News

Miners around the globe produced 330,000 more tonnes of copper between January and March this year than in the same period of 2017, helped by higher production in world’s leader Chile.

The post Global copper output up 7.1 pct in first three months of 2018 appeared first on MINING.com.

First Quantum will invest $1.5 million to advance exploration work at the Orquideas and Cascas assets in the first year, with the option of investing an additional $37 million over the course of the subsequent four years covered by the deal.

The post Lumina Gold, First Quantum ink deal to advance exploration in Ecuador appeared first on MINING.com.

Shares in the gold miner went ballistic over the news, jumping around 52% in London and more than 59% in Toronto.

The post New York-based equity fund buys Ireland-focused Dalradian for Cdn$537m appeared first on MINING.com.

Sumitomo’s move comes as Japanese trading companies have been grabbing assets and increasing their stakes on a few of them thanks higher commodities prices, which have boosted their profits.

The post Newmont sells stake in Yanacocha gold mine to Japan’s Sumitomo for $48 million appeared first on MINING.com.

"Metals markets are well supplied and weaker demand from China will prove too strong a headwind for prices," says new report.

The post Trade worries aside, copper price has further to fall appeared first on MINING.com.