October 11, 2023

Newmont shareholders vote in favor of $16.8bn Newcrest buyout

Both the companies expect the deal to close in early November, Newmont said.

October 11, 2023

China’s copper buyers flex muscles in Codelco contract negotiations

Russian copper exports to China and expectations of surpluses have emboldened Chinese buyers to try and dictate how much they will pay Codelco for the industrial metal next year.

October 11, 2023

Miners seek partners for copper assets as M&A heats up

A flurry of copper mining deals are being lined up for the next six to 12 months, industry sources told Reuters.

October 11, 2023

Stellantis, Rio Tinto raise bets on Argentina copper mining

The fresh funds may give McEwen Copper more breathing space before going public.

October 11, 2023

World’s top miners need more ambition to meet climate targets

The Institute for Energy Economics and Financial Analysis examined five miners with goals to become carbon neutral by 2050 — and found varying degrees of purpose in meeting that target.

October 11, 2023

“New” mineral discovered in abandoned gold mine dumps

A newly discovered mineral, named kanatzidisite, was recently unearthed in mining dumps of the abandoned Nagybörzsöny gold deposit in Hungary.

October 10, 2023

Panama cabinet approves modified contract with First Quantum

The approval comes after extended negotiations over regulations concerning the Cobre Panama copper mine, which accounts for about 4% of Panama's GDP.

October 10, 2023

Copper prices pressured by weak demand, sentiment, rising inventories — report

Fitch Solutions is revising down its 2023 average annual copper price forecast as US dollar strength and market fears of another US Fed rate hike places a cap on price…

October 10, 2023

Freeport seeks to extend permit for exporting Indonesian copper

Freeport has a temporary exemption from a nationwide ban on exports of mined copper, but it faces a cliff-edge scenario in May.

October 10, 2023

China’s top copper buyers expect a 36% cut in Codelco premium

China's largest copper buyers expect to pay a premium of around $90 per metric ton next year.