McEwen Copper commits to PFS for Los Azules
The McEwen Copper division, 81% owned by McEwen Mining (TSX: MUX; NYSE: MUX), is advancing its Los Azules copper project in the San Juan province of Argentina to the pre-feasibility stage….
Copper
Mundoro partners with Vale to explore for copper in US
Mundoro Capital (TSXV: MUN; US-OTC: MUNMF) has inked a two-year generative alliance with Vale’s (NYSE: VALE) Canadian subsidiary to explore for copper projects in Arizona and New Mexico in the United States. The two companies also signed an agreement to explore an undisclosed copper…
Generation Mining clinches $240M stream with Wheaton for Marathon construction
Two weeks after it announced it would be upping its interest in the Marathon palladium-copper project in northern Ontario to 100%, Generation Mining (TSX: GENM) has landed a $240 million streaming deal…
Ivanhoe’s Kamoa exceeds annual copper guidance
Ivanhoe Mines (TSX: IVN; US-OTC: IVAPF) announced today that its Kamoa-Kakula joint venture in the Democratic Republic of the Congo has exceeded the upper end of its annual copper production…
Newcrest moves to boost stake in Havieron gold-copper project
Australia’s largest gold producer, Newcrest Mining (ASX: NCM), is moving to increase its stake in the Havieron gold-copper project that it is developing with Greatland Gold (AIM:GGP) in the Paterson…
Noront picks Wyloo’s latest offer, gives BHP five days to match
Noront Resources (TSXV: NOT) said today it has chosen to go with the latest bid put forward by Australian billionaire Andrew Forrest’s Wyloo Metals, but has given BHP (NYSE: BHP;…
Lundin Mining to acquire Josemaria Resources for $625 million
Lundin Mining (TSX: LUN) is acquiring Josemaria Resources (TSX: JOSE) for about $625 million for its namesake copper-gold project in San Juan, Argentina. The Canadian miner is acquiring the company for $1.60 a…
Chilean miners ask leftist president-elect to foster country’s industry
A leftist millennial who rose to prominence during anti-government protests in 2019 was elected as Chile’s next president on December 19, following a bruising campaign against a free-market and anti-immigrants…
Future of Canada’s off-grid mines crucial to decarbonization, says MAC’s Brendan Marshall
Brendan Marshall is a Vice President, Economic and Northern Affairs, at the Mining Association of Canada (MAC) and works to advance the industry’s understanding of energy, climate change, taxation and…
MMG shuts down Las Bambas copper mine as talks fail
Chinese miner MMG (HKG: 1208) is ending copper production from its Las Bambas mine in Peru on December 18 after talks with locals to end a 27-day road blockade, the latest…
Falco raises $17M for Horne 5 engineering, studies
Falco Resources (TSXV: FPC) has completed the last tranche of its $17.3 million private placement to continue engineering, technical and environmental studies related to its 100%-owned Horne 5 gold-copper-zinc project….
IGO to buy Western Areas for A$1.1B amid soaring nickel demand
Australian nickel and lithium miner IGO (ASX: IGO) is buying rival Western Areas (ASX: WSA) in an all-cash deal valued at A$1.1 billion (about US$793 million), marking what could be…