Aurubis, Europe’s largest copper producer, plans to eschew large acquisitions and instead build a network of recycling facilities across the globe as part of its focus on organic growth, its CEO said on Wednesday. The company, which is emerging from a 2023...
Chilean President Gabriel Boric told a major copper industry conference on Wednesday he expects production at state-run miner Codelco to grow slowly this year and reach 1.7-million metric tons by 2030, and that he sees copper prices rising. “The...
Critical minerals projects in Queensland and South Australia have been given a boost, with the Federal Government earmarking over $500 million for two major projects. Alpha HPA will receive a $400 million loan to help deliver its high-purity alumina processing...
BHP continues to leverage the strength of its copper business, recording a 10 per cent increase in copper production across its assets. The copper high was driven by record production at BHP’s Spence site in Chile, strong operational performance at Copper South...
In order to fill a potential supply gap of eight-million tons by 2034, mining companies need prices that are higher than $10 000/t and possibly as high as $12 000/t, says Trafigura Group CEO Jeremy Weir. Weir made his comments Tuesday during a presentation at the...
Diamond miner De Beers says it generated about $445-million in revenue from its third sales cycle for this year. The figure represents the expected sales value from the company’s latest global sightholder sales and auctions and remains subject to adjustment. It...
