October 4, 2023

Trans Mountain pipeline will up Canadian oil production by 375,000 barrels per day — report

Over the next two years, according to a new Canadian energy forecast from Deloitte.

October 4, 2023

Column: Funds sell copper as technical picture deteriorates

Investors on both sides of the Atlantic have been shifting positions in response to a potential downside break of a range that has defined the price action this year.

October 4, 2023

South African mining profits slump by almost half, report says

An analysis of 29 domestic stage.mining.companies showed that combined net income slumped to 108 billion rand in their latest financial years, from a record 206 billion rand.

October 4, 2023

Heads to roll at Anglo American head offices

The mining giant has begun at Kumba Iron Ore, where 181 workers got notices and 141 jobs are expected to be cut.

October 4, 2023

Barrick to invest $2 billion in Zambia copper mine expansion

Barrick's plan is to increase Lumwana’s annual production to an estimated 240,000 tonnes of copper per annum process plant.

October 3, 2023

British Columbia’s Tsilhqot’in First Nation publish new policy for mining, oil and gas

The policy states the Tsilhqot’in will “consider partnership and ownership opportunities with mining and exploration companies.”

October 3, 2023

Panama to withdraw proposed contract for First Quantum

Hundreds of demonstrators have gathered near Panama's governmental offices in recent weeks to protest the contract.

October 3, 2023

Global nickel market surplus to widen in 2024 – INSG

Global demand for nickel is expected to increase to 3.47 million tons in 2024 from 3.20 million in 2023.

October 3, 2023

A new $850 million route to speed up Congo’s copper exports

Major construction works will begin after the rainy season which is about to start, and will take three years to complete.

October 3, 2023

‘Evenly balanced’ risks means lower commodity prices, but robust volumes

The overall message from the Australian government's commodity outlook is that evenly balanced risks translates into still robust volumes, but at lower prices.