What a shock: the power cost of ore processing
When it comes to understanding processing costs, electric power is an item that can have a substantial impact on operating expenses. Costmine, a division of Mining Intelligence owned by Glacier…
Copper
DRC export ban fails to rocket cobalt
The cobalt market was mixed this week after the Democratic Republic of Congo, the world’s top producer, banned exports for four months to spur the battery metal’s price from historical…
Congo warns US, Europe not to buy ‘looted’ minerals from Rwanda
President Felix Tshisekedi urged direct trade and didn’t rule out a minerals deal if tied to ending the nation’s conflict.
Ivanhoe expands Makoko copper deposit in DRC
Africa-focused Ivanhoe Mines (TSX: IVN; US-OTC: IVPAF) has pushed its Makoko copper deposit past 13 km in strike length and found fresh high-grade copper at Kitoko, it said Monday in…
Which projects may gain if Trump overhauls permitting?
In early February, two weeks after President Donald Trump’s inauguration and flurry of executive orders, Northern Dynasty Minerals (TSX: NDM; NYSE: NAK) CEO Ron Thiessen sent an optimistic letter to…
Global exploration budgets fall as juniors tighten belts: S&P
Global nonferrous exploration spending declined for the second straight year due to financing challenges for junior miners, S&P Global said. Global spending dropped 3% to $12.5 billion, S&P’s Corporate exploration…
Spotlight: Global metals exploration
The world is on the cusp of a tidal wave of new demand for metals critical to the economy and the future of the planet. From copper, nickel and vanadium…
Ivanhoe nets $193M profit but floods, quick expansion cloud outlook
Ivanhoe Mines’ (TSX: IVN; US-OTC: IVPAF) update on 2024 shows solid performance booking a $193-million profit, but an analyst says it’s marred by operational setbacks and an overly ambitious growth…
Anglo, Codelco strike $5B copper deal
Anglo American (LSE: AAL) and Chile’s state-owned Codelco have signed an agreement to jointly develop their neighbouring Los Bronces and Andina operations, a move that will see the partners produce…
Juniors shine on TSXV 50 ranking
A handful of Canadian juniors have rocketed to the top of the TSX Venture Exchange’s 50 highest-performing emerging companies last year, according to data from parent company TMX. Power Nickel…
Century-old 1B-lb copper project sells for $26M to mystery buyer
World Copper (TSXV: WCU; US-OTC: WCUFF) is divesting its interest in the Zonia copper oxide project to an unnamed arm’s-length party for $26 million. The project’s new owner is a…
Northisle PEA doubles value of BC copper-gold project
Northisle Copper and Gold (TSXV: NCX) has issued a new preliminary economic assessment (PEA) for its North Island project that almost doubles the net present value, raises the internal rate…