Cecilia Jamasmie

Protectionism is rising across 72 nations as governments vie for critical minerals, Verisk Maplecroft research shows.

Neves-Corvo in Portugal and Zinkgruvan in Sweden will nearly double Boliden’s zinc output and boost copper production by 43%.

The deal gives Sibanye-Stillwater a 40% stake in Neo Energy, making it the largest shareholder and maintaining its uranium market exposure.

The mine operator, Allied Gold, said the funds cover Kurmuk's first development phase, with production expected in mid-2026.

The results of the survey come at a time when the nation is grappling with the economic and social ramifications of Cobre Panama's closure.

The underground copper-gold-silver mine now processes 3,600 tonnes of ore per day, a 30% increase from December 2023.

Pan American no longer owns the mine but retains the right to 60% of future copper concentrate from La Arena II.

Revised life-of-mine plan will reduce total waste stripping by 65.8 million tonnes, leading to an estimated cost saving of $180 million.

The world’s largest diamond producer by value has reportedly cut prices between 10% and 15% across the board.

A small left-wing environmentalist party secured an agreement to delay the initiative in exchange for supporting the national budget.