Coronavirus hits Peru’s mining sector
Mining companies operating in Peru are being forced to keep operations suspended and halt new ones as confirmed coronavirus cases in the country jumped past 300,000 on Sunday, with several…
Copper
KoBold Metals employs big data, geoscientists in pursuit of battery metals
KoBold Metals is investing in battery metal projects using big data and scientific computing with capital from billionaires including Bill Gates and Jeff Bezos. The privately held California-based company has…
Kincora Copper hits mineralization at Trundle in Australia
Kincora Copper (TSXV: KCC) has reported assay results from the first drill hole at its Trundle copper-gold project in Australia. Drill hole TRDD001 intersected several intervals of gold and copper mineralization from skarn…
Arizona Metals hits massive sulphide at Kay mine
Drilling has intersected massive sulphide mineralization at the South zone of Arizona Metals’ (TSXV: AMC) Kay mine property, 69 km north of Phoenix and adjacent to Black Canyon City in…
Rio Tinto shifts responsibility for coal power plant at Oyu Tolgoi
Rio Tinto (NYSE: RIO; LSE: RIO) has reached an agreement with Mongolia regarding the construction of a power plant to supply the giant Oyu Tolgoi copper and gold mine, located…
Codelco shuts Chuquicamata operation over coronavirus fears
Chile’s Codelco, the world’s No. 1 copper producer, has closed its Chuquicamata smelter and refinery to prevent a further spread of Covid-19 among its staff, following the death of a…
GoldMining creates royalty subsidiary
GoldMining (TSX: GOLD; US-OTC: GLDLF) has created a wholly owned royalty company – Gold Royalty – with a portfolio of 14 newly created royalties on GoldMining’s gold assets in the…
Top 10 Canadian-headquartered base metal and uranium explorers
The Northern Miner has compiled a list of the top-10, Canadian headquartered base metal and uranium juniors – with no production and which are not a royalty or streaming company….
Plan needed to protect deep-sea life from mining: report
Mining the seafloor opens a vast source of key metals needed for clean energy, but should not start until a full evaluation of likely environmental impacts can be made, a…
Rio Tinto to drill Janice Lake copper-silver project in Saskatchewan
Rio Tinto (NYSE: RIO; LSE: RIO) has started exploration at Forum Energy Metals’ (TSXV: FMC) Janice Lake sedimentary copper-silver project in northern Saskatchewan. The major is earning up to an…
Haywood Securities raises price forecasts for copper, nickel
In a new research note entitled, Making a Comeback, Haywood Securities’ Pierre Vaillancourt has adjusted his price outlook for copper and nickel “to reflect the improving economic conditions,” although the…
Apollo Gold to acquire First Majestic properties
Apollo Gold (TSXV: APGO) has signed a letter of intent to acquire a group of properties in Jalisco state, Mexico, from First Majestic Silver (TSX: FR; NYSE: AG). The deal…