December 11, 2023

Tighter supplies to create tailwind for copper prices

Copper prices on the LME on Friday headed towards four-month highs.

December 11, 2023

Barrick gets go ahead for Goldrush mine ramp-up 

The gold mine is expected to start ramping up production in 2024, achieving 400,000 ounces per year in 2028.

December 10, 2023

First Quantum requests end of blockades to Cobre Panamá copper mine

Ongoing blockades have prevented the miner from receiving the supplies necessary to fulfill Cobre Panamá’s environmental stability and asset integrity measures.

December 10, 2023

Glencore deploys autonomous trucks at Lomas Bayas copper mine

Through its Lomas Lab, Glencore introduced four autonomous trucks at the Lomas Bayas copper mine in northern Chile.

December 9, 2023

BHP workers consider strike action at some Australian mines

If backed by workers, strikes could take place as early as Dec. 28, the Australian Financial Review said.

December 8, 2023

Teck, Oldendorff to outfit bulk carrier with rotor sails to cut emissions

The Flettner Rotors generate lift from the wind, which is translated into additional thrust, reducing fuel consumption on voyages.

December 8, 2023

Panama government orders First Quantum to end copper operations

Cobre Panama has requested government authorization to lay off more than 4,000 of its employees.

December 8, 2023

Anglo American shares plunge after production cuts

Shares hit their lowest point since March 2020 after the miner unveiled plans to drastically cut the amount of commodities it mines.

December 8, 2023

Trafigura’s 2023 net profit hits record $7.4 billion

The Geneva-based private company made the bulk of its profit in the first half of the year.

December 7, 2023

Arras Minerals joins forces with Teck to explore critical minerals in Kazakhstan

Teck made its first investment into Arras last November by acquiring a 9.9% stake.