Glencore, Quebec refute smelter shutdown report
Glencore (LSE: GLEN) and Quebec have denied a Reuters report that the company was planning to shut down its Horne smelter in the province — Canada’s largest copper-metal producing plant…
Copper
Teck’s QB upturn bodes well for $53B Anglo merger
Teck Resources (TSX: TECK.A, TECK.B; NYSE: TECK) said on Monday its Quebrada Blanca (QB) mine in Chile is showing signs of recovery, following months of underperformance that raised questions about…
Anglo Asian inks copper contract with Trafigura
Anglo Asian Mining (LSE: AAZ) has contracted to sell concentrates produced at its newly started Demirli copper mine to global commodities trader Trafigura. The sales contract includes a revolving prepayment…
Aldebaran’s Altar copper project may generate $11B
Aldebaran Resources (TSXV: ALDE; US-OTC: ADBRF) says a preliminary economic assessment (PEA) for its Altar copper-gold project in Argentina establishes “robust” economics and sets the stage for new studies in…
Ivanhoe profit shrinks on copper mine disruption
Shares in Ivanhoe Mines (TSX: IVN; US-OTC: IVPAF) fell on Thursday after disruptions at its flagship copper mine knocked third-quarter results. For the three months to Sept. 30, the Vancouver-based…
Agnico’s $130M Avenir to probe beyond gold
Canada’s Agnico Eagle Mines (TSX, NYSE:AEM) has launched a new subsidiary, Avenir Minerals, to manage and advance nearly $80 million in early-stage critical minerals investments. The Toronto-based gold miner plans…
First Quantum reports Panama progress amid audit
Miner advances preservation program, power plant restart and looks forward to talks on a long-term agreement.
New Gold delivers record Rainy River output
New Gold (TSX, NYSE-A: NGD) soared to its highest in more than a decade on Wednesday after delivering a strong third quarter marked by the best-ever production at its Ontario…
Collective extends Apollo gold system in Colombia
Canadian explorer Collective Mining (TSX, NYSE: CNL) has expanded the footprint of its Apollo system at the Guayabales gold project in Colombia and plans to accelerate exploration with as much…
Osisko says Gaspé assays expand copper deposit
Osisko Metals (TSX: OM; US-OTC: OMZNF) said new drilling at its flagship Gaspé project in eastern Quebec yielded multiple occurrences of copper in the deposit’s core. Hole 30-1119 cut 46…
Glencore output on target despite copper fall
Shares in Glencore (LSE: GLEN) climbed on Wednesday after the Swiss miner and commodities trader said it remains on track to meet its full-year production targets, easing investor concerns about…
EU urged to boost critical minerals push
The European Union must ramp up support for its critical minerals sector and allow greater state intervention to counter China’s rare earth export curbs, the European Initiative for Energy Security…