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…
Anglo American
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…
A third of mines don’t meet tailings rules: ICMM
A new report finds 33% of mines around the world operated by two dozen leading companies don’t fully meet industry standards for tailings management. Yet two-thirds of 836 facilities are…
Glencore output on target despite copper fall
Shares in Glencore (LSE: GLEN) climbed on Wednesday after the Swiss miner and commodities trader said it remains on track to meet its full-year production targets, easing investor concerns about…
Angola challenges Botswana in De Beers bid
Angola’s state diamond company Endiama has submitted a formal bid for Anglo American’s (LSE: AAL) majority stake in De Beers, in a sharp shift from its earlier position of seeking…
Anglo American, Arc Minerals end Zambia venture
Anglo American (LSE: AAL) and junior partner Arc Minerals (LSE: ARCMA) have ended their copper and cobalt exploration joint venture in Zambia by mutual agreement, marking the close of Anglo’s…
Copper Mark to unify ESG standards for metal producers
Sustainability organization Copper Mark is moving to develop a single mining standard across various metal supply chains and form a new board with wider representation. The U.K.-based organization released on…
Fitch lifts 2025 copper price forecast
Fitch Solutions’ Business Monitor International (BMI) has raised its 2025 average copper price forecast to $9,650 per tonne, up from $9,500 previously, as persistent supply disruptions and resilient industrial demand…
Codelco fast-tracks automation after deadly collapse
Chile’s state-owned copper giant Codelco is to fast-track automation at its El Teniente mine after a deadly collapse killed six workers, in what became Chile’s worst mining accident in decades….
RANKED: Top 20 biggest copper mines 2025
The copper price hit a new 16 month high in London this week, while BHP (NYSE, LSE, ASX: BHP) is predicting global copper demand to grow by at least a…
Anglo draws Botswana into $5B De Beers sale talks
Anglo American (LSE: AAL) CEO Duncan Wanblad said Botswana’s government will join negotiations with one or two shortlisted bidders for De Beers, as the mining giant moves to sell its…
Teck cuts copper forecast as Anglo holds to $53B deal
Teck Resources (TSX: TECK.A, TECK.B; NYSE: TECK) has lowered its copper production guidance for 2025 after persistent setbacks at its Quebrada Blanca (QB) mine in Chile and Highland Valley Copper…