JV Article: Nine Mile Metals uses new tech to see deeper
Using new technology to see deep into the Earth, Nine Mile Metals (CSE: NINE) is hoping to unlock the secrets of New Brunswick’s prolific Bathurst Mining Camp. Most times when…
Copper
Norway lawmakers back deep-sea mining in Arctic Ocean
Norway has secured a parliamentary majority to act on plans to open the Arctic Ocean to seabed mineral exploration, despite environmental groups and the fishing industry’s warnings that the move…
Fortune Minerals stock gains on government funds for NICO
Fortune Minerals (TSX: FT; US-OTC: FTMDF) shares soared on Tuesday after the Canadian miner announced government funding of up to $887,170 to help advance its longstanding NICO cobalt-gold-bismuth-copper project in…
Hudbay’s plan to boost Copper Mountain output comes at a cost
Hudbay Minerals (TSX: HBM; NYSE: HBM) on Tuesday tabled a new mine plan for its Copper Mountain acquisition in southern British Columbia, outlining a planned 90% production hike at half…
Crude Anglo American email highlights cyber-hack threat
Subscribers to global miner Anglo American’s (LSE: AAL) email newsletter service might have received an eyebrow-raising message from the company on Monday telling them to “GO F**K YOURSELF.” The company’s…
Ivanhoe Electric to acquire remaining interest in Peru-focused Kaizen Discovery
Ivanhoe Electric (TSX: IE) has inked a definitive deal to acquire the remaining common shares of Peru-focused mineral explorer Kaizen Discovery (TSXV: KZD) that it does not already own, equivalent…
First Quantum to fast-track Zambia project after Panama blow
Canada’s First Quantum Minerals (TSX: FM) has signed a deal with Zambia’s Mimosa Resources to fast-track development of their Fishtie copper project in the south-central African country, near the border with the…
Jack Lundin assumes the top job at Lundin Mining
Lundin Mining (TSX: LUN) announced that former president Jack Lundin has officially assumed the role of CEO and will join the board of the Canadian miner on Jan. 1. The company announced in…
2023’s key theme? Narrowed access to resources — whether mineral or cash
It’s December — time for our year in review. This year was notable for takeovers. Newmont paid US$21.2 billion for copper-rich gold miner Newcrest Mining; Glencore negotiated a US$8.9-billion deal…
Vale Base Metals in search of new CEO
Vale Base Metals says that Deshnee Naidoo will step down from her position as CEO at the end of March. The $26-billion copper and nickel unit was created in July…
First Quantum takes Panama to international court
It is also suspending its 2023 production guidance for Cobre Panama mine, which accounts for about 1.5% of the world’s copper production.
Q&A: Why the world could be headed towards a ‘minerals famine’
A waiting ‘minerals famine’ and supply chain issues may endanger environmental and technological progress, warns Peter Bryant, chair at Clareo, a strategy consulting firm. A 30-year industry veteran, Bryant says the…