Hot News in this Week
Apr 25, 2025
South32 has broken ground on its $2.16 billion Hermosa project in Arizona, the largest private investment in southern Arizona's history and the largest investment in the local Santa Cruz county economy to date, which will be supported by a new Centro remote operations center in Nogales and will produce two federally designated critical minerals, zinc and manganese, using advanced automation to enhance safety and productivity.
Source: www.mining.com
According to the article, the world's largest copper mines produced a total of 5.8 million tonnes of copper in 2024, with the Escondida mine in Chile leading the way with an output of 1.28 million tonnes. The article highlights the central role that these mines play in meeting global copper demand, which is expected to rise sharply by 2050. The ten largest copper mines accounted for over 5.8 million tonnes of copper production in 2024, with some mines experiencing year-over-year output increases while others saw decreases. The article notes that the race is on not only to discover new reserves but also to ramp up output at existing operations as the demand for copper continues to grow.
Source: www.miningfeeds.com
In a major breakthrough, the mining license for the Bougouni lithium project in southern Mali has been officially transferred to Les Mines de Lithium de Bougouni (LMLB), a subsidiary of London-listed Kodal Mining UK, following the approval of the transfer of the central exploitation permit.
Source: www.miningfeeds.com
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