Deep-sea mining may affect thousands of new species found in hotspot
Scientists have identified more than 5,500 entirely new species in the CCZ of the Pacific Ocean, an area targeted by deep sea miners.
Copper
Pending approval of First Quantum deal with Panama haunts miner
Analysts say First Quantum’s credit ratings will improve once the agreement over Cobre panama copper mine is formalized.
Sandfire Resources produces first copper at new Botswana mine
Sandfire Resources (ASX: SFR) announced on Thursday first copper concentrate production at its Motheo mine in Botswana, which has become the second producing mine in the Kalahari Copper Belt. Commissioning…
Copper loses battle in fight for critical mineral status in the US
The U.S. Geological Survey (USGS) has told congressmen and senators that copper has not reached the status of critical minerals needed to be added to the official list of commodities…
TSX drops during May 15-19 trading week
Stocks ended the May 15-19 trading period with a modest drop as investors considered drawn-out negotiations about the U.S. government’s debt ceiling while Canadian and U.S. April retail sales landed…
Ecuador, Colombia and Peru Snapshot: Eight companies pursuing copper, gold and more
While geopolitical risk in South America is growing, Ecuador, Colombia and Peru remain mineral-rich hot spots with excellent potential for new discoveries. Here are eight junior companies searching for tomorrow’s…
Vale said to decide on base metals sale worth billions next week: Brazilian paper
Vale (NYSE: VALE), the world’s largest nickel producer, is said to be deciding next week on the sale of a minority stake of its base metals business to automakers, pension…
Hudbay holds firm on Peru, even as focus turns to North America
Hudbay Minerals (TSX: HBM; NYSE: HBM) says it wants to maintain its long-term exposure to politically volatile Peru as its short-term focus turns, for the time being, to completing an…
Marimaca Copper’s resource revamp lobs it into the ‘globally significant’ arena, says CEO
Marimaca Copper (TSX: MARI) has reported a 44% lift in measured and indicated resources at its Marimaca Oxide Deposit (MOD) in Chile that will underpin an expanded operation in an…
TNM Symposiums return with industry leaders’ insights on geopolitical shifts in mining
TNM Symposiums are back in North America for the first time since before the pandemic, and they couldn’t come at a better time for investors. Geopolitics are now shaping…
Metallic Minerals nets $6.3M investment from Newcrest for La Plata
Australia’s Newcrest Mining (TSX: NCM; ASX: NCM) has invested $6.3 million in Metallic Minerals (TSXV: MMG) for a 9.5% equity stake in the company. The proceeds will help advance Metallic Minerals’…
Pembridge Resources in trading halt as it seeks liquidation
The trading of Pembridge Resources’ shares (LSE: PERE) came to a halt on Thursday after the embattled miner said the board had decided to place the firm into creditors’ voluntary…