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Mining News

Waste & RecyclingMetals & SteelPrecious MetalsMining
Panama President Sees No Environmental Threat from Copper at Closed First Quantum Mine

Panama President Sees No Environmental Threat from Copper at Closed First Quantum Mine

He added that the government plans to decide in January whether First Quantum's proposed maintenance plan for the mine, known as Cobre Panama, can move forward.
Barrick Gold Seeks Fair Resolution of Mali Dispute Through Arbitration

Barrick Gold Seeks Fair Resolution of Mali Dispute Through Arbitration

The company, on Monday, had threatened to suspend its operations in the African nation if gold exports continued to remain blocked.
Barrick Gold Threatens to Suspend Mali Operations

Barrick Gold Threatens to Suspend Mali Operations

The Loulo-Gounkoto complex's conditions have significantly deteriorated, according to the firm.
Robex Resources Anticipates First Gold Pour from Guinea Gold Project in Q4 2025

Robex Resources Anticipates First Gold Pour from Guinea Gold Project in Q4 2025

Robex recently claimed that it settled all tax and customs claims by the government.
El Salvador Eyes $3 Trillion Gold Mine Beneath Its Soil

El Salvador Eyes $3 Trillion Gold Mine Beneath Its Soil

"God placed a gigantic treasure underneath our feet," Bukele wrote, calling the 2017 mining ban "absurd."
Chinese Gold Mining Threatens a Protected UN Heritage Site in Congo

Chinese Gold Mining Threatens a Protected UN Heritage Site in Congo

The ICCN told The Associated Press that in meetings this year with the mining registry the misunderstandings around the boundaries were clarified and the original ones should be used.
Lundin Gold Anticipates Improved Gold Recoveries in 2025

Lundin Gold Anticipates Improved Gold Recoveries in 2025

Beginning in 2026, the miner has found multiple ways to increase average throughput to 5,500 tpd by further debottlenecking operations.
Greatland Gold Begins Gold Production at Telfer Mine

Greatland Gold Begins Gold Production at Telfer Mine

Mining activities are ongoing in the West Dome open pit and Main Dome underground areas.
Rio’s Abandoned Panguna Copper Mine Still a Threat, Report Says

Rio’s Abandoned Panguna Copper Mine Still a Threat, Report Says

In 2021, Rio agreed to fund an independent study, undertaken by environmental firm Tetra Tech Coffey.
Indigenous Mining Complicates Brazil's Fight Against Illegal Gold

Indigenous Mining Complicates Brazil's Fight Against Illegal Gold

Very little taxation is collected, even though the trading of gold is public for all to see in Jacareacanga.
Lumina Gold Reached Agreement with Ecuador on Cangrejos Mining Contract

Lumina Gold Reached Agreement with Ecuador on Cangrejos Mining Contract

The royalty rates for gold, silver and copper production will be in the range of 3% to 8% and will be relative to respective metal prices.
Newmont Reached Agreement to Sell its Eleonore, Quebec Operation

Newmont Reached Agreement to Sell its Eleonore, Quebec Operation

The transaction is another step forward in the company’s journey towards creation of a go-forward portfolio of Tier 1 gold and copper assets.
Great Southern Copper kicks off new drill campaign in Chile

Great Southern Copper kicks off new drill campaign in Chile

Garrett also noted progress toward the next drill campaign after Viuda.
Barrick’s Unparalleled Asset Portfolio and Strategy to Drive Sustainable Growth

Barrick’s Unparalleled Asset Portfolio and Strategy to Drive Sustainable Growth

The company is exploring new growth opportunities in various countries including Chile, Peru and Ecuador.
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Metal Futures

CME
Copper4.0985$US/Lb
Gold2640.50$US/Oz
Silver30.07$US/Oz
Palladium919.50$US/Oz
SHFE
Aluminum19865.00CNY/Ton
Copper74040.00CNY/Ton
Lead17320.00CNY/Ton
Zinc25465.00CNY/Ton

Weekly Scrap Metal Price Report- December 20, 2024

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