Ex-Glencore, Lundin execs launch Moranda Metals
The Vancouver, Canada-based private mining shell company seeks to tap into an estimated $15 billion in capital.
Copper
Jubilee begins processing high-grade copper in Zambia
Jubilee Metals Group (LSE: JLP) said on Friday it has begun processing high-grade copper feed material at its Roan concentrator facility in Zambia. The plant had been processing low-grade waste…
Power Nickel raises $40M for Quebec project
Power Nickel (TSX-V: PNPN) has stated the pricing of its private placement to raise about $40 million (US$28 million) for exploration at its Nisk nickel-copper-platinum group metals project in Quebec. The…
Rio Tinto OK’d on $6.7B Arcadium Lithium buy
Rio Tinto (ASX, LSE, NYSE: RIO) has secured all regulatory approvals to proceed with its $6.7-billion (C$9.49-billion) acquisition of Arcadium Lithium (ASX: LTM; NYSE: ALTM) set to close in early…
Ivanhoe Electric raises $60M for Arizona copper project
Ivanhoe Electric (NYSE-A: IE; TSX: IE) plans to raise $60 million (C$85.8 million) for its Santa Cruz copper project in Arizona. The company said this week it’s selling 10.25 million…
Taseko projects $42B impact from Gibraltar mine
Canada’s Taseko Mines (TSX: TKO; NYSE: TGB; LSE: TKO) has unveiled the results of an economic impact study on its Gibraltar copper mine in British Columbia, which reveals the operation…
Southern Copper eyes 2027 start for $1.8B Tía María
Southern Copper (NYSE, LSE: SCCO) is pushing forward with its long-delayed Tía María copper mine in Peru, aiming to start production in 2027. The company, a subsidiary of mining giant…
Ecuador’s mining uncertain with socialist in runoff
Ecuador’s mining industry is bracing for potential changes as the nation’s main socialist party gains momentum in the presidential race headed for a runoff in April. Luisa González, a protégé…
Middlemen siphon billions from war-ravaged DRC’s cobalt, coltan trade
Middlemen and local militias steal billions from the Democratic Republic of Congo’s (DRC) cobalt and coltan trade, fuelling conflict and leaving the nation poor, according to a political analyst. The…
AME JV video: Torr Metals preps to drill in BC’s rich copper belt
Torr Metals (TSXV: TMET) expects in the coming months to receive permits to drill at its Kolos copper-gold project, which sits in the prospective Quesnel Trough in southern British Columbia….
AME JV video: Nuvau sees multiple gold exploration opportunities in Matagami in Quebec
Nuvau Minerals (TSX: NMC) is planning to step up exploration work this year on its Matagami property in northern Quebec, CEO Peter Van Alphen says in a new video. Matagami,…
Video: Faraday Copper drills for PEA update in Arizona
Faraday Copper (TSX: FDY; US-OTC: CPPKF) is drilling at its main Copper Creek project in Arizona to update its preliminary economic assessment (PEA) in the third quarter. CEO Paul Harbidge…