Glencore to sell stake in troubled New Caledonia nickel operation
Glencore (LSE: GLEN) said on Monday it will close and sell its stake in the loss-making Koniambo Nickel SAS (KNS) business it co-owns in New Caledonia, as a sharp drop…
First Quantum Minerals
First Quantum to halt Ravensthorpe nickel mine for two years
Canadian miner First Quantum Minerals (TSX: FM), which is reeling from the forced closure of its giant copper mine in Panama, will halt mining at its Ravensthorpe nickel operation in…
First Quantum said to be in talks with Jiangxi over Zambian mines
Canadian miner First Quantum Minerals (TSX: FM), which is reeling from the forced closure of its flagship copper mine in Panama, is said to be in talks to sell a stake…
Barrick, Antofagasta to spend US$95M exploring for copper in Chile
Canada’s Barrick Gold (TSX: ABX; NYSE: GOLD) and Chilean miner Antofagasta (LSE: ANTO) have partnered up to explore for copper and other metals in the Alto del Carmen area of…
The biggest global mining news of 2023
The mining world was pulled in all directions in 2023: the collapse of lithium prices, furious M&A activity, a bad year for cobalt and nickel, Chinese critical mineral moves, gold’s…
First Quantum takes Panama to international court
It is also suspending its 2023 production guidance for Cobre Panama mine, which accounts for about 1.5% of the world’s copper production.
Panama’s top court deems First Quantum contract unconstitutional
Panama’s Supreme Court ruled on Tuesday that First Quantum Minerals’ (TSX: FM) contract to operate the giant Cobre Panama copper mine, the only mining operation in the Central American country, is…
Panama court to rule on First Quantum mine’s fate
Panama’s Supreme Court began deliberations on Friday to decide the future of First Quantum Minerals’ (TSX: FM) giant Cobre Panama copper operation, the Central American country’s only mine. The top…
Exclusive: Bristow eyes copper growth as Barrick invests in junior
Barrick Gold (TSX: ABX; NYSE: GOLD) is investing in junior Hercules Silver (TSXV: BIG) as part of a plan to find porphyry copper deposits, Barrick CEO Mark Bristow says. Of…
First Quantum could seek arbitration over Cobre Panamá
First Quantum Minerals (TSX: FM) may want to send its on-again off-again battle with the Panama government over Cobre Panamá to international arbitration. That was the consensus from legal experts…
First Quantum shares fall 50% since Friday as Panama seeks referendum
Panama’s President Laurentino Cortizo has cleared the first hurdle to fast-track a bill that would allow the country to hold a referendum on the controversial 20-year contract with Canadian miner…
New kids book aims to get girls into mining
Move over Dora the Explorer — another Latina heroine and adventurer is here and she’s ready to teach kids about mining. Like Dora, Ana likes adventures and problem solving. But…