Codelco pays US$520M for Enami’s 10% stake in Teck’s Quebrada Blanca copper mine in Chile
The deal will contribute 25,000 to 30,000 tonnes of copper to Codelco’s annual output.
Copper
JV Article: Arizona Sonoran closing in on permit success at Cactus
With 11 billion lb. of contained copper in the ground and a recently rescoped preliminary economic assessment (PEA) that demonstrates 94% of the resources can be mined with open-pit methods,…
Ivanhoe Mines’ Kamoa-Kakula hits record copper production in August
Copper complex in the DRC achieved a monthly production of 40,347 tonnes of copper in concentrate in August.
Teck restructures, promotes staff after coal exit
Teck Resources (TSX: TECK.A and TECK.B, NYSE: TECK) says its new company structure will revolve around two regional business units, North America and Latin America, as it shifts to produce…
Editorial: Mining-powered rockets vs dockets
As we look in the waning days of summer to the United States’ Southwest in this edition, it strikes us that there’s been a staggering number of days that only…
Latest permit for Hudbay project in Arizona paves way for major U.S. copper boost
Hudbay Minerals (TSX: HBM; NYSE: HBM) now has in hand the second-last permit it needs to start construction at its 85,000-tonne-per year Copper World project in Arizona. The permit granted…
Midnight Sun shares plunge as Zambia blocks copper target’s exploration
Midnight Sun Mining (TSXV: MMA) shares plunged on Thursday after it reported the Zambian government rejected a request to renew the company’s exploration licence for the Kazhiba target at its…
Cordoba Minerals bags Alacran permit approval in Colombia
Cordoba Minerals (TSXV: CDB; US-OTC: CDBMF) has secured a construction permit for the Alacran copper-gold-silver project in Colombia with work set to start by the second quarter next year, assuming…
Global copper surplus swells — report
The world’s surplus of refined copper quadrupled in the first half of 2024 compared to a year ago following a growth in production and recovery in mine output, preliminary data…
Canada imposes tariffs on Chinese EVs, steel to boost mining sector
Canada on Monday introduced weighty tariffs on steel, aluminum and electric vehicle (EV) imports from China in a move the government said will protect the mining sector and domestic jobs…
Canadian rail lines restore service but supply snags need to be smoothed
Canada’s rail disruption has ended after Ottawa imposed binding arbitration but cargo piled in loading yards could take a few weeks to sort out, officials said. Workers at Canadian National…
Aura Minerals delays Matupá construction for more drilling to expand gold resource
Aura Minerals (TSX: ORA) (OTCQX: ORAAF) says it’s delaying construction of its Matupá gold project in Brazil for more exploration to “significantly” expand the company’s resources. The Canadian miner withdrew…