October 26, 2023

Panama’s top court considers lawsuit over First Quantum deal

The court said in a statement that it will issue an opinion on the lawsuit within 10 business days.

October 26, 2023

Capex of top 30 miners to grow 6.2% in 2023, but decline over next two years — report

According to S&P Global, the highest capital budget spend in financial year 2023 is expected to come from BHP.

October 25, 2023

US, Australia consider tapping public finance vehicles for critical mineral projects

The US Export-Import Bank is being eyed as a venue for boosting investment in Australian critical minerals development.

October 25, 2023

Trafigura denies knowing that nickel deals with Gupta were fake

One of the world’s largest commodity traders revealed it had lost more than half a billion dollars after buying cargoes of nickel from Gupta’s companies, only to discover that they…

October 25, 2023

G7 announcement on Russian diamond ban expected by end of month

The G7 held a technical meeting last week to discuss several proposals put forward by India, industry groups and Belgium.

October 25, 2023

Protests continue in Panama against First Quantum’s 20-year deal on Cobre Panama

Since Monday, protests against the contract have led to clashes between protesters and the police and the closure of major roads.

October 24, 2023

International Energy Agency predicts fossil fuel demand decline after 2030

“The ‘Golden Age of Gas’, a term coined by the IEA in 2011, is nearing an end,” the outlook declares.

October 24, 2023

Cochilco says large-scale copper mining costs keep growing

The direct cost reached 198.8 cents per pound, a year-on-year increase of 39.6 cents, the report found.

October 24, 2023

Nigeria seeks to tighten rules to curb raw mineral exports

The country has lithium, gold, bitumen and iron ore deposits and is intent on emulating nations such as Indonesia in climbing up the commodities value chain.

October 24, 2023

Australia boosts critical minerals fund by over $1 billion to attract international investors

The $1.3 billion boost will increase the capacity of Australia’s Critical Minerals Facility to finance mining and processing projects for materials.