Copper production in Chile rose 9.8% on an annual basis to 417 000 t in February even as state-run Codelco’s output dipped, the country’s copper commission Cochilco said on Thursday. Despite the overall rise, production at Chile’s...
Rio Tinto and its partners have locked in $US15 billion ($22.94 billion) in funding for the Simandou iron ore project in West Africa. The Simandou mountain range covers more than 100km in the south-east of the Republic of Guinea. The Guinea Government confirmed...
Perseus Mining has confirmed the off-market takeover bid it made for all the current and soon-to-be issued ordinary shares in OreCorp is unconditional and best and final. Silvercorp Metals’ proposed takeover bid for OreCorp lapsed in late March, clearing the...
Koba Resources has entered into a four-year option agreement to acquire a 100% interest in the Harrier uranium project, in eastern Canada. Amid strong uranium prices, the transaction follows the company’s acquisition of the advanced Yarramba...
The world’s coal-fired power capacity grew 2% last year, its highest annual increase since 2016, driven by new builds in China and decommissioning delays elsewhere, according to research published on Thursday. Despite record renewable additions, nearly 70...
The copper industry is about to get a new leader as BHP Group overtakes Codelco in the global producer rankings, according to Bloomberg Intelligence estimates. As long as BHP’s giant Escondida mine in Chile continues to step up production, the Australian company will...
