BHP scraps US$2.5B Olympic Dam expansion plan
Mining giant BHP (NYSE: BHP; LSE: BHP) has shelved a planned US$2.5 billion expansion of its Olympic Dam copper, gold and uranium mine in South Australia, after studies of the…
Copper
Copper snapshot: Eight companies with promising assets
With rising prices, a favourable supply-demand outlook and few new mines in development, investors are paying close attention to copper. Here are eight companies developing the next generation of projects….
Lundin Mining to halt Candelaria after union talks fail
Lundin Mining (TSX: LUN) will suspend operations at its Candelaria copper mine in Chile after failing to reach a deal with a second union, representing about 550 workers, which will…
TSX Venture falls, Oct. 12-16
The S&P/TSX Venture Composite Index fell 0.95%, or 6.94 points, to finish the Oct. 12-16 trading week at 725.31. Spot gold dropped US$30.90 per oz., or 1.60%, to US$1,899.70 per…
HighGold drills Johnson Tract polymetallic project in Alaska
HighGold Mining (TSXV: HIGH; US-OTC: HGGOF) has reported additional drill results from its 15,000-metre drill program on its flagship Johnson Tract polymetallic project in southcentral Alaska, 15km west of Tuxedni Bay…
Newcrest starts trading in Canada
Shares in Newcrest Mining (TSX: NCM; ASX: NCM) were up almost 2% in pre-market trading in Canada, as the miner, Australia’s largest gold producer, began trading on the Toronto Stock…
Commentary: Despite price rise, copper at historic low against gold
According to the popular adage, copper has a doctorate in economics, with an ability to predict turning points in the global economy. This proverb stems from the metal’s use in…
Chakana Copper drills Soledad project in Peru
Chakana Copper (TSXV: PERU; US-OTC: CHKKF) has launched a fully-funded, 15,000-metre drill program at its Soledad copper-gold-silver project in Peru, with a target date of March 2021 to release its…
EnGold takes new approach at Lac La Hache in B.C.
EnGold Mines’ (TSXV: EGM) wholly-owned Lac La Hache copper-gold-silver project in British Columbia’s southern Cariboo region has a history dating back several decades. The property, 14 km northeast of Lac…
Sumitomo to sell stake in Sierra Gorda copper mine
Japanese miner and smelter Sumitomo Metal Mining is reviewing its strategic options regarding its minority stake in the Sierra Gorda copper mine in northern Chile, majority owned by Polish miner…
Gold rally lifts top 50 mining stocks above US$1T for first time
MINING.COM’s ranking of the world’s 50 largest mining companies based on market value shows an industry recovering from its Covid-19 slump and moving into positive territory for the fourth quarter…
TSX up, Sept. 28-Oct. 2
The S&P/TSX Composite Index rose 0.83% to 16,199.25 during the Sept. 28-Oct. 2 trading week. The S&P/TSX Global Mining Index increased 0.14% to 96.25, and the S&P/TSX Global Base Metals…