Turquoise Hill okays Oyu Tolgoi US$75M bridging budget
Turquoise Hill Resources (TSX, NYSE: TRQ) has approved a bridging budget of US$75 million that allows the parties involved in the vast Oyu Tolgoi copper-gold mine in Mongolia to progress the…
Copper
UPDATED: Capstone Mining, Mantos Copper to merge
Canada’s Capstone Mining (TSX: CS) and Chile-focused Mantos Copper, run by British investment firm Audley Capital Advisors and Orion Mine Finance, are merging to form a new copper producer called Capstone Copper….
Feds, BC government launch climate resilience committee in wake of devastating floods
The federal and B.C. governments have formed a new committee to address climate resilience in British Columbia following the devastating flooding, mudslides, and damage to highways and rail infrastructure in…
TSX tumbles, Nov. 22-26
The S&P/TSX Composite Index fell 1.99% or 429.10 points to finish the November 22-26 trading week at 21,125.90 points. The S&P/TSX Global Mining Index was down 0.76% or 0.76 points…
Rio Tinto grabs 51% stake in Janice Lake copper-silver project in Saskatchewan
Rio Tinto Exploration Canada (RTEC) is set to become the majority owner of Forum Energy Metals’ (TSX-V: FMC) Janice Lake copper-silver project in Saskatchewan, Canada, the Vancouver-based company said on…
Sandstorm Gold reports Hod Maden feasibility results, showing US$1.05BNPV
Sandstorm Gold (TSX: SSL; NYSE: SAND) has provided a summary of results for a feasibility study on the Hod Maden project in Turkey, in which the company holds a 30%…
South32 locks 45% stake in Sierra Gorda copper mine
South32 (LSE: S32; ASX: S32; JSE: S32) says it will proceed with the acquisition of a 45% stake in the Sierra Gorda copper mine in Chile, as project partner KGHM…
Exploration Projects to Watch Snapshot: Eight companies on the lookout for new deposits
Mining companies are scouring the globe to find new deposits and future mines. Here’s a list of eight companies hunting for base and precious metals around the world. AURION RESOURCES…
New World Resources reports first resource for Antler project in Arizona
Australia’s New World Resources (ASX: NWC) has wasted little time since signing an option agreement in January 2020 to earn 100% of the Antler copper project in northwestern Arizona. The…
Rio Tinto CEO, Mongolian PM talk Oyu Tolgoi’s future
Rio Tinto (ASX, LON, NYSE: RIO) CEO Jakob Stausholm met this week with Mongolia’s Prime Minister Luvsannamsrain Oyun-Erdene in the hope of ironing out issues threatening the future of the…
SolGold delays prefeasibility study for Cascabel again
SolGold (TSX: SOLG; LSE: SOLG) announced it will delay the release of the prefeasibility study for its flagship Cascabel copper-gold project in Ecuador. The mining company said the delay will…
EPA issues draft Florence underground injection control permit decision
The US Environmental Protection Agency (EPA) has issued a draft decision on the underground injection control (UIC) permit required for Taseko Mines Limited (TSX: TKO; NYSE MKT: TGB; LSE: TKO)…