OZ approves development of $1.13bn copper project in Australia
The company is considering divesting a minority stake in the West Musgrave project to a strategic partner.
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Comet improves terms for Australian project purchase from Glencore
Comet will provide a 2% net smelter return royalty on any production from the Mt Margaret project.
Agnico Eagle to buy stake in Teck’s Mexican copper-zinc mine
Teck and Agnico Eagle will become joint venture partners for the San Nicolás copper-zinc development project.
Tertiary and FQM partner to jointly explore two Zambian copper projects
The companies will establish a technical committee to collaborate on advancing the exploration and development of the projects.
Brute force: could Russian mining mergers counter Western sanctions?
In response to Western sanctions, Russian miners have looked towards merging to create companies strong enough to resist economic penalties.…
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Ivanhoe and Gécamines begin construction at Kipushi mine in DRC
The Kipushi zinc-copper-germanium-silver mine is planned to restart production by late 2024.
Mitsubishi to take over Japanese copper smelter from JV partners
Mitsubishi anticipates the acquisition to help in optimising material flow extracted from its various smelting business.
McEwen and Rio Tinto to develop Elder Creek project in Nevada
Rio’s subsidiary Kennecott Exploration will have the option to earn a 60% stake in the project by investing $18m.