Hot News in this Week
Oct 31, 2025
Ivanhoe Mines reported a $77 million decline in profit for Q3 2025 due to disruptions at its flagship copper mine, Kamoa-Kakula, with after-tax profits of $31 million, down from $108 million in the same period last year and $2 million lower than the second quarter.
Source: www.mining.com
First Quantum Minerals made progress in Panama during Q3, advancing a government-approved preservation and safe management program at its suspended Cobre Panama copper mine, including shipping all remaining copper concentrate and supplies, beginning pre-commissioning work on the power plant, and preparing for a potential operations restart, while highlighting its commitment to safety, asset integrity, and environmental stewardship and expressing willingness to reach a fair fiscal agreement.
Source: www.mining.com
Anglo American expects its Collahuasi copper mine in northern Chile to return to full production by 2027, following a period of reduced output due to lower-grade ore and operational constraints. The mine, jointly owned by Anglo and Glencore Plc with a 44% stake each, is projected to produce around 600,000 metric tons of copper per year within two years, according to the company's chief operating officer, Ruben Fernandes. This recovery is expected to address near-term supply deficits in the global copper market, which faces mounting challenges due to production challenges in major mining jurisdictions and structural underinvestment in new copper mine development.
Source: www.miningfeeds.com
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