TSX gains 2% in year’s first trading week
Markets got off to a good start in 2023 with the S&P/TSX Composite Index rising 429.59 points or 2.2% to finish the holiday shortened Jan. 3-6 trading week at 19,814.51….
Copper
BC, Yukon and NWT snapshot: Eight companies to watch
Northwestern Canada is a vast hub for mineral exploration and mining. Here’s a glimpse of eight companies exploring for precious and base metals in British Columbia, Yukon and the Northwest…
Anglo Asian Mining invests again in Libero Copper
Gold, copper and silver producer Anglo Asian Mining (LSE: AAZ), has made a third investment in Canada’s Libero Copper & Gold (TSXV: LBC), which focuses on finding copper assets in…
Copper Mountain reopens mine after ransomware attack
Copper Mountain Mining (TSX: CMMC; ASX: C6C) said it reopened its mine in southern British Columbia this week following a Dec. 27 ransomware attack that left deliveries unaffected. The Vancouver-based…
The View from England: When copper production was dominated by the Welsh
The U.K. no longer springs to mind as a mining giant, but we used to have a dominant role in the global industry. The extraction of non-ferrous metals on these…
Roundup Preview: BC mining and exploration off to a strong start after tumultuous 2022
With high interest rates, high inflation and reduced access to finance, 2022 was a challenging year for the mineral exploration sector. But unofficial financial numbers point to a solid start…
Nexa Resources halts Peru zinc mine amid blockade
Latin America-focused Nexa Resources (NYSE: NEXA) has suspended production at its Atacocha San Gerardo open pit zinc mine in Peru after a road blockade was erected on Dec. 27 by a local Machcan community….
Battery metal binge outweighs cost hikes at PolyMet copper-nickel project in Minnesota
Surging demand for battery metals is offsetting increased costs to build PolyMet Mining’s (TSX: POM) copper-nickel project in northeastern Minnesota, according to new estimates. Developing the first phase of the…
Global Battery Metals pivots to Utah and Ireland after dud Michigan drilling
Global Battery Metals (TSXV: GBML) says it will stop exploring for nickel, copper and platinum group metals at its Sawyer camp in northern Michigan and instead focus on lithium projects…
Copper Mountain shuts B.C. mine after ransomware attack
Copper Mountain Mining (TSX: CMMC; ASX: C6C) has shut its mine in southern British Columbia as it works with authorities to repel a ransomware attack.The shutdown is a preventative measure as Copper…
Osisko adds copper stream in Metals Acquisition’s billion-dollar Aussie deal
Osisko Gold Royalties (TSX: OR; NYSE: OR) is offering Metals Acquisition (NYSE: MTAL.U) US$75 million in funding to help it purchase the CSA copper mine in Australia from Glencore (LSE:…
First Quantum and Panama restart Cobre Panama talks with early Jan. deadline
First Quantum Minerals (TSX: FM) says production is continuing normally at its giant copper mine in Panama after the head of the Canadian miner flew down to restart talks with the…