Commentary: The state of metals markets in 2020
The metals markets promise to be full of fascinating developments and unexpected twists in 2020. Mining equities will not be excluded from the drama. This partly reflects the reality that…
Copper
Excelsior optimizes Gunnison ahead of first copper in Q2
Excelsior Mining (TSX: MIN) announced in early February that it is fast-tracking a production optimization program, based on data collected at its Gunnison in-situ recovery copper mine in Arizona. “These…
US Snapshot: Eight companies active across the nation
The U.S. is host to a number of enviable mining jurisdictions, both in terms of geological endowment and investment attractiveness. Nevada is perhaps most well-known, with Alaska a close runner-up….
BHP becomes world’s top copper producer
BHP Group (NYSE: BHP; LSE BHP) has become the world’s largest copper miner based on production, after Chile’s copper commission announced a slide in output at state-owned Codelco. Hampered by…
Chile’s copper output falls on declining grades
Copper production in Chile, the world’s No. 1 producer of the metal, dropped by 44,000 tonnes, or almost 0.8%, last year compared to 2018, amid a perfect storm of falling…
Coronavirus and copper: Don’t expect small SARS-like impact
The copper price continued to recover on Thursday as investors bet on a quick bounce in economic activity in China once the viral outbreak is brought under control. After bottoming…
Mitsubishi acquires 30% of Mantoverde copper mine
Japanese powerhouse Mitsubishi Materials Corporation (MMC) has acquired a 30% stake in Mantos Copper’s Mantoverde mine and associated projects in Chile for US$263 million. MMC has been seeking to participate…
Ivanhoe boosts resource for Kamoa-Kakula in DRC
Ivanhoe Mines (TSX: IVN; US-OTC: IVPAF) has updated the resource estimate for its massive Kamoa-Kakula project in the Democratic Republic of Congo (DRC). Kamoa-Kakula — among the world’s largest copper…
BHP to supply desalinated water to Escondida
BHP’s (NYSE: BHP; LON: BHP) Escondida copper mine in Chile, the world’s largest, will stop drawing fresh water from the Atacama salt flat, using instead desalinated water brought from its…
Commentary: Five things to watch for in battery metals this year
In a January research note on battery raw materials, consultants Wood Mackenzie outlined the main themes to look for in 2020: The following is an edited version of the article….
China’s MMG suspends copper shipments from Las Bambas
Chinese miner MMG has once again halted copper shipments from its Las Bambas operation, one of Peru’s largest copper producers, following a road blockade by a local community protesting against…
TSX Venture dips, Jan. 20-24: Abitibi Royalties, New Pacific, Camino, K92
The S&P/TSX Venture Composite Index fell 0.47% to 581.76 and spot gold finished at US$1,571.60 per oz., up US$14.90 per ounce. Abitibi Royalties posted the largest value gain, jumping $1.45…