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BHP produced nearly two-million tonnes of copper and record iron-ore output for the 2026 financial year, but has lowered 2027 copper guidance to between 1.65-million and 1.8-million tonnes, a decrease of about 15%, mainly owing to a planned decline in Escondida ore grades in Chile. The warning triggered a sharp selloff in BHP shares and the broader Australian mining sub-index, compounding pressure from an eight-hour work stoppage at its Port Hedland iron-ore operations.
Hillgrove advances new Kanmantoo mining front, plans rebrandASX-listed Hillgrove Resources has approved development of Emily Star, a third underground front at its Kanmantoo copper mine in South Australia, requiring between $20-million and $22-million in capital, and will seek shareholder approval to rename itself Kantra Copper alongside a share consolidation.
Peru and Congo face copper-linked political and health risksA study warns that Peru's President-elect Keiko Fujimori could face unrest as she fast-tracks copper projects such as Tia Maria and Rio Blanco in regions that voted against her, while a worsening Ebola outbreak in the Democratic Republic of Congo is delaying US-backed minerals partnership talks aimed at securing copper and cobalt access.
Copper Updates
TSX-listed Imperial Metals Corporation has advised of the British Columbia Environmental Assessment Office recommending approval for the Mount Polley tailings dam construction to a 987 m elevation,...
Global gold miner Newmont Corporation has invested $902 916 to acquire 3.2-million units of TSX-V-listed Metallic Minerals Corporation in a private placement to maintain a 9.2% ownership interest...
Mining and metals advocacy group the ICMM warns that water availability could, in many regions, act as a constraint on the development of new mines and related facilities, particularly for the...
Mining and transportation conglomerate Grupo Mexico said on Tuesday its second-quarter net profit rose nearly 79% from the same period a year earlier, bolstered by higher copper prices and well...
Brazilian miner Vale posted on Tuesday its largest second-quarter output figure since 2018, with production of the steelmaking material rising 0.8% from a year earlier and coming above analysts'...
Swedish miner Boliden reported a weaker-than-expected quarterly adjusted operating profit, sending its shares 3% lower on Tuesday, hit by higher costs, disruption at its Garpenberg mine (Sweden)...
Zinc prices are expected to retreat from recent highs over the rest of the year as lacklustre demand offsets supply disruptions, analysts say. The metal used to galvanise steel is up more than 13%...
In its latest quarterly report, diversified miner South32 CEO Matt Daley says the group continued to deliver strong operating results, exceeding group production guidance for the financial year...
UK-based mineral exploration and development company Sunrise Resources has established a new copper/silver/gold project in Nevada called Lake after its location in the Lake Mining District. Sunrise...
Australian diversified miner South32 reported lower fourth-quarter copper production on Monday, missing market estimates, as impacts from inclement weather continued to hamper mining operations at...
Platinum group metals (PGMs) miner Valterra Platinum expects its headline earnings and headline earnings per share (HEPS) for the six months ended June 30 to increase by more than 1 388%...
ASX-listed Hillgrove Resources has garnered board approval for the start of development at Emily Star as the third underground mining front of the Kanmantoo copper mine, in South Australia. The...
TSX- and Nasdaq-listed mining major Lundin Mining expects to report certain impacts to its adjusted earnings before interest, taxes, depreciation and amortisation (Ebitda) and adjusted earnings per...
Commercial production is now expected in the fourth quarter of 2026.
Power in Africa is not only an issue of infrastructure, but also an economic issue because industry requires reliable, affordable and sustainable energy. Industrial competitiveness is impossible...
Nasdaq- and TSX-listed Elemental Royalty has entered into an investment agreement of $25-million with Peruvian mining company Quilla Resources and its subsidiary Minera Pamapa de Cobre (MPC) to...
Australian shares ended flat on Thursday, as banks steadied the benchmark against a BHP-led mining selloff that wiped out most of the sector's recent gains, after the global miner cut its copper...
Global diversified miner BHP produced nearly two-million tonnes of copper and record iron-ore production for the financial year ended June 30, but has substantially lowered its copper production...
A worsening Ebola outbreak in the Democratic Republic of Congo (DRC) is disrupting travel and delaying meetings tied to a US-backed critical minerals partnership aimed at loosening China's hold on...
Peru's President-elect Keiko Fujimori could face new protests in mining areas as her government tries to spearhead large copper and other mining projects that have been delayed for years, according...
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