Multinational commodities trader and miner Glencore will take Katanga Mining private, the TSX-listed subsidiary, which has operations in the Democratic Republic of Congo (DRC), announced on Wednesday. Shareholders will receive C$0.16 in cash for each p…
Glencore to take Katanga Mining private Read More »
Chile-based Antofagasta will spend at least $200-million less on capital expenditure (capex) this year, owing to the temporary suspension of the Los Pelambres expansion project, the deferral of sustaining and other growth capex, as well as lower mine d…
Antofagasta trims capex, sees output at lower-end of guidance Read More »
Glencore will reverse its earlier decision to shutter its Zambia subsidiary Mopani Copper Mines (MCM) if it reaches an agreement with the Zambian government, the company said on Monday. Glencore wanted to shutter the mine due to disruption of its opera…
Glencore to reopen Zambia copper mines pending agreement with government Read More »
Glencore told the Zambian government this week that it wants to keep operating its Zambian copper mining subsidiary Mopani Copper Mines (MCM), not shutter the operations, mines ministry permanent secretary Barnaby Mulenga said on Sunday.
Glencore’s de…
Zambian official says Glencore reverses plan to shutter copper mines Read More »
The Kounrad copper recovery plant, which has been producing copper from waste since 2012, has now produced 100 000 t of copper cathode, London-listed Central Asia Metals (CAML) said of its Kazakhstan-based operation on Monday.
The Kounrad copper resou…
CAML reports Kounrad copper milestone Read More »
Copper/gold miner First Quantum still has about 800 people in preventative quarantine at the Cobre Panama mine, which was closed early this month following several positive cases of Covid-19 and the subsequent death of a worker.
Of the more than 7 000…
First Quantum still has 800 people at Cobre Panama Read More »
A Chilean environmental court will look into the State Defence Council’s (CDE) allegations that the Escondida copper mine, the world’s largest, has caused “irreparable damage”…
Chile court looks at alleged Escondida breaches Read More »
The Environment Department of the Xunta de Galicia has formally issued a negative impact declaration for Proyecto Touro, denying dual-listed Atalaya Mining’s application to restart copper production at the former openpit mine.
The regional government …
Atalaya considering options to progress Touro project Read More »
Zambia raised the stakes in its fight with Glencore Plc, threatening to strip the company of its copper mines in the southern African country.
Glencore said last week it needs to close shafts at Mopani Copper Mines due to falling metal prices, disrupt…
Glencore feud deepens as Zambia moves to revoke copper mines Read More »
Peru’s Antamina copper mine, controlled by BHP and Glencore, said on Monday that it would halt all operations for at least two weeks to mitigate against the spread of coronavirus.
The mine had previously been continuing to do essential work in produc…
