Copper price must double to meet future mining needs — study
To meet the world’s future needs, copper prices must at least double their current levels in order to incentivize companies to build more mines, a study published in the latest…
Copper
Panama OKs First Quantum’s copper mine care plan
Panama has approved First Quantum Minerals’ (TSX: FM) maintenance plan for the shuttered Cobre Panama copper mine, clarifying that this does not signal a restart of operations. Trade and Industry…
‘One project, one review:’ BC’s Minister Brar fast-tracks mine permits, IP protection
Six months into the job, British Columbia’s Critical Minerals Minister Jagrup Brar says major mine permitting timelines have narrowed by over a third, as new mining rules are set to…
Is Glencore’s $22B asset shift a prep for Rio merger?
Glencore (LSE: GLEN) has transferred almost $22 billion in foreign assets into its Australian subsidiary in a sweeping global restructuring that could lay the groundwork for a future merger with…
Explorer pulls staff as Flin Flon orders evacuation
Amid a province-wide state of emergency, Flin Flon, Man. has ordered residents and visitors to evacuate as wildfires approach the city while Canadian Gold (TSXV: CGC) has suspended local operations…
Terra Metals, Metalex in $100M Zambia deal
U.S.-based critical minerals developer Terra Metals and resource investment firm Metalex Commodities have finalized talks on the creation of what they call a “new copper and cobalt production powerhouse” in…
US Supreme Court rejects Apache appeal to block Rio Tinto’s Resolution mine
The U.S. Supreme Court declined on Tuesday to hear an appeal by the Apache Stronghold seeking to block the development of the Resolution Copper mine in Arizona. The mine is a joint…
Manitoba wildfires threaten Alamos Gold project
Wildfires burning near the northwestern Manitoba town of Lynn Lake have spurred Alamos Gold (TSX, NYSE: AGI) to temporarily pause operations at its nearby project, the company said. Lynn Lake…
Geopolitics to shape mining’s future: TNMG president
Industry stakeholders should view resource development in a global context because shifting geopolitical dynamics will increasingly determine mining, The Northern Miner Group President Anthony Vaccaro says. “We need to look…
Harmony Gold buys MAC Copper for $1B
Harmony Gold (JSE: HAR; NYSE: HMY), South Africa’s top gold producer by volume, has agreed to acquire MAC Copper (ASX: MAC; NYSE: MTAL) for $1.03 billion, accelerating its strategic shift…
Arizona Metals books high-grade hits at Kay
Arizona Metals (TSX: AMC; OTCQX: AZMCF) said drilling at its Kay project in the central part of the state returned high-grade results of 9.5 metres at 5.37 grams gold per…
Aftermath reports shallow copper, silver in Peru
Canadian explorer Aftermath Silver (TSXV: AAG; US-OTC: AAGFF) said drilling at its Berenguela silver-copper-manganese deposit in Peru intersected shallow mineralization, paving the way for an updated resource estimate. Hole AFD129…