Anglo, Codelco strike $5B copper deal
Anglo American (LSE: AAL) and Chile’s state-owned Codelco have signed an agreement to jointly develop their neighbouring Los Bronces and Andina operations, a move that will see the partners produce…
Copper
Juniors shine on TSXV 50 ranking
A handful of Canadian juniors have rocketed to the top of the TSX Venture Exchange’s 50 highest-performing emerging companies last year, according to data from parent company TMX. Power Nickel…
Century-old 1B-lb copper project sells for $26M to mystery buyer
World Copper (TSXV: WCU; US-OTC: WCUFF) is divesting its interest in the Zonia copper oxide project to an unnamed arm’s-length party for $26 million. The project’s new owner is a…
Northisle PEA doubles value of BC copper-gold project
Northisle Copper and Gold (TSXV: NCX) has issued a new preliminary economic assessment (PEA) for its North Island project that almost doubles the net present value, raises the internal rate…
Glencore weighs ditching London as primary listing
Glencore (LSE: GLEN) is considering shifting its primary listing from London, likely to New York, or another venue where it can “get the right valuation” in a potential blow to…
TMC shares surge on high-grade alloy production
The Metals Company (Nasdaq: TMC) shares jumped 27% on Wednesday after it announced the successful production of high-grade nickel-copper-cobalt alloy and manganese silicate during a smelting campaign in Japan. The…
Anglo sells Brazil assets for $500M, targets June to demerge Amplats
Anglo American (LSE: AAL) has set a June deadline to demerge its platinum business and has agreed to sell its nickel unit for $500 million (C$709.7 million) as the company’s effort…
Giustra among backers investing $57M in explorer
Several investors led by mining entrepreneur Frank Giustra and his Fiore Group are putting $36 million into Botswana-focused Premium Resources (TSXV: PREM; US-OTC: PRMLF) while another is retiring the nickel-copper-cobalt…
Spotlight: Energy transition metals shine
Investments in clean energy and artificial intelligence infrastructure are driving demand for critical minerals — from silver for solar panels to copper for wiring to nickel and lithium for batteries….
Ex-Glencore, Lundin execs launch Moranda Metals
The Vancouver, Canada-based private mining shell company seeks to tap into an estimated $15 billion in capital.
Jubilee begins processing high-grade copper in Zambia
Jubilee Metals Group (LSE: JLP) said on Friday it has begun processing high-grade copper feed material at its Roan concentrator facility in Zambia. The plant had been processing low-grade waste…
Power Nickel raises $40M for Quebec project
Power Nickel (TSX-V: PNPN) has stated the pricing of its private placement to raise about $40 million (US$28 million) for exploration at its Nisk nickel-copper-platinum group metals project in Quebec. The…