Opinion: The US reclaims its exploration roots
No doubt we are sitting within a phase of geopolitical spotlighting on minerals that involves Donald Trump, China, tariffs, ending the war in Ukraine, Greenland and Russia. This is the…
Copper
U.S. export bank signals $200M for Pumpkin Hollow
Letter of interest outlines $180m in potential funding to complete the fully financed restart of the underground copper mine in Nevada, and $20 million to advance technical work.
Canadian federal budget promises billions for mining
Canada’s Liberal government plans to form a $2-billion sovereign fund for critical minerals, earmark hundreds of millions in mining industry spending and widen exploration tax credits to a dozen other…
Codelco grows copper output despite mine collapse
Chile’s state-owned copper giant Codelco, the world’s largest producer of the metal, expects 2025 and 2026 production to slightly surpass last year’s output, signalling resilience in the face of a…
Freeport expands BC’s AuRORA with near-surface grades
Freeport-McMoRan (NYSE: FCX) has extended the AuRORA copper-gold-silver discovery made by partner Amarc Resources (TSXV: AHR; OTCQB: AXREF) in British Columbia. A batch of long, near-surface intercepts released on Monday…
Glencore, Quebec refute smelter shutdown report
Glencore (LSE: GLEN) and Quebec have denied a Reuters report that the company was planning to shut down its Horne smelter in the province — Canada’s largest copper-metal producing plant…
Teck’s QB upturn bodes well for $53B Anglo merger
Teck Resources (TSX: TECK.A, TECK.B; NYSE: TECK) said on Monday its Quebrada Blanca (QB) mine in Chile is showing signs of recovery, following months of underperformance that raised questions about…
Anglo Asian inks copper contract with Trafigura
Anglo Asian Mining (LSE: AAZ) has contracted to sell concentrates produced at its newly started Demirli copper mine to global commodities trader Trafigura. The sales contract includes a revolving prepayment…
Aldebaran’s Altar copper project may generate $11B
Aldebaran Resources (TSXV: ALDE; US-OTC: ADBRF) says a preliminary economic assessment (PEA) for its Altar copper-gold project in Argentina establishes “robust” economics and sets the stage for new studies in…
Ivanhoe profit shrinks on copper mine disruption
Shares in Ivanhoe Mines (TSX: IVN; US-OTC: IVPAF) fell on Thursday after disruptions at its flagship copper mine knocked third-quarter results. For the three months to Sept. 30, the Vancouver-based…
Agnico’s $130M Avenir to probe beyond gold
Canada’s Agnico Eagle Mines (TSX, NYSE:AEM) has launched a new subsidiary, Avenir Minerals, to manage and advance nearly $80 million in early-stage critical minerals investments. The Toronto-based gold miner plans…
First Quantum reports Panama progress amid audit
Miner advances preservation program, power plant restart and looks forward to talks on a long-term agreement.