First Quantum sells Turkish mine for $340M
First Quantum Minerals (TSX: FM) will sell its Çayeli mine in Turkey to a company controlled by Cengiz Holding as the Canadian miner raises additional capital for its priority assets….
Copper
Editorial: The new feasibility
All the largest companies are doing it. Why shouldn’t Canada do it, too? The global mining industry has converged on a single idea: copper is the most important strategic metal….
How Canadian mining can be great again
The mining and metallurgy industry has undergone a profound transformation since 1905, when Canada was producing six key metals – iron, copper, nickel, lead, aluminum and zinc – largely for domestic use. By the…
Chile mining faces policy test under Kast government
Chile’s mining sector faces a policy reset as President José Antonio Kast took office on Wednesday, raising expectations of regulatory reform and stronger security in the world’s largest copper-producing nation….
Canada’s weakness lies beyond the mine gate, MPs hear
Canada’s critical-minerals fragility lies more with what happens after ore leaves the ground than the ore in the ground, witnesses told a parliamentary panel this week. In the House defence…
Marimaca widens Pampa Medina 600 metres west
Marimaca Copper (TSX: MARI, ASX: MC2) drills pushed the emerging Pampa Medina deposit 600 metres farther west with another run of thick copper-silver assays, improving the odds that the Chilean…
Talon Metals surges on new Minnesota drill results
Talon Metals (TSX: TLO; US-OTC: TLOFF) said new drilling at the Tamarack nickel-copper-cobalt project in Minnesota supports the potential expansion of the property’s Vault zone system. The stock jumped to…
Power Metallic drills best Lion copper hit
Power Metallic Mines (TSXV: PNPN; US-OTC: PNPNF) drilled its best copper interval yet at the Lion zone in Quebec as it works toward a resource estimate this year. Shares rose….
Lundin spends $215M to boost Chile footprint
Lundin Mining (TSX: LUN) agreed to pay $215 million (C$292 million) to boost its majority stake in Chile’s Caserones copper mine and acquire a piece of the nearby Los Helados…
Mongolia presses Rio Tinto for bigger Oyu Tolgoi cut
Mongolia is demanding earlier profit payments and a larger share of revenue from the massive Oyu Tolgoi copper mine it co-owns with Rio Tinto (ASX: RIO), reopening negotiations over the…
Phoenix Copper fires chair, CFO over secret payments
Phoenix Copper (AIM: PXC;US-OTC: PXCLY) has dismissed its executive chairman and chief financial officer after an internal investigation uncovered undisclosed related-party payments and unauthorized transactions tied to fundraising activities. The…
First Nations say equity key to faster approvals
Indigenous ownership in major mining and other resource projects could help accelerate permitting timelines in Canada while improving economic outcomes for First Nations, according to a national group. The First…