Amaroq expands in South Greenland copper belt
Amaroq Minerals (LSE: AMRQ; TSXV: AMRQ) has expanded its presence in southern Greenland following the award of a new licence that takes its total landholdings to 6,800 sq. km. The…
Copper
VRIC: Copper majors are hunting for explorers
Despite the upheaval of a new Donald Trump presidency in the U.S., pundits at the Vancouver Resource Investment Conference held firm that the metal’s long-term future is as bright as…
Saudis to buy stake in Barrick’s Reko Diq: FT
Saudi Arabian mining fund Manara Minerals is set to buy a 10%-20% in the Reko Diq copper and gold project in Pakistan for about US$500 million to US$1 billion, the…
Teck allots up to US$3.9B to boost copper output
Teck Resources (TSX: TECK.A, TECK.B; NYSE: TECK), Canada’s largest diversified miner, plans to invest up to US$3.9 billion over the next four years to increase its copper production to about…
Barrick eyes selling Zaldivar mine stake: report
Barrick Gold (TSX: ABX; NYSE: GOLD) is reportedly seeking to divest its 50% stake in the Zaldivar copper mine run by Antofagasta (LSE: ANTO) in Chile, Bloomberg reported. Barrick has…
Amarc stock doubles on gold-copper find at JOY in BC
Amarc Resources (TSXV: AHR; US-OTC: AXREF) has more than doubled its share price after announcing a high-grade discovery at its JOY copper-gold project in north-central British Columbia. The discovery resulted…
American Pacific boosts copper at Palmer in Alaska
American Pacific Mining (CSE: USGD; US-OTC: USGDF) says a new report increases the copper resource at the Palmer project in southeast Alaska by double-digit percentages compared with 2019 estimates. The…
Barrick’s Reko Diq to generate US$74B over 37 years
Barrick Gold (NYSE: GOLD) (TSX: ABX) said on Monday its half-owned Reko Diq copper and gold project in Pakistan is projected to generate approximately US$74 billion in free cash flow…
GoGold sees Los Ricos South permits in March
GoGold Resources (TSX: GGD; US-OTC: GLGDF) says a new feasibility study shows the Los Ricos South (LRS) project in Mexico would cost US$227 million to build and provide a 28%…
Codelco, Saudi Arabia eye copper JVs: Reuters
Chile’s Codelco and Saudi Arabia are engaged in early-stage discussions about potential joint investments in the copper sector, the state-owned miner’s chairman Maximo Pacheco told Reuters on Friday. The collaboration…
Rio Tinto, Glencore in M&A talks: Bloomberg
Rio Tinto (NYSE, LSE, ASX: RIO) and Glencore (LSE GLEN) have been discussing combining their businesses, according to people familiar with the matter, Bloomberg reported. The Australian mining giant and…
First Quantum cuts guidance on Zambia delays
First Quantum Minerals (TSX: FM) has cut its copper guidance by 3.5% at the midpoint, citing Zambian mine sequencing, while politics has kept Cobre Panama idle. The Toronto-headquartered company now…