Higher costs pinch Indonesian nickel producers
A persistent nickel ore shortage in Indonesia is raising costs for producers even as a wider global surplus in the refined metal caps prices, according to a market summary this…
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Anglo-Teck deal seen spurring rival bids: analysts
Anglo American’s (LSE: AAL) proposed acquisition of Teck Resources (TSX: TECK.A TECK.B, NYSE: TECK) could end up putting both companies in play as rival miners scramble to find large-scale copper assets,…
Galiano halts Ghana deposit work after clash
Galiano Gold (TSX, NYSE-A: GAU) says it temporarily suspended operations at the Esaase deposit at Ghana’s Asanko mine after one person died Tuesday during a clash between soldiers and area…
Friedland-backed Sunrise doubles scandium resource
A resource update for Robert Friedland-backed developer Sunrise Energy Metals’ (ASX: SRL) Syerston scandium project in New South Wales, has nearly doubled its resource and positions it among the largest…
AI demand seen pushing copper price longer term
The copper price faces short-term headwinds from trade wars and weakening United States consumption, but longer-term demand from artificial intelligence and grid electrification is set to overwhelm supply, Red Cloud…
Panama to discuss First Quantum copper mine restart
Panama may open talks early next year with First Quantum Minerals (TSX: FM) on the possible restart of its shuttered Cobre Panamá copper mine. Commerce Minister Julio Moltó told local…
Infographic: Why most US copper is from the Southwest
Copper mining in the four southwestern states of Arizona, Nevada, New Mexico and Utah produces almost all of the United States’ red metal output. In 2024, almost two-thirds of the total…
Rio Tinto, partners score major tax break on Simandou
Rio Tinto (ASX, LSE: RIO) and its partners in Guinea’s Simandou iron ore project have reportedly secured corporate tax concessions worth more than half off the standard rate for key…
Lithium price may ease again as China mine restarts
Chinese battery producer Contemporary Amperex Technology (CATL) is expected to resume production at its lithium mine in Yichun of Jiangxi province, in a move that could alleviate supply concerns and…
Anglo, Teck strike $50B merger in decade’s top deal
Anglo American (LSE: AAL) is acquiring Teck Resources (TSX: TECK.A TECK.B, NYSE: TECK), Canada’s largest diversified miner, in a $50-billion (C$69-billion) all-share deal that would create the world’s fifth-largest copper…
Beaver Creek: Policy is the new geology, panel hears
Beaver Creek, Colo. – The single biggest driver of returns now isn’t what’s in the rock, it’s what’s on the books, a panel heard on Tuesday at the Precious Metals…
Site visit: Gunnison taps Nuton tech as America’s newest copper producer
COCHISE COUNTY, ARIZ. — Gunnison Copper’s (TSX: GCU; US-OTC: GCUMF) namesake deposit and Johnson Camp Mine sit at two intersections, literal and metaphorical. Nestled among rocky, rolling hills dotted with…