US unveils $2B of financing commitments for mining
United States President Donald Trump on Friday announced more than $2 billion (C$2.8 billion) in financing pledges for critical minerals and other mining projects that he says will help the…
copper production
Codelco’s El Teniente setback deepens copper fears
Codelco’s decision to suspend development of the Andes Norte section at its flagship El Teniente mine could last as long as two years, according to a union leader, compounding production…
First Quantum adds 1,000 jobs as Cobre Panama restart nears
First Quantum Minerals (TSX: FM) stepped up preparations to restart its Cobre Panama mine by beginning stockpile processing ahead of schedule and adding about 1,000 jobs. Formal negotiations with Panama…
Evolution to buy Carnaby in $149M copper-gold deal
Evolution Mining (ASX: EVN) agreed to buy Carnaby Resources (ASX: CNB) in an all-stock deal valued at about A$213 million (US$149 million) that would give the Australian gold producer a…
Southern Copper maps route to over 1M tonnes by 2029
Southern Copper (NYSE: SCCO) expects copper production to surpass one million tonnes by 2029 as its flagship Tia Maria project nears the halfway mark, reinforcing the miner’s confidence in a…
BMI hikes copper price forecast 6.7% on supply deficits
Industry research firm BMI lifted its 2026 average copper price forecast by 6.7% to $12,700 per tonne, citing converging supply-side pressures, tariff-driven tightness and AI-fuelled optimism.Copper trading in New York…
Antofagasta banks on stronger second half to hit copper goal
Chilean copper miner Antofagasta (LSE: ANTO) reaffirmed on Tuesday its full-year production guidance after second-quarter copper output edged lower, betting that stronger production in the second half will lift it…
Codelco chair puts profit ahead of copper output
Chile’s state-owned copper giant Codelco will prioritize profitability over production growth as it confronts heavy debt, declining output and governance challenges under new chairman Bernardo Fontaine. Fontaine, who became chairman…
Anglo, Codelco seal pact to unlock $5B in copper
Anglo American (LSE: AAL) and Chilean state-owned miner Codelco have finalized a landmark agreement to combine development plans at their neighbouring Los Bronces and Andina mines, unlocking at least $5…
Major Newmont mine Cadia halted after quake: report
Underground operations at Newmont’s (NYSE, ASX: NEM) Cadia gold mine in Australia -– one of the country’s largest mining operations — have been suspended for the second time in nine…
Glencore to resume emissions work at Quebec smelter
Glencore (LSE: GLEN) said it’s resuming work on emissions-reduction projects at its Horne Smelter in Quebec after the provincial government passed a new law giving the company more time to…
Eldorado Gold’s McIlvenna Bay mine begins producing copper concentrate
Eldorado Gold (TSX: ELD; NYSE: EGO) says its McIlvenna Bay underground mine in Saskatchewan produced its first copper concentrate, a key milestone as the company pushes toward commercial production. With…