Ivanhoe to start copper exploration in Angola
Ivanhoe Mines (TSX: IVN), founded by billionaire Robert Friedland, plans to begin exploring Angola early next year for copper after securing rights over an area the size of Switzerland. The…
Copper
The missing link toward net zero? The power grid
Electric guzzling EV’s, trucks, trains and buses will soon move billions of people and cargo around this planet each day. So, what’s the best strategy to play this multi-decade investment…
NGEx Minerals expands Lunahuasi drill program
Lundin Group copper and gold explorer NGEx Minerals (TSXV: NGEX) said Friday it has restarted and increased the drill rig count at the Lunahuasi project in Argentina to four following…
Panama court to rule on First Quantum mine’s fate
Panama’s Supreme Court began deliberations on Friday to decide the future of First Quantum Minerals’ (TSX: FM) giant Cobre Panama copper operation, the Central American country’s only mine. The top…
Vale expands production capacity at Salobo copper mine
Brazil-based mining giant Vale (NYSE: VALE) has announced that its Salobo mine has reached a capacity of 32 million tonnes per year after completing a successful throughput test for the…
Global exploration snapshot: Eight projects to watch
From Alaska to South America, junior exploration companies are hunting for base metals, uranium and precious metals to power our future. Here’s an overview of eight companies advancing promising projects….
Adventus buys Beaty-backed Luminex for Ecuador focus
Canadian junior Adventus Mining (TSX-V: ADZN; US-OTC: ADVZF) is acquiring cohort Luminex Resources (TSX-V: LR; US-OTC: LUMIF) in an all-stock deal to focus on copper and gold development in Ecuador….
Codelco to spend US$720M on Chuquicamata copper mine overhaul
Chile’s Codelco, the world’s top copper producer, plans to invest an additional US$720 million ($985.6 million) revamping its century-old Chuquicamata copper mine, in an effort to stop the company’s overall…
First Quantum to halt Panama mine this week if blockade goes on
First Quantum Minerals (TSX: FM) warned on Monday it would have to suspend operations at its controversial Cobre Panama copper mine, if an ongoing port blockade continues to impede the…
Leonardo DiCaprio backs Panama protests against First Quantum mine
Hollywood actor Leonardo DiCaprio has joined the demands of Panamanian activists asking for the shutdown of First Quantum Mineral’s Cobre Panamá copper mine.
Vale’s Indonesia equity sale paves the way for billions in investment
A Canadian unit of Vale Base Metals, Vale’s (NYSE: VALE) copper and nickel spinoff, has agreed to sell a 14% stake in Vale Indonesia (PT Vale) to align with Indonesian…
IGO stands by incoming CEO after Rio Tinto sacks him
Australia’s lithium and nickel producer IGO (ASX: IGO) is standing by its incoming chief executive officer, Ivan Vella, after Rio Tinto (ASX:RIO) sacked on Wednesday its former aluminum boss for…