Over 25% of copper supply facing ESG hurdles: study
About 6.4 million tonnes of copper production capacity, equal to more than one-quarter of global mine output, are stalled or suspended due to environmental, social, and governance (ESG), a new…
Articles by Cecilia Jamasmie
Teck cuts copper forecast as Anglo holds to $53B deal
Teck Resources (TSX: TECK.A, TECK.B; NYSE: TECK) has lowered its copper production guidance for 2025 after persistent setbacks at its Quebrada Blanca (QB) mine in Chile and Highland Valley Copper…
Rio Tinto, Japanese firms pour $733M into Pilbara mine
Rio Tinto (ASX: RIO) and its Japanese joint-venture partners will invest $733 million to extend the life of the West Angelas iron ore hub in Western Australia’s Pilbara region by…
Predictive, Robex reach $1.5B deal to create Guinea-focused gold miner
Australia’s Predictive Discovery (ASX: PDI) and Canada’s Robex Resources (CVE: RBX)(ASX: RXR) agreed to merge in an all-share deal worth A$2.35 billion ($1.55 billion) that would create a new Guinea-focused…
Freeport says all missing workers at Grasberg have died
Freeport-McMoRan (NYSE: FCX) said all seven workers who went missing at the Grasberg copper mine in eastern Indonesia during a mudslide that halted production at the site last month have…
Fatal accident forces WCS to halt iron site at Simandou
Winning Consortium Simandou (WCS), the company that’s developing Blocks 1 and 2 of the massive Simandou iron ore project in Guinea, has halted operations after a fatal accident killed three…
BHP sinks $555M into Olympic Dam amid expansion bid
BHP is considering doubling copper output in South Australia to 650,000 tonnes by the mid-2030s
Bristow’s exit shakes up Barrick leadership
Barrick Mining (TSX: ABX; NYSE: B) shocked markets Monday with the abrupt resignation of president and CEO Mark Bristow, who departs after nearly seven years at the helm without explanation….
Newmont names Viljoen CEO as Palmer retires
Newmont (NYSE: NEM), the world’s largest gold miner, said Monday that CEO Tom Palmer will retire later this year, with chief operating officer Natascha Viljoen set to take over on…
Angola joins race for De Beers slice
Angola’s state diamond company Endiama has formally submitted a bid for a minority stake in De Beers, intensifying the scramble for influence over the world’s largest diamond producer as Anglo American…
Botswana wants De Beers control within weeks
Botswana is accelerating efforts to gain control of De Beers as parent company Anglo American (LSE: AAL) moves forward with plans to divest its 85% stake in the diamond giant,…
La Caisse enters Aus renewables with $1.1B deal
La Caisse, Canada’s largest provincial pension fund, is acquiring Australian renewables developer Edify Energy for $1.1 billion (US$725 million), securing a foothold in a market it has long sought to…