Anglo American rejects BHP’s revised US$43B proposal
Anglo American stated that the new offer was “highly unattractive” for its shareholders.
Copper
Freeport enters earn-in on Max Resource’s Cesar copper-silver project in Colombia
U.S. copper giant Freeport-McMoRan has invested US$1.6 million in Max Resource (TSXV: MAX) in return for the chance to earn a stake in the junior’s Cesar copper-silver project in northwestern Colombia….
South32’s Hermosa project enters US federal permitting under FAST-41
The US Forest Service has started the federal permitting process for South32‘s (LSE: S32; ASX: S32) Hermosa project by kicking off the environmental review required by the National Environmental Policy…
Rio Tinto has not ruled out Anglo American bid: report
While Rio has a smaller market capitalization than rival BHP, it’s large enough to make an all-share offer for some or all of Anglo American.
BHP, Ivanhoe Electric to hunt for US copper together
Mining giant BHP (ASX: BHP; LSE: BHP; NYSE: BHP) and Ivanhoe Electric (NYSE: IE; TSX: IE) have partnered to explore for copper and other critical minerals in selected areas in…
JV Video: Cascadia drills for more high-grade porphyries in BC and Yukon
Barely a year old, Cascadia Minerals (TSXV: CAM) found almost immediate success with its high-grade copper and gold results in Yukon. “To be able to hit a copper-gold porphyry on…
JV Video: Faraday Copper adds value to ‘one of largest’ red metal resources in US
Faraday Copper‘s (TSX: FDY; US-OTC: CPPKF) Copper Creek project in Arizona hosts enough red metal to make it “one of the largest undeveloped copper resources in the United States,” CEO…
U.S. Gold surges after obtaining Wyoming mining permit
U.S. Gold (Nasdaq: USAU) surged on Wednesday after the company said the Wyoming Department of Environmental Quality issued the surface mining permit for the CK gold project, a key milestone….
Sierra Metals converts resources to reserves for Peru, Mexico mines
A Sierra Metals (TSX: SMT, US-OTC: SMTSF) update has converted between one-fourth and more than one-half of the resources at its Yauricocha and Bolivar underground polymetallic mines to reserves. Yauricocha,…
Osisko update reveals 3.2B lb red metal asset at Copper Mountain
A resource update for Osisko Metals‘ (TSXV: OM; US-OTC: OMZNE) Copper Mountain deposit in Quebec increases the copper-equivalent metal content by 30% over the previous estimate, making it the largest…
Grid Metals increases resource by a third at MM copper-nickel project in Manitoba
Grid Metals (TSXV: GRDM; US-OTC: MSMGF) has raised the indicated tonnage by more than a third at its MM copper-nickel project in southeast Manitoba. The combined indicated open pit resources…
Underwater power play for metals in full swing
Despite its stranglehold on mining and processing, there’s one arena of critical minerals that China doesn’t control – underwater resources. No one does, as deep sea mining has yet to…