Wednesday, 22 January 2025

Focus on Minerals

FILE PHOTO: A view of Cobre Panama mine of Canadian First Quantum Minerals, one of the world's largest open-pit copper mines, during a media tour, in Donoso, Panama, January 11, 2024. REUTERS/Tarina Rodriguez/File Photo
BusinessMiningNews

First Quantum Minerals cuts debt by over $1 billion in first quarter

The Canadian miner had announced a series of capital restructuring measures that would strengthen its balance sheet and cut debt.

Canada's Deputy Prime Minister and Minister of Finance Chrystia Freeland presents the federal government budget for fiscal year 2024-25, in the House of Commons on Parliament Hill in Ottawa, Ontario, Canada, April 16, 2024.  REUTERS/Patrick Doyle/File Photo
Critical MineralsEconomyNewsPoliticsTrade

‘Five Eyes’ working to fight critical minerals dumping: Canada’s finance minister

Canada and its Five Eyes Alliance partners are working on put forward a response to tackle the price manipulation of critical metals: Finance...

A view of the facilities at Cobre Panama mine of Canadian First Quantum Minerals, one of the world's largest open-pit copper mines, which was forced to shut down after Panama's top court ruled that its contract was unconstitutional following nationwide protests opposed to its continued operation, during a media tour, in Donoso, Panama, January 11, 2024. REUTERS/Tarina Rodriguez/ File photo
BusinessCritical MineralsNews

Shortages key to copper’s upward price trajectory to new peaks

Rising copper prices, partly caused by energy transition applications, will continue as shortages begin to drive up demand.

Critical MineralsMiningNews

Zijin cooperating with probe after cobalt with radiation recalled

Shipment of cobalt to Democratic Republic of Congo was recalled after above-normal radiation was detected.

BiodiversityClimateMiningNewsPolitics

US advances review of Nevada lithium mine amid wildflower concern

Environmentalists vow to fight lithium mining project as Bureau of Land Management released 2,000 pages of environmental impact statement.

An employee walks past the logo of LG Energy Solution at its office building in Seoul, South Korea, November 23, 2021. Picture taken November 23, 2021.    REUTERS/Kim Hong-Ji
BusinessCritical MineralsMiningNews

Big miners seek to develop lithium extraction tech for Chile

Lithium mining companies submit proposals for reaching battery grade mineral as Chile seeks to develop salt flats.

FILE PHOTO: Sheets of copper cathode are seen at the copper cathode plant inside the La Escondida copper mine near Antofagasta, some 1,545 km (980 miles) north of Santiago city and 3,100 meters (10,170 feet) above sea level, March 31, 2008.REUTERS/Ivan Alvarado/File Photo
BusinessCritical MineralsMiningNews

Chile’s Antofagasta CEO foresees higher 2024 copper prices

Copper mining in greater demand, says CEO, as global economy improves along with energy transition requirements.

FILE PHOTO: A miner uses a walkie-talkie inside 'El Teniente' copper mine of Chile's state copper giant Codelco in Rancagua, Chile March 21, 2018. REUTERS/Ivan Alvarado/File Photo
BusinessCritical MineralsMiningNews

Copper output at Chile’s Codelco set to rise this year, CESCO says

Copper mining production projected to go up even as challenges continue for structural projects designed to extend the life of key mines and...

FILE PHOTO: An industry tour group walks inside the Codelco El Teniente copper mine, the world's largest underground copper mine near Machali area, Rancagua, Chile October 15, 2020. REUTERS/Fabian Cambero
Critical MineralsEconomyMiningNewsPolitics

Chile’s president says Codelco output to grow; touts investment climate

SANTIAGO — Chilean President Gabriel Boric told a major copper industry conference last week that he expects production at state-run miner Codelco to...

Chile's Mining Minister Aurora Williams speaks during an interview with Reuters in Santiago, Chile, April 18, 2024. Reuters/Pablo Sanhueza
Critical MineralsMiningNewsPolitics

Chile’s Codelco eyeing more output, not competition with BHP: mining minister

Codelco, the world's largest copper producer and a symbol of national pride, is aiming this year to reverse two years of falling production...

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