PDAC: Vale eyes doubling of copper output, CEO says
Brazilian iron ore giant Vale (NYSE: VALE) is targeting a doubling of copper output over the next decade as part of a plan to expand its footprint in three main…
Articles by FREDERIC TOMESCO
Osisko’s Gaspé revamp ties history to copper’s surge
For Osisko Metals (TSX: OM; US-OTC: OMZNF) chief operating officer Jeff Hussey, life has a way of repeating itself. Three decades ago, Hussey was hired by Toronto-based mining giant Noranda to work as a…
QazMoly nears $240M US funding for tungsten project in Kazakhstan
Kazakh company QazMoly said it could get as much as $240 million (C$328 million) in United States funding to develop its Drozhilov project in Kazakhstan if a deal can be…
Nevada tops Fraser survey as Ontario, Saskatchewan rise
Nevada has dislodged Finland as the best jurisdiction for mining investment globally while two Canadian provinces – Ontario and Saskatchewan – have climbed into the top three, a new survey…
Sitka Gold update puts RC among biggest deposits in Yukon’s Tombstone belt
Updated resources for Sitka Gold’s (TSX-V: SIG; US-OTC: SITKF) RC project in the Yukon have more than doubled inferred ounces, putting the property on course to become the Tombstone gold belt’s…
Mexican security risks highlighted in new reports
Escalating security risks and a legacy of lengthy project approvals are increasing investor scrutiny of mining exposure to Mexico, TD Cowen says. Recent incidents linked to cartel activity — such…
Quick payback seen for Yukon’s Coffee gold project
Newmont (NYSE: NEM)-backed developer Fuerte Metals (TSXV: FMT; US-OTC: FUEMF) says it would need barely a year at current gold prices to recoup the C$983 million ($718 million) initial capital…
First Quantum’s Argentina copper mine valued at $5.9B
A new technical report on First Quantum Minerals’ (TSX: FM) Taca Taca copper-gold project in northwest Argentina shows the project’s value has more than doubled in five years thanks in…
Vale to sell Manitoba nickel complex to investor group
Brazilian mining giant Vale (NYSE: VALE) is selling control of Manitoba’s Thompson nickel mine complex to a trio of investors that agreed to inject up to US$200 million ($280 million)…
Rio gains control of Nemaska, eyes $300M investment
Rio Tinto (ASX, LSE, NYSE: RIO) said it plans to invest more than $300 million (C$411 million) this year to expand its lithium business in Quebec after assuming control of Nemaska…
Capstone sinks on lacklustre production outlook
Capstone Copper (TSX: CS; ASX: CSC) shares dropped after the company disclosed weaker-than-expected 2026 output targets due to lower grades at the Mantos Blancos operation and the lingering effects of a…
Bullion rally has legs, Scotiabank says
Sustained central bank buying, heightened geopolitical uncertainty and rising investor flows into exchange traded funds are some of the main factors that could keep propelling gold higher over the coming…