Ero Copper announced a significant commissioning milestone at the Tucumã project in Pará, Brazil, with the production of saleable copper concentrate, which exceeded process design concentrate grade targets. This milestone was achieved following the successful commissioning of the milling and flotation operations prior to the end of the second quarter of 2024. Remaining work on site is focused on concluding…
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Lundin in talks to offer Josemaria stake to Japanese group: report
Base metals miner Lundin is reportedly in discussions with Japanese trading houses and large miners to turn over between a 40% and 50% stake in its Josemaria copper-gold operation in Argentina. CEO Jack Lundin said in a Reuters interview that it is conducting risk analysis before finalizing plans with its strategic partners for Josemaria’s development. The executive, who was just…
Read MoreChile minister: copper mining royalties to rise
The finance minister for Chile, Mario Marcel, has reportedly outlined a tax reform plan that will not only raise taxes across the country, but will also increase mining royalties for copper companies producing over 50,000 tonnes annually. The plan, according to a Reuters report, would impact some of the industry’s largest producers including BHP, Antofagasta, Codelco and others. It has…
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