Sierra Metals puts Cusi silver mine up for sale as it pivots to copper
Sierra Metals (TSX: SMT) is placing its Cusi silver mine in Mexico on care and maintenance and has started the process to sell the mine amid the company’s shift towards…
Copper
Copper prices may jump 20%, aluminum by 36% as demand outpaces supply: forecast
Global copper and aluminum supply deficits may cause prices to soar within a few years while steel may drop, according to a new report on metals. A 5.4-million-ton (4.9-million-tonne) copper…
Barrick eyes copper growth as Bristow laments market’s need for ‘instant gratification’
Barrick Gold (TSX: ABX; NYSE: GOLD) is projecting a 30% increase in production by 2030 on the back of the growth options embedded in its asset portfolio, its president and…
First Quantum chairman Philip Pascall passes away
First Quantum Minerals (TSX: FM) has announced its chairman and co-founder Philip Pascall has died. The company says Pascall passed peacefully at his home in Perth, Western Australia, on Tuesday…
US government mulls 50-year mining ban in northern New Mexico
The US government is proposing to ban mining and oil drilling in northern New Mexico for up to 50 years as part of the Biden administration ongoing efforts to protect Native…
Will technology curb demand for copper?
I’ve written extensively about the emerging opportunities for copper. Geopolitics, riots, water shortages, declining output, and lack of new discovery are all reasons you should be planning for higher prices…
Taseko shares hit four-month high after EPA issues final permit for Arizona copper mine
Shares in Canada’s Taseko Mines (TSX: TKO; NYSE: TGB; LSE: TKO) soared Thursday morning to their highest level since May after the company said the receipt of a U.S. Environmental…
Vedanta hires ex-Gold Fields boss to run copper, zinc mines
Vedanta Resources (LSE: VED) announced on Thursday it had appointed former Gold Fields (NYSE: GFI; JSE: GFI) chief executive, Chris Griffith, to head its base metals unit, including its recently…
Quebec Snapshot: Eight companies exploring for gold and battery metals
Canada’s largest province by land mass hosts mineral-rich deposits in undeveloped remote areas as well as projects connected to the southern road network. Here’s a glimpse of eight companies advancing…
Beaver Creek: Mining tycoons ponder gold’s role in looming financial ‘reset’
Mining magnates Frank Giustra and Rob McEwen had a friendly audience yesterday at the Precious Metals Summit in Beaver Creek, Colo., as they outlined the key role they expect gold…
Beaver Creek: Critical minerals shine at precious metals summit
The mining sector, a longstanding pillar of the global economy and even more important now with rising attention to critical metals and secure supply in Western nations, is facing emerging…
ATEX Resources stock rises on Valeriano resource update
ATEX Resources (TSXV: ATX) saw a significant boost in its share price Tuesday after it issued an updated resource estimate for the Valeriano project located in Chile’s Atacama region. The…