COPPER
Aramco and Maaden Advance Saudi Copper Mining Venture
Aramco and Maaden have announced their intention to form a joint venture focused on mineral exploration and hard rock mining across Saudi Arabia. The Saudi copper mining venture brings together deep geological knowledge and proven mining expertise to develop...
Asia Pacific
Korea Eximbank Funds Glencore for Copper Supply
Korea Eximbank has extended $1 billion in working-capital financing to Glencore International AG, a wholly owned subsidiary of Glencore, in a deal tied to securing copper supply for Korean companies. The state-run Korean lender confirmed the arrangement in a...
COPPER
GR Engineering Wins $275M Yitirrti Project EPC Contract
GR Engineering Services has executed a $275 million engineering, procurement and construction contract for the Yitirrti Project, a copper-silver-zinc development located approximately 144 kilometres southeast of Port Hedland in Western Australia.
The EPC agreement was signed with Venturex Sulphur Springs,...
COPPER
South Korea Chile Mineral Partnership Strengthens Lithium and Copper Supply Chains
South Korea and Chile have signed five memorandums of understanding (MOUs), including a mineral resources partnership, to strengthen cooperation on lithium and copper supply chains and support investment across the critical minerals sector.
The agreements were signed during a summit...
COPPER
Evolution Mining Secures Deal for Greater Duchess Project
A significant Evolution Mining acquisition has been announced, with the company reaching an agreement to purchase Carnaby Resources. The transaction, valued at approximately $213 million, will bring the Greater Duchess Copper-Gold Project into the buyer's expanding portfolio.
Under the terms...
COPPER
Chile Eyes $100 Billion Copper Investment Push to Diversify Beyond China
Chile is planning approximately $100 billion in copper investments over the next decade, aiming to broaden its customer base well beyond China and tap into rising demand from data centers worldwide. The ambitious initiative was outlined by Chilean Foreign...
COPPER
Hitachi Adds Second Chile Mining Fleet at Mantoverde
Hitachi Construction Machinery has added its second Chile mining fleet with the deployment of equipment at Capstone Copper's Mantoverde mine in the Atacama Region. The latest fleet delivery marks another milestone for the company in Chile and supports mining...
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