Implats is considering an early shutdown for its Lac des Iles mine as prices for palladium have fallen more than 70% since 2022.
The program will focus on high-priority targets identified within the Pueblo Grande Norte and Pueblo Grande Sur zones.
BHP might finally have the rare chance to access more of the world’s vast copper reserves that can last for generations.
Three long-serving directors will step down later this year as part of a planned transition.
The disruption at Kipushi not only pushed C1 costs higher but also underlines the vulnerability of operations.
According to Reuters, the deal is pending formal approval from Mali’s government.
They will jointly develop their adjacent Los Bronces and Andina mines, in a bid to boost copper production without major investments.
The parties have also agreed to undertake metallurgical studies using proprietary technologies developed by Dundee Sustainable Technologies.
Fortescue has started compulsory acquisition proceedings for the remaining shares of Red Hawk, which owns the Blacksmith project.
The nickel assets include the Barro Alto mine, Niquelândia mine and the Barro Alto and Codemin ferronickel processing plants.