Russia raises aluminum exports to China to near record levels as sanctions bite
Mining News Pro - China, the biggest producer of aluminum globally, is importing more of the lightweight metal from Russia, underscoring how trade ties are strengthening between the two nations as sanctions curb much of the rest of the world’s appetite for Russian commodities.
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Visit: 33
Missing recovery leaves China’s metals bears in charge
Mining News Pro - The first gathering of the Asian metals community since the pandemic should have been a celebration, fueled by state stimulus and a long-awaited post-Covid rebound for the world’s top commodities consumer. But the resurgence never came.
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Visit: 49
Copper concentrate market to face steep deficit from 2025
Mining News Pro - The global copper concentrate market will see a steep deficit during 2025-2027 as Asian smelters ramped up capacity amid a lack of matching mining projects in the pipeline, analysts said.
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Visit: 21
Peru’s March copper production up 20% as mines restart after protests
Mining News Pro - Peru’s March copper production leapt 20.4% from a year earlier to reach 219,275 tonnes, the country’s energy and mining ministry said on Tuesday, as large mines resume their operations following stoppages caused by several social protests.
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Visit: 46
Rio Tinto under ‘immense pressure’ to develop US copper project
Mining News Pro - Rio Tinto Ltd is under “immense pressure” from the US government to develop its Resolution copper project in the United States, given the copper it holds accounts for a quarter of all US reserves, its chair Dominic Barton said on Thursday.
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Visit: 43
Rio Tinto under ‘immense pressure’ to develop US copper project
Mining News Pro - Rio Tinto Ltd is under “immense pressure” from the US government to develop its Resolution copper project in the United States, given the copper it holds accounts for a quarter of all US reserves, its chair Dominic Barton said on Thursday.
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Visit: 50
Glencore invests in aluminium and bauxite
Mining News Pro - Major miner Glencore has signed a binding agreement with low-carbon aluminium company Norsk Hydro.
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Visit: 55
First Quantum’s issues in Panama hit earnings
Mining News Pro - First Quantum Minerals’ earnings in the first quarter of the year fell by more than 80% to $75 million from the $385 million recorded in the same period last year after a series of issues affecting the company’s top three operations.
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Visit: 50
BHP urges Chile gov’t to make further concessions on tax bill with $10bn at stake
Mining News Pro - BHP Group is looking for Chile’s government to make further concessions on a tax bill currently under debate in the senate before proceeding with an estimated $10 billion in investments in the country.
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Visit: 64
Glencore open to better bid for Teck if split rejected
Mining News Pro - Glencore raised on Wednesday the prospect of improving its $23.1bn takeover bid for Teck Resources (TSX: TECK.A, TECK.B) (NYSE: TECK), provided that shareholders reject the Canadian miner’s plan to split the company in two next week.
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Visit: 64
Chile’s drought hits Antofagasta’s copper output in Q1
Mining News Pro - Chilean miner Antofagasta (LON: ANTO) said on Wednesday its copper output fell in the March quarter from the previous three months due to water shortages in the home country, which has been hit by a decade-long drought exacerbated by climate change.
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Visit: 246
BHP, Antofagasta call for more dialogue in Chile copper royalty proposal
Mining News Pro - BHP and Antofagasta Minerals called on Tuesday for greater government dialogue to prevent a controversial copper mining royalty project from affecting competitiveness.
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Visit: 43
Chile government says it will reach deal with copper producers before key mining tax vote
Mining News Pro - Chile’s government is confident it can smooth out differences with the country’s largest mining companies before a key vote in congress this week on a new mining royalty bill.
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Visit: 33
Hudbay Minerals to buy Copper Mountain Mining in $439m deal
Mining News Pro - Canadian miner Hudbay Minerals Inc said on Thursday that it would buy Copper Mountain Mining Corp in a $439 million all-share deal to boost its copper portfolio. The Copper Mountain Mine is located about 20 km south of Princeton, British Columbia and 300 km east of the port of Vancouver.
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Visit: 42
Chile mining minister sees copper ‘production slump’ reversing
Mining News Pro - Chile’s copper production should pick up in the coming years after a recent slump, mining minister Marcela Hernando told Reuters on Thursday, adding that dialogue with mining firms over planned tax and royalty changes was helping ease industry concerns.
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Visit: 41
Rio Tinto starts construction to expand capacity at Quebec aluminum smelter
Mining News Pro - Rio Tinto starts construction to expand capacity at Quebec aluminum smelter
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Visit: 71
Generation Mining’s updated Marathon feasibility shows strong economics despite higher costs
Mining News Pro - Generation Mining (TSX: GENM) has delivered an updated feasibility study for its Marathon palladium-copper project located northwestern Ontario, replacing the one it completed in March 2021.
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Visit: 71
Codelco loses environmental licence for Ecuador copper project
Mining News Pro - A provincial appeals court in Ecuador has stripped Codelco and local joint venture partner Enami of its environmental license for the Llurimagua copper project, according to a ruling published Wednesday.
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Visit: 36
Panama breakthrough adds to good news for global copper supplies
Mining News Pro - A breakthrough in contract talks at a mine in Panama is the latest piece of good news for global copper supplies following resumption of operations at a giant Indonesian mine and easing tensions in Peru.
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Visit: 51
LME halts flow of Russian metals into its US warehouses
Mining News Pro - The London Metal Exchange (LME) said on Tuesday it has suspended the inflow of Russian base metals into its US registered warehouses due to the planned imposition of tariffs on Russian metal by the United States.
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Visit: 68
175 thousand tons of alumina powder was produced in Iran Alumina Company
Mining News Pro - CEO of Iran Alumina Company located in Jajarm city said: 175 thousand tons of alumina powder was produced in this industrial complex in the 9 months of this year, which is equal to the same period last year.
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Visit: 35
First Quantum halts copper processing in Panama as dispute spirals
Mining News Pro - Canada’s First Quantum Minerals said on Thursday it had halted ore processing operations at its giant Cobre Panama copper mine, in the latest escalation of a dispute with Panama’s government over tax and royalty payments.
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Visit: 45
First Quantum halts copper processing in Panama as dispute spiral
Mining News Pro - Canada’s First Quantum Minerals (TSX: FM) said on Thursday it had halted ore processing operations at its giant Cobre Panama copper mine, in the latest escalation of a dispute with the country’s government over tax and royalty payments.
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Visit: 122
Another Yunnan power blow to China’s aluminum output
Mining News Pro - The Chinese province of Yunnan has ordered its aluminum smelters to take another round of production cuts to stabilize power supplies.
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Visit: 95
Inauguration of 21 projects by Nicico
Mining News Pro - National Iranian Copper Industries Company has inaugurated 21 new project at the end of the year.
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Visit: 42