Copper mining news

The 2023 MRE incorporates 28 374 m of new drilling data completed since the 2022 MRE released in October 2022.

Saudi Arabia’s Ma’aden has finalised its agreement with Ivanhoe Electric to form a joint venture to undertake one of the largest exploration programmes ever conducted.

The mine and concentrator are expected to produce an average of 133 000 t of copper contained in concentrate during its first 5 years of production.

Newmont Corp. has announced that, following completion of due diligence, it has entered into a binding Scheme Implementation Deed under which it will acquire Newcrest.

Critical Metals plc has provided a comprehensive operational update on the activities underway at its Molulu copper/cobalt asset in the Democratic Republic of Congo (DRC).

At Especularita, successful sampling work at the Teresita and Victoria prospects highlights the prospectivity of the area with high-grade copper identified in outcrops and artisanal mine dumps.

The Copper Mark, the assurance framework to promote responsible practices in the copper, molybdenum, nickel and zinc industries, has released its first Monitoring and Evaluation report.

The order value of €17 million has been booked in the Minerals’ segment 1Q orders.

BHP has announced that it has completed its acquisition of OZ Minerals and is now OZL’s ultimate parent company.

Anglo American plc has released its production report for the first quarter ended 31 March 2023.