A new preliminary feasibility study (PFS) for Ivanhoe Electric’s (TSX, NYSE: IE) Santa Cruz copper project in Arizona gives the proposed mine an after-tax net present value (NPV) of $1.4…
Euro Sun Mining (TSXV: ESM; US-OTC: ESMNF) has lined up a $200-million loan package, with backing from global commodities trader Trafigura, to help finance its Rovina Valley gold-copper project in…
Glencore (LSE: GLEN) has declared its Mount Isa copper smelter unviable and is awaiting a response from Australia’s federal and Queensland’s governments regarding requests for financial assistance to keep the…
Rio Tinto (ASX, LSE: RIO) has agreed to pay nearly $139 million to settle a long-running class action lawsuit accusing the company of concealing development delays at its $7-billion giant…
Canada’s Lundin Mining (TSX: LUN) has unveiled a strategic growth plan designed to catapult the company into the world’s top 10 copper producers. The Vancouver-based miner aims to reach annual…
Karelian Diamond Resources (LSE-A: KDR) says it has identified a “significant new copper target” within the recently awarded KDR4 licence area in Northern Ireland. The company found the copper target…
Iamgold (TSX: IMG; NYSE: IAG) is shifting its focus to Canadian production, president and CEO Renaud Adams said. Franco-Nevada (TSX, NYSE: FNV) last month acquired a 7.5% net profit interest…
Teck Resources (TSX: TECK.A, TECK.B; NYSE: TECK) has secured an environmental assessment certificate to extend the life of its Highland Valley Copper (HVC) mine in British Columbia, keeping Canada’s largest…
Foran Mining (TSX: FOM; OTCQ-X: FMCXF) cut a highlight result of 21.3 metres grading 1.55% copper at its McIlvenna Bay project in east-central Saskatchewan. Hole BZ-25-02 also intersected 0.69% zinc,…
A new wave of mergers and acquisitions is rising in the mining sector and single-asset companies might be the first to sell out, Cupel Advisory director Nikki Adshead-Bell says. “We…
Ecuador has reopened its mining concessions registry for the first time since January 2018, aiming to attract investment, streamline licensing and crack down on illegal mining—a long-standing issue across the…
Vale (NYSE: VALE) says authorities have granted a preliminary environmental licence for its Bacaba copper project in Brazil. The miner expects to invest about $290 million (C$393 million) during the…
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