Anglo’s Quellaveco copper output hits 1M tonnes
Anglo American’s (LSE: AAL) Quellaveco copper mine in southern Peru has produced 1 million tonnes of copper since operations began in 2022, marking a major milestone for one of South…
Copper
Sahel faces widening security threats, analysts say
Despite military governments across West Africa, the region’s security situation is worsening as insurgents flush with kidnapping ransoms and illegal mining profits threaten fuel supplies and road networks, according to…
Ivanhoe, Qatar to team up on critical metals in Africa
Ivanhoe Mines’ (TSX: IVN) has entered into a memorandum of understanding (MoU) with Qatar’s sovereign wealth fund to further advance the company’s exploration efforts in Africa. Shares rose. The MoU,…
Podcast: Glencore reaches inflection point, ft Bloomberg Intelligence’s Alon Olsha
This week’s episode features Alon Olsha, Senior Analyst for Metals & Mining at Bloomberg Intelligence, in conversation with host Adrian Pocobelli on the latest developments at Glencore. Alon explains the…
Abitibi Metals surges on B26’s best copper-gold results
Abitibi Metals’ (CSE: AMQ; US-OTC: AMQFF) shares shot to a new yearly high on the strongest copper-gold intercepts drilled yet at its main B26 polymetallic project in western Quebec. Highlight…
Anglo-Teck deal hangs on redomiciling: Globe
The federal government is pressuring Anglo American (LSE: AAL) to become legally Canadian on top of moving its headquarters to Vancouver as it scrutinizes the British miner’s $50-billion (C$69-billion) bid…
Freeport to restore more Grasberg output next year
Freeport-McMoRan (NYSE: FCX) says it plans to restore large-scale production at Indonesia’s Grasberg mine from next year’s second quarter after a mudslide killed seven workers in September. Grasberg’s Block Cave…
Copper and gold surge in FireFly’s Green Bay update
A resource update for FireFly Metals’ (ASX, TSX: FFM) Green Bay project in north-central Newfoundland more than doubles contained copper, gold and silver over the initial estimate from a year…
Elliot fund builds stake in Barrick: FT
American activist hedge fund Elliott Management has accumulated a large stake in Barrick Mining (TSX: ABX; NYSE: B) amid speculation that the Canadian-based gold-copper miner may undergo major changes, London-based…
Ottawa, Manitoba boost Churchill for mineral trade
Ottawa and Manitoba are increasing support for the Port of Churchill to advance rail upgrades, add critical minerals storage and push a northern export corridor for Canadian miners. The joint…
Chile vote thrusts right-winger to runoff
A strong showing by pro-business candidates in Chilean elections yesterday bodes well for the resurgence of mining investment in the world’s largest copper producer. Although conservative hardliner José Antonio Kast…
Argentina’s Milei to melt glacier law stalling projects
Argentine President Javier Milei plans to change the country’s glacier protection law to ease giant copper developments such as Glencore’s (LSE: GLEN) El Pachón and the joint BHP (NYSE, LSE,…