First Cobalt resumes drilling at Iron Creek
First Cobalt (TSXV: FCC; US-OTC: FTSSF) said today that it has begun drilling at its Iron Creek cobalt-copper project in Idaho, seeking to double production as higher demand for electric…
Copper
Sandfire to buy giant Spanish copper complex for US$1.9B
Australian mid-cap miner Sandfire Resources (ASX: MTR) is buying the Minas De Aguas Teñidas (MATSA) mining complex in Spain for about US$1.9 billion, as it seeks to become a large copper-focused producer. The company went into a trading…
Analysts raise target prices on Teck after investor day
Analysts at CIBC, Canaccord Genuity, Raymond James and BMO Capital Markets raised their target prices on Teck Resources (TSX: TECK.A/B; NYSE: TECK) following the diversified miner’s September 21 Investor Day,…
QC Copper says planned Opemiska pit contains over 1B lb. copper, 815K oz. gold
QC Copper and Gold (TSXV: QCCU; US-OTC: QCCUF) has released a pit-constrained resource estimate for the Opemiska copper project that contains almost 1.2 billion lb. of copper and 815,600 oz….
Copper Fox PEA for Schaft Creek porphyry puts development cost at US$2.7B
Copper Fox Metals (TSXV: CUU; US-OTC: CPFXF) has released an updated preliminary economic assessment for the Schaft Creek copper-molybdenum-gold-silver deposits in northwestern British Columbia. Compared with a previous 2013 PEA,…
TSX Venture declines, Sept. 13-17
The S&P/TSX Venture Composite Index fell 16.52 points points or 1.83% to finish the September 13-17 trading week at 886.83. Spot gold fell US$33.00 per oz. or 1.85% to US$1,753.80…
Rio Tinto hit with fresh tax bill in Australia
Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) has been hit with a A$379 million (US$277.7 million) bill as part of an ongoing dispute with the Australian Taxation Office (ATO) dating…
Talon Metals hits record nickel, copper grades at Tamarack
One drill hole intersected nickel-copper mineralization grading 7.97% Ni and 11.25% Cu.
Chile lowers copper price estimate for 2021 on lower demand, US stimulus
Chile’s copper commission Cochilco has revised down its average copper price forecast for the year to US$4.20 per lb. from a previous estimate of US$4.30 per lb. on the back of slowing…
Taranis Resources’ B.C. bulk permitting tussle a provincial exploration industry boon
The recent receipt of an Environmental Management Act (EMA) permit allowing explorer Taranis Resources (TSXV: TRO; US-OTC: TNREF) to undertake a bulk sample at its Thor polymetallic project in British…
Prairie Snapshot: Eight companies with potential in the heart of Canada
The Canadian Prairies may soon be known as much for their diverse mineral wealth including uranium, nickel, copper and zinc, as for their potash endowment and rolling hectares of grain….
Robust metals price outlook softens in 2022 – reports
The global metals and mining industry outlook has changed from ‘positive’ to ‘stable’ with a new Moody’s Investors Service report finding that despite most metals prices exceeding historical marks, that…