Jack Lundin assumes the top job at Lundin Mining
Lundin Mining (TSX: LUN) announced that former president Jack Lundin has officially assumed the role of CEO and will join the board of the Canadian miner on Jan. 1. The company announced in…
Copper
2023’s key theme? Narrowed access to resources — whether mineral or cash
It’s December — time for our year in review. This year was notable for takeovers. Newmont paid US$21.2 billion for copper-rich gold miner Newcrest Mining; Glencore negotiated a US$8.9-billion deal…
Vale Base Metals in search of new CEO
Vale Base Metals says that Deshnee Naidoo will step down from her position as CEO at the end of March. The $26-billion copper and nickel unit was created in July…
First Quantum takes Panama to international court
It is also suspending its 2023 production guidance for Cobre Panama mine, which accounts for about 1.5% of the world’s copper production.
Q&A: Why the world could be headed towards a ‘minerals famine’
A waiting ‘minerals famine’ and supply chain issues may endanger environmental and technological progress, warns Peter Bryant, chair at Clareo, a strategy consulting firm. A 30-year industry veteran, Bryant says the…
Australia’s Sandfire ‘extremely sorry’ for damage to Aboriginal artefacts
Sandfire Resources (ASX: SFR) said on Thursday it had become aware it had destroyed Aboriginal artefacts at its Western Australia-based DeGrussa copper operations, which were placed on care and maintenance in…
Industry groups aim to deliver unified global standard for responsible mining
Four leading industry groups, including the Mining Association of Canada (MAC), are banding together to create a new globalized standard for responsible mining. London, U.K.-based International Council on Mining and…
Panama orders First Quantum’s copper mine closure
Panama has asked First Quantum Minerals (TSX: FM) to halt its Cobre Panama copper mine following a Supreme Court ruling that declared the operation’s mining contract unconstitutional. President Laurentino Cortizo…
Ivanhoe Electric JV kicks off Saudi exploration campaign
Ivanhoe Electric (TSX: IE; NYSE-AM) has kicked off one of the biggest mineral exploration programs ever in oil-rich Saudi Arabia with its 50/50 joint venture partner, state-owned mining company Ma’aden….
Rio Tinto raises Yukon copper project stake, cuts diamond plan interest
Rio Tinto (LSE: RIO; ASX: RIO) is reshuffling its interests in two Canadian projects as it seeks to focus on green energy metals such as copper. Rio Tinto is spending…
Dundee Precious extends Chelopech mine life by one year
Nearly 20 years after buying the Chelopech gold-copper mine in Bulgaria, Dundee Precious Metals (TSX: DPM) announced an updated resource estimate that stretches the mine life slightly to 2032 from 2031….
New high-grade copper find in DRC similar to Kakula, Ivanhoe says
Ivanhoe Mines (TSX: IVN; US-OTC: IVPAF) says it’s made a significant high-grade copper discovery in the Democratic Republic of Congo (DRC) similar to the massive orebody it’s mining at the…