Glencore cuts 2026 copper target, plots long-term jump
Mining and commodities giant Glencore (LSE: GLEN) plans to expand annual copper production to about 1.6 million tonnes by 2035 as it seeks to reverse a multi-year slump in output….
Africa
Endeavour aims for 15M oz in 5-year exploration push
Endeavour’s $540M plan expands operations and adds 6Moz via greenfield projects, including two to three potential cornerstone assets.
Kodal ships first lithium from Mali to China
Kodal Minerals (LSE: KOD) says it has completed its first shipment of lithium spodumene concentrates produced at its Bougouni mine in southern Mali to its offtake partner in China. A…
Ivanhoe Mines fires up Africa’s largest copper smelter
Ivanhoe Mines (TSX: IVN; US-OTC: IVPAF) recently ignited what it touts as the largest and greenest copper smelter in Africa, with first feed of concentrates by the end of this…
Montage acquires African Gold for $170M
Montage Gold (TSX: MAU, US-OTC: MAUTF) is acquiring Australia’s African Gold (ASX: A1G) in a move that expands the company’s presence in Côte d’Ivoire and adds nearly 1 million oz….
Allied discovers new targets at Ethiopia gold project
Allied Gold (TSX, NYSE: AAUC) said recent drilling at its Kurmuk property in western Ethiopia has identified at least five new target areas, bolstering the case for a high-volume gold…
Sahel talks spur West African Resources’ ASX return
The Australia Stock Exchange reinstated West African Resources’ (ASX: WAF) shares after the company reported progress in discussions with the Burkina Faso government, which has sought to nationalize natural resources….
Aya posts strongest intercept yet at Boumadine
Aya Gold & Silver (TSX: AYA; US-OTC: AYASF) said new drilling at its Boumadine polymetallic project in Morocco yielded the strongest mineralized intercept so far while identifying a new high-grade…
Kimberley Process stalls again on conflict diamonds
The Kimberley Process (KP) has failed for a third straight year to agree on an expanded definition of conflict diamonds after a five-day plenary in Dubai. Delegates from 86 member…
Caledonia bets big on Bilboes as Zimbabwe’s next major gold mine
Caledonia Mining (LSE, NYSE-A: CMCL) has approved full development of its Bilboes gold project in Zimbabwe after a feasibility study projected strong returns for what is expected to become the…
CEO Tristan Pascall on First Quantum’s future
The highs and lows of copper are not quite as far apart as memecoins or stonks, but in the last couple of years more than the usual number of fires…
United States to reissue cobalt stockpile tender
The United States is preparing to revive a major cobalt procurement effort after cancelling an earlier bid round this autumn, as Washington accelerates long-term plans to rebuild strategic mineral inventories…