The miner kicked off in October a restructuring process at its four loss-making mines that was expected to result in the loss of 4,095 jobs. 

Approved project will increase Julong mine's capacity to 350,000 tonnes per day by 2025, making it China's largest single copper mine.

Production of the metal surged 58% to 103,000 tonnes in Q4 2023 as the mine was operating near design throughput capacity by year-end.

The world's largest gold miner will use proceeds to cut debt, which stood at $8 billion at the end of 2023.

The project's mineral resources estimate has increased 445% since the previous report, released in late 2018.

Miner expects to report a 91% drop in annual profit for 2023 due to a sharp decline in metals prices and operational problems.

Jiangxi Copper, the Canadian miner’s top shareholder, will receive 50,000 tonnes of copper anode per year from mines in Zambia.

KoBold aims to earn a 75% interest in the Dumbwa portion of Solwezi, after forming a JV with the Canadian miner.

The new bid values Osino at $213 million and includes a $10m loan to fast-track the development of the Twin Hills gold project in Namibia.

Long-awaited permit will extend the life of Peru's largest copper mine, co-owned by Glencore, BHP, Teck and Mitsubishi, from 2028 to 2036.