BHP, Lundin grab Filo in US$3B South American copper deal
Mining giant BHP (NYSE: BHP; LSE: BHP; ASX: BHP) and Canada’s Lundin Mining (TSX: LUN) have teamed up to acquire South America-focused Filo Corp. (TSX: FIL), in a US$3-billion ($4.1…
Copper
Video: Mining faces cash crunch following decades of neglect, Grosskopf says
Undervaluation remains a persistent issue for mining companies, particularly juniors, compared to other sectors like technology and biotech, SCP Resource Finance chairman Peter Grosskopf said in an interview this month….
Eldorado inks deal to earn 80% of Newfoundland project
Eldorado Gold (TSX: ELD; NYSE: EGO) has inked an option deal with TRU Precious Metals (TSX: TRU) to acquire a major stake in the junior’s Golden Rose gold-copper project, in…
Video: ‘Big bang’ in commodity demand set to lift miners, Prins says
Global miners are set to benefit from rising needs for “real assets,” Nomi Prins, a macroeconomist and author of the newsletter PrInsights Global, says in a new interview. Global geopolitical…
BHP’s Spence copper mine in Chile now fully autonomous
BHP’s (NYSE: BHP; LSE: BHP; ASX: BHP) Spence copper mine in Chile has celebrated three months of being the company’s first fully autonomous operation, a status reached in April after…
Adventus wins permit challenge, but Silvercorp deal still in jeopardy
Copper-gold developer Adventus Mining (TSXV: ADZN) got a boost on Thursday after an Ecuador court knocked back a lawsuit challenging a key permit for the company’s flagship El Domo-Curipamba project….
Anglo American takes US$1.6B writedown on UK mine
Anglo American (LSE: AAL) swung to a loss in the first half of the year after taking a fresh US$1.6 billion writedown on its Woodsmith fertilizer project in the U.K.,…
Deep sea miner TMC plans to be ready to apply for licence
Canada’s The Metals Company (NASDAQ: TMC) plans to be ready to apply for a licence to start mining the seabed before the end of this year, with production expected to…
Video: Luca Mining targets low-risk growth in Mexico
Luca Mining (TSXV: LUCA; US-OTC: LUCMF) is set for a transformative year in Mexico as its Campo Morado polymetallic mine is set to double production by year-end, chief owner Javier…
Zambian copper goals face challenges despite billions pouring in
Zambia wants to increase copper output to 1 million tonnes by 2027 as billions of dollars in investments flow to the African country and the regional mining belt it’s part…
The Metals Company faces complaint to SEC over deep sea mining plans
The Metals Company (NASDAQ: TMC) is under fire from three civil society groups for its deep sea mining project in the Clarion Clipperton zone of the Pacific Ocean between Mexico…
Lifezone produces metal from Kabanga samples in successful ‘Hydromet’ test
Lifezone Metals (NYSE: LZM) has produced nickel, copper and cobalt cathode materials from concentrates derived from borehole core samples at the company’s Kabanga project in northwest Tanzania. This milestone marks…