BHP averts strike at world’s biggest copper mine
BHP (ASX, LSE: BHP) and the supervisors’ union at its Escondida mine in Chile have reached a preliminary agreement to avert a strike at the world’s largest copper operation. Members…
copper production
Glencore gets RIGI nod for $4B Argentina copper project
Glencore (LSE: GLEN) has secured Argentine government approval for its $4 billion (C$5.7 billion) Agua Rica copper project under the country’s special investment incentive program, clearing a significant hurdle for…
Osisko plots major resource increase for Gaspé
Osisko Metals (TSX: OM; US-OTC: OMZNF) expects its Gaspé copper project in Quebec to get even bigger as new drilling fills gaps in the resource and deeper mineralization is added…
New $850M debt deal moves Troilus copper-gold project closer to full funding
A new debt-financing accord brings Troilus Mining (TSX: TLG; US-OTC: CHXMF) closer to securing the entire capital needed to develop its namesake copper-gold project in Quebec. Germany’s KfW IPEX-Bank and France’s…
Panama panel backs path to Cobre Panama restart
Panama should negotiate a restart of First Quantum Minerals’ (TSX: FM) Cobre Panama mine to fund its eventual orderly closure without burdening the state, a ministerial committee has recommended to…
Las Bambas halt compounds South America copper woes
China-controlled miner MMG (HKG: 1208) has suspended operations at its Las Bambas mine in Peru after an accident killed two workers, adding another disruption to South American copper supply as…
Lundin Mining cuts copper outlook as Chile storms strike again
Lundin Mining (TSX: LUN) cut its 2026 copper production forecast after a second severe winter storm hit the company’s operations in Chile’s Atacama region, disrupting its recovery from an earlier…
Cobre Panama restart hopes rise as thousands return to mine
First Quantum Minerals’ (TSX: FM) hopes of restarting its halted Cobre Panamá copper mine received a boost Tuesday as government officials met workers and suppliers while weighing the giant operation’s…
US unveils $2B of financing commitments for mining
United States President Donald Trump on Friday announced more than $2 billion (C$2.8 billion) in financing pledges for critical minerals and other mining projects that he says will help the…
Codelco’s El Teniente setback deepens copper fears
Codelco’s decision to suspend development of the Andes Norte section at its flagship El Teniente mine could last as long as two years, according to a union leader, compounding production…
First Quantum adds 1,000 jobs as Cobre Panama restart nears
First Quantum Minerals (TSX: FM) stepped up preparations to restart its Cobre Panama mine by beginning stockpile processing ahead of schedule and adding about 1,000 jobs. Formal negotiations with Panama…
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…