Spain’s Andalucia courts miners with faster permits
The Andalucia region in Spain wants to attract mining investors with faster approvals and access to hundreds of areas covered by expired mineral rights, as Europe seeks the capacity to…
Freeport-McMoRan Inc
Copper surplus to widen as refined output rebounds
The global refined copper surplus is expected to more than triple next year as production growth outpaces consumption, despite demand from electrification, artificial intelligence and data centres, the International Copper…
Mining Forum: AI begins paying off, McKinsey says
COLORADO SPRINGS, Colo. – Fifteen of 19 major mining companies tracked by McKinsey reported financial gains from artificial intelligence in the third quarter through Sept. 11, up from four in…
Copper price, miners slide on Trump tariff doubts
Copper prices and U.S. miners plunged Thursday after Reuters reported the White House still hasn’t decided whether to impose tariffs on refined copper as officials weigh support for domestic production…
SW US CEO chat: Hudbay builds copper giant
Hudbay Minerals (TSX, NYSE: HBM) says it can build two of the largest planned U.S. copper mines without issuing equity, thanks to a financing package backed by offtaker Mitsubishi, streamer…
CHART: Mining stocks enjoy a $210-billion fortnight
So far in August the combined U.S. dollar market capitalization of the MINING.COM TOP 50 rose from $2.17 trillion to $2.38 trillion. That is $210 billion in seven sessions, three…
Copper price nearing US record as premium doubles, Shanghai stockpiles drop 82%
Copper surged to its highest in more than a month on Tuesday as evidence of a tightening physical market in China piled up and traders rebuilt bets that Washington will…
Acid test: IEA warns copper supply outlook has “worsened considerably”
Copper’s sulphuric acid market has been thrown into chaos by the Middle East conflict and Beijing’s export ban, according to the International Energy Agency, which warns the metal faces “a…
How to dodge the Iran war
Soaring fuel and chemicals prices triggered by the war in the Middle East are pushing global miners to dig deep for creative solutions. Take the case of Marimaca Copper (TSX: MARI; ASX: MC2), which…
CHART: Copper price surge mints 23 unicorn mines
Tech venture capitalists invest in startups and get to call them unicorns. The official definition of a unicorn is a startup with a $1 billion valuation while still a private company. There are 1,765 unicorns globally, past…
Freeport delays Grasberg full restart to early 2028
Freeport-McMoRan’s (NYSE: FCX) Indonesia unit has confirmed the delayed restart of full production at the Grasberg mine, as it continues to recover from a deadly accident last year that dented…
Chile targets faster permits to unlock $100B pipeline
Chile is moving to accelerate mining permit approvals to unlock more than $100 billion in investment and revive momentum in its cornerstone copper sector, Economy and Mining Minister Daniel Mas said…