Rio Tinto hit with fresh tax bill in Australia
Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) has been hit with a A$379 million (US$277.7 million) bill as part of an ongoing dispute with the Australian Taxation Office (ATO) dating…
Copper
Talon Metals hits record nickel, copper grades at Tamarack
One drill hole intersected nickel-copper mineralization grading 7.97% Ni and 11.25% Cu.
Chile lowers copper price estimate for 2021 on lower demand, US stimulus
Chile’s copper commission Cochilco has revised down its average copper price forecast for the year to US$4.20 per lb. from a previous estimate of US$4.30 per lb. on the back of slowing…
Taranis Resources’ B.C. bulk permitting tussle a provincial exploration industry boon
The recent receipt of an Environmental Management Act (EMA) permit allowing explorer Taranis Resources (TSXV: TRO; US-OTC: TNREF) to undertake a bulk sample at its Thor polymetallic project in British…
Prairie Snapshot: Eight companies with potential in the heart of Canada
The Canadian Prairies may soon be known as much for their diverse mineral wealth including uranium, nickel, copper and zinc, as for their potash endowment and rolling hectares of grain….
Robust metals price outlook softens in 2022 – reports
The global metals and mining industry outlook has changed from ‘positive’ to ‘stable’ with a new Moody’s Investors Service report finding that despite most metals prices exceeding historical marks, that…
‘Here we go again,’ reacts Northern Dynasty’s Thiessen on EPA permitting decision
“Here we go again,” said Northern Dynasty Minerals (TSX: NDM; NYSE: NAK) president and CEO Ron Thiessen in reaction to the news last week that the Biden administration will reconsider…
JV Article: Magna Mining aiming to capitalize on a once in a generation nickel cycle
Nickel sulphide deposits are currently the most reliable source for the Class 1 nickel products required to produce battery-grade nickel. As the demand for battery-grade nickel steadily climbs with each…
Callinex Mines reports new drill results at its copper property in Manitoba
Callinex Mines (TSXV: CNX; US-OTC: CCLXF) has reported new results from its drill campaign at the company’s Rainbow deposit in northern Manitoba, including wide intersections of high-grade copper. The company…
Lundin Mining CEO to leave the post by year’s end
Canada’s Lundin Mining (TSX: LUN) has announced that Marie Inkster, the company’s chief executive officer in the last three years, is stepping down by the end of the year because of “personal reasons.” The Toronto-based miner,…
BHP inks exploration deal with Gates and Bezos-backed Kobold Metals
BHP (NYSE: BHP; LSE: BHP; ASX: BHP) has struck a deal to use artificial intelligence tools developed by KoBold Metals, a start-up backed by a coalition of billionaires including Bill…
Noront receives official Wyloo offer, trumping BHP bid
Noront Resources (TSXV: NOT) has finally received a formal offer from Wyloo Metals – more than three months after Wyloo first floated a proposal to acquire the Ring of Fire junior in late…