Evolution to buy Carnaby in $149M copper-gold deal
Evolution Mining (ASX: EVN) agreed to buy Carnaby Resources (ASX: CNB) in an all-stock deal valued at about A$213 million (US$149 million) that would give the Australian gold producer a…
copper production
Southern Copper maps route to over 1M tonnes by 2029
Southern Copper (NYSE: SCCO) expects copper production to surpass one million tonnes by 2029 as its flagship Tia Maria project nears the halfway mark, reinforcing the miner’s confidence in a…
BMI hikes copper price forecast 6.7% on supply deficits
Industry research firm BMI lifted its 2026 average copper price forecast by 6.7% to $12,700 per tonne, citing converging supply-side pressures, tariff-driven tightness and AI-fuelled optimism.Copper trading in New York…
Antofagasta banks on stronger second half to hit copper goal
Chilean copper miner Antofagasta (LSE: ANTO) reaffirmed on Tuesday its full-year production guidance after second-quarter copper output edged lower, betting that stronger production in the second half will lift it…
Codelco chair puts profit ahead of copper output
Chile’s state-owned copper giant Codelco will prioritize profitability over production growth as it confronts heavy debt, declining output and governance challenges under new chairman Bernardo Fontaine. Fontaine, who became chairman…
Anglo, Codelco seal pact to unlock $5B in copper
Anglo American (LSE: AAL) and Chilean state-owned miner Codelco have finalized a landmark agreement to combine development plans at their neighbouring Los Bronces and Andina mines, unlocking at least $5…
Major Newmont mine Cadia halted after quake: report
Underground operations at Newmont’s (NYSE, ASX: NEM) Cadia gold mine in Australia -– one of the country’s largest mining operations — have been suspended for the second time in nine…
Glencore to resume emissions work at Quebec smelter
Glencore (LSE: GLEN) said it’s resuming work on emissions-reduction projects at its Horne Smelter in Quebec after the provincial government passed a new law giving the company more time to…
Eldorado Gold’s McIlvenna Bay mine begins producing copper concentrate
Eldorado Gold (TSX: ELD; NYSE: EGO) says its McIlvenna Bay underground mine in Saskatchewan produced its first copper concentrate, a key milestone as the company pushes toward commercial production. With…
How to dodge the Iran war
Soaring fuel and chemicals prices triggered by the war in the Middle East are pushing global miners to dig deep for creative solutions. Take the case of Marimaca Copper (TSX: MARI; ASX: MC2), which…
Panama to release First Quantum copper mine audit
Panama plans to publish the final audit of First Quantum Minerals’ (TSX: FM) shuttered copper mine on Friday as anti-mining protests re-emerge and expectations grow over the government’s next move…
Codelco fires executive after audit points to 27-year output low
Codelco fired an executive and disciplined several others after an internal audit found the world’s biggest copper miner overstated part of its 2025 output, implying annual production fell to its…