China border checks cut Oyu Tolgoi exports by 70%
Copper concentrate exports from Rio Tinto’s (NYSE, LSE, ASX: RIO) Oyu Tolgoi mine in Mongolia have dropped about 70% over the past two weeks because of Chinese border restrictions, the…
Rio Tinto
Western Copper CEO exits as Casino review advances
Western Copper and Gold (TSX, NYSE-A: WRN) said CEO Sandeep Singh will leave the company this week, handing leadership to chairman Mark E. Smith as the developer advances its Casino…
Spain: Pan Global eyes copper riches in ancient belt
Pan Global Resources (TSXV: PGZ; US-OTC: PGZFF), led by former Rio Tinto (ASX, LSE, NYSE: RIO) exploration director Tim Moody, sees neighbouring plants as a potential route to copper production…
Brazil survey plan could give big miners first claims
Brazil’s geological survey is considering giving companies that help pay for airborne surveys temporary exclusive access to the results, raising concerns that large funders could secure promising exploration ground before…
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…
World Bank backs $1.4B for Chile’s copper giant
The World Bank Group is holding up a financing structure used by Chile’s state-owned Codelco as a model for mineral-rich countries seeking to attract long-term private capital while reducing mining’s…
BHP’s Escondida restart eases tight copper supply woes
The mine halt, low Chinese inventories and an approaching holiday pause had left the copper market with little room for supply disruptions.
Worker death keeps world’s largest copper mine shut
BHP (ASX, NYSE: BHP) kept the globe’s biggest copper mine shut Thursday after an employee was killed during maintenance work at its Escondida operation in northern Chile and regulators investigated…
US, Argentina launch ‘Andes-Atlantic Corridor” with up to $7B backing
The U.S. Export-Import Bank (EXIM) will finance up to $7 billion in Argentine critical minerals and energy projects as Washington seeks to strengthen its access to the region’s resources, the…
Rio Tinto to expand metals trading beyond own output
Rio Tinto (ASX, NYSE, LSE: RIO) plans to expand its metals trading business into third-party material and derivatives as chief executive Simon Trott seeks to squeeze more value from the…
Glencore sets Oct. 14 for Australian market debut
Glencore (LSE: GLEN) expects to begin trading on the Australian Securities Exchange (ASX) on Oct. 14, tapping the country’s A$4.4-trillion (US$3.1-trillion) pension market to support its copper expansion and potential…
Site visit: Titanium, vanadium light up Saga’s Radar in Labrador
Cartwright, Labrador – Over the past several months, the sounds of trucks, ATVs and drill rigs have broken the silence among thick forests in a remote eastern corner of Labrador…