Mining industry
Swedish mining and infrastructure equipment manufacturer Epiroc AB has secured a significant order from Sociedad Punta del Cobre SA, a Chilean copper mining company. The agreement includes a fleet of specialized haulers and digital solutions designed to enhance operational efficiency and safety across Pucobre's mines. The order, valued
Mining industry
Antipa Minerals Ltd (ASX:AZY) is strategically positioned at the heart of the Paterson Province exploration boom, with a dominant landholding covering more than 4,100 square kilometres of exploration tenements. The company is advancing its flagship Minyari Dome Gold-Copper Development Project, close to world-class deposits like Greatland's
Mining industry
Terra Metals, a Zambian-owned mining company, has formed a landmark joint venture with U.S.-based Metalex Commodities Inc. to develop and operate the Mwinilunga Copper Mine in Zambia's North-Western Province. The new entity, Lunda Resources, has already invested ZMW 270 million in initial project development and plans
Mining industry
As the global energy transition and the demands of the Fourth Industrial Revolution drive up demand for copper, African countries are leveraging this surge to boost investments across the value chain. The upcoming African Mining Week (AMW) conference will examine the impact of Merger & Acquisition (M&A) deals
Mining industry
Adriatic Metals, a London-listed company operating the Vares mine in Bosnia and Herzegovina, has agreed to be acquired by Dundee Precious Metals in a $1.3 billion deal. The acquisition, valued at 268p per share, will result in Adriatic Metals shareholders owning 25% of the combined group. The Vares mine
Mining industry
The Trump administration is reversing the Biden administration's decision to restrict copper-nickel mining near the Boundary Waters Canoe Area Wilderness in northeastern Minnesota, throwing a lifeline to the proposed Twin Metals Minnesota mine. The announcement was made by Secretaries Rex Tillerson and Jocelyn Benson, and marked a significant
Mining industry
Imperial Metals, a Vancouver-based mining corporation, has reported a significant increase in revenues for the first quarter of 2025 compared to the same period last year. The company's president, Brian Kynoch, attributed this success to solid operating and financial results, driven by a rise in copper and gold
Mining industry
Jordan took a significant step in reviving its mining sector with the signing of its first executive agreement for copper exploitation. Minister of Energy and Mineral Resources, Saleh Kharabsheh, and Hani Ma'touq Asmar, General Manager of Wadi Araba for Minerals, inked the 30-year concession agreement, granting the company
Mining industry
Panama's government has announced plans to allow a previously closed copper mine to export over 120,000 tons of already mined copper concentrate to cover maintenance and environmental protection costs. The move comes despite significant opposition from environmentalists and Indigenous groups who have raised concerns about the mine&
Mining industry
Harmony Gold, a JSE-listed miner, has acquired MAC Copper Limited for $1.03 billion in cash, marking a strategic move to diversify its operations away from gold and its South African base. The acquisition of the high-grade CSA copper mine in Australia, valued at a 20.7% premium on MAC&
Mining industry
The future of North Queensland's copper industry hangs in the balance, with the potential loss of 17,000 jobs and $10 billion in economic contribution to the state government at stake. Industry leaders and politicians are sounding the alarm, warning that the closure of Glencore's smelter
Mining industry
Vancouver-based Ivanhoe Mines Ltd. has temporarily suspended copper production at its Kakula mine in the Democratic Republic of Congo due to continued seismic activity. The company, one of Canada's largest copper mining operators, has withdrawn its production and cost forecast for the Kamoa-Kakula complex, citing uncertainty around the
