Hudbay boosts Snow Lake gold output 60% to 2.8M oz
Hudbay Minerals (TSX, NYSE: HBM) has increased forecast life-of-mine gold production at its Snow Lake operations in Manitoba by 60% to 2.8 million oz. under an updated mine plan. The…
Copper
BHP’s Escondida restart eases tight copper supply woes
The mine halt, low Chinese inventories and an approaching holiday pause had left the copper market with little room for supply disruptions.
BHP wins top BC reclamation award for Island Copper
BHP (ASX, LSE, NYSE: BHP) won British Columbia’s top mine reclamation award for work continuing more than three decades after its Island Copper mine closed on northern Vancouver Island. The…
Worker death keeps world’s largest copper mine shut
BHP (ASX, NYSE: BHP) kept the globe’s biggest copper mine shut Thursday after an employee was killed during maintenance work at its Escondida operation in northern Chile and regulators investigated…
Collective hits gold-tungsten beyond Apollo model
Collective Mining (TSX, Nasdaq: CNL) has hit high-grade gold and tungsten in schist outside the southern edge of its Apollo breccia in Colombia, opening a new drilling target beyond the…
US, Argentina launch ‘Andes-Atlantic Corridor” with up to $7B backing
The U.S. Export-Import Bank (EXIM) will finance up to $7 billion in Argentine critical minerals and energy projects as Washington seeks to strengthen its access to the region’s resources, the…
Rio Tinto to expand metals trading beyond own output
Rio Tinto (ASX, NYSE, LSE: RIO) plans to expand its metals trading business into third-party material and derivatives as chief executive Simon Trott seeks to squeeze more value from the…
Glencore sets Oct. 14 for Australian market debut
Glencore (LSE: GLEN) expects to begin trading on the Australian Securities Exchange (ASX) on Oct. 14, tapping the country’s A$4.4-trillion (US$3.1-trillion) pension market to support its copper expansion and potential…
Higher Santa Cruz costs weigh on Ivanhoe Electric
A new prefeasibility study (PFS) shows Ivanhoe Electric’s (NYSE, TSX: IE) Santa Cruz copper project in Arizona has become more expensive to build while its economics improved modestly. The stock…
Glencore to help build US minerals stockpile with $500M government financing
Swiss miner and commodities trader Glencore (LSE: GLEN) will help build a U.S. critical minerals reserve after receiving a $500 million commitment from the Export-Import Bank of the United States…
Ex-Gold Fields CEO targets $1B Africa mining fund
Former Gold Fields (JSE, NYSE: GFI) CEO Chris Griffith has joined a private equity venture seeking to raise $1 billion to invest in African critical minerals, four years after leaving…
Barrick, Equinox among TD Cowen’s best stock picks
Precious-metals producers Barrick Mining (TSX: ABX; NYSE: B) and Equinox Gold (TSX, NYSE-A: EQX) are among the 24 Canadian stocks that offer the best prospects for outsized returns over the next few…