Ivanhoe and JMMC making rapid progress at Kamoa-Kakula in DRC
At the Kamoa-Kakula Project in the Democratic Republic of Congo (DRC), the first phase of development at the Kakula Copper Mine is in many respects
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Ivanhoe advances Kakula underground development at record pace
Ivanhoe Mines has now completed 13.5 km of underground development at the Kakula copper mine, in the Democratic Republic of Congo (DRC). The company is 4.2 km ahead of
First Quantum cuts 2020 guidance and capex
anada-based copper and gold miner First Quantum has lowered its guidance for 2020 by 75 000 t of copper and 30 000 oz of gold, citing a reduction in production expectations at the Cobre
Freeport’s El Abra copper mine in Chile to scale back processing as prices plunge
SANTIAGO – Freeport’s El Abra copper mine in Chile said on Monday it would scale back copper processing by 40% and lay off workers as global
Freeport-McMoRan announces cost cuts in response to virus
YSE-listed Freeport-McMoran (FCX) on Friday announced a 30% reduction in planned capital expenditure (capex) for 2020, as it unveiled a new operating plan in response
Miners will weather the covid-19 storm — report
Mining companies’ will be able to weather the year despite the covid-19 pandemic, owing to having vastly streamlined their operations, cut debt and expenditures, and
Miners will weather the year, despite Covid-19, says Fitch
hile Fitch Solutions Macro Research has long held the view that major miners are better positioned to weather unexpected storms, grow further and tackle new challenges, the
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