JV article: Troilus Gold nears construction decision
After leading the development and sale of a gold project in Peru in 2014 for about $270 million (C$300 million), Justin Reid was looking for a new opportunity. He found…
Copper
Freeport keeps Grasberg shut amid rescue operations
Freeport McMoRan (NYSE: FCX) said operations at its giant Grasberg mine in Indonesia remain suspended as the company continued efforts to rescue seven workers trapped underground earlier this week. The…
JV video: OceanaGold preps NYSE listing, mine growth
As gold prices touch record highs, Vancouver-based OceanaGold (TSX: OGC; US-OTC: OCANF) is advancing further into the United States market with a New York Stock Exchange listing next year and…
Foran secures $70M in Sask. tax credits
Foran Mining (TSX: FOM; US-OTC: FMCXF) says it has secured up to $70 million (US$51 million) in Saskatchewan provincial tax credits to support the development of its McIlvenna Bay project…
Anglo-Teck deal seen spurring rival bids: analysts
Anglo American’s (LSE: AAL) proposed acquisition of Teck Resources (TSX: TECK.A TECK.B, NYSE: TECK) could end up putting both companies in play as rival miners scramble to find large-scale copper assets,…
AI demand seen pushing copper price longer term
The copper price faces short-term headwinds from trade wars and weakening United States consumption, but longer-term demand from artificial intelligence and grid electrification is set to overwhelm supply, Red Cloud…
Panama to discuss First Quantum copper mine restart
Panama may open talks early next year with First Quantum Minerals (TSX: FM) on the possible restart of its shuttered Cobre Panamá copper mine. Commerce Minister Julio Moltó told local…
Infographic: Why most US copper is from the Southwest
Copper mining in the four southwestern states of Arizona, Nevada, New Mexico and Utah produces almost all of the United States’ red metal output. In 2024, almost two-thirds of the total…
Anglo, Teck strike $50B merger in decade’s top deal
Anglo American (LSE: AAL) is acquiring Teck Resources (TSX: TECK.A TECK.B, NYSE: TECK), Canada’s largest diversified miner, in a $50-billion (C$69-billion) all-share deal that would create the world’s fifth-largest copper…
Beaver Creek: Policy is the new geology, panel hears
Beaver Creek, Colo. – The single biggest driver of returns now isn’t what’s in the rock, it’s what’s on the books, a panel heard on Tuesday at the Precious Metals…
Site visit: Gunnison taps Nuton tech as America’s newest copper producer
COCHISE COUNTY, ARIZ. — Gunnison Copper’s (TSX: GCU; US-OTC: GCUMF) namesake deposit and Johnson Camp Mine sit at two intersections, literal and metaphorical. Nestled among rocky, rolling hills dotted with…
Beaver Creek: Gold, $50B copper deal bring reset
Beaver Creek, Colo. – Gold’s fresh record above $3,660 per oz. flashed along with the $50-billion (C$69-billion) Anglo American (LSE: AAL)–Teck Resources (TSX: TECK.A TECK.B, NYSE: TECK) merger announcement Tuesday…