May 18, 2023

KGHM sees extra viable mining pits at its biggest mine in Chile

The company can verify four more viable mining pits in its flagship Sierra Gorda copper and molybdenum mine.

May 15, 2023

Developer of Alaska’s Pebble mine raises ongoing concerns

Northern Dynasty would require additional financing in order to progress any material expenditures at the copper and gold project.

May 1, 2023

US Army Corps of Engineers gives glimmer of hope for Pebble copper-gold project in Alaska

USACE will take another look at its refusal in 2020 to approve the project after Northern Dynasty successfully appealed the decision.

March 30, 2023

CHART: Demand is soaring, but global mining is not expanding 

Mining companies have to run just to stand still, but expansion capex in the global mining sector as a percentage of profits has halved in a decade.

March 28, 2023

Lundin Mining pays $950m for controlling stake in Caserones copper mine in Chile

The Canadian miner is acquiring a 51% stake in the company that operates Caserones from Japan’s JX Nippon Mining & Metals Corp.

February 23, 2023

Supply squeeze sparks 122% rally in little-known metal market

The world’s hottest metals market at the moment is molybdenum, the obscure commodity that’s used to help toughen steel.

February 23, 2023

Los Andes Copper PFS puts $2.8bn NPV on Vizcachitas project

The initial life of mine is 26 years, during which Vizcachitas is expected to produce 8.8 billion lb. copper, 273.3 million lb. molybdenum and 32.7 million oz. silver.

February 10, 2023

Torex Gold to spend up to $440 million on Media Luna project

The Mexican gold project was 15% complete by the end of 2022 and commercial production is anticipated in late 2024.

February 2, 2023

US mine production value rises 3.8% to $98 billion in 2022 — USGS

In 2022 consumption of many mineral commodities neared or exceeded pre-pandemic levels.

February 2, 2023

Sojitz to sell stake in Gibraltar copper mine to Taseko

The Japanese trading house said reasons for offloading its interest in the Canadian mine included unstable operations, declining grades and increased risk of environmental liabilities.