales jump

Vale's iron ore output in the first three months of the year totaled 70.84 million metric tons.

Reuters | April 16, 2024 | 4:52 pm

Codelco CEO vows to pursue community buy-in over lithium expansion

Chile’s state-run miner has made progress in negotiating with local communities over lithium mining and will keep working to win their support, Chief Executive Ruben Alvarado said.

Reuters | April 16, 2024 | 11:49 am

Peru copper production growth near 13% in February

The performance was due in part to a 219.4% production boost from Glencore' Antapaccay.

Reuters | April 16, 2024 | 9:22 am

Chile must pass permitting reforms to unblock investment, copper executives say

Mining companies and industry groups have complained about the extensive permitting process in Chile.

Reuters | April 16, 2024 | 9:03 am

Brazil court again suspends Vale’s Sossego copper mine licence

Brazil's Para state has won its appeal to overturn a previous court ruling that had reinstated the mine's operating licence.

Reuters | April 16, 2024 | 5:46 am

Codelco eyes partnerships to help boost ailing copper production

The company expects “some conclusions” this year from negotiating an operational tie-up between its Andina mine and Anglo American's adjoining Los Bronces.

Bloomberg News | April 15, 2024 | 8:05 pm

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Antofagasta expects 2024 copper output at low end of yearly forecast

Rio Tinto names Shell’s Katie Jackson as new copper chief

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