Alaska petitions US Supreme Court to overturn Pebble mine veto
Alaska has filed a motion with the U.S. Supreme Court to overturn a veto blocking Northern Dynasty Minerals’ (TSX: NDM; NYSE: NAK) Pebble copper and gold project. According to the…
Copper
Teck cuts copper guidance on lower output at QB2
Teck Resources (TSX: TECK.A, TECK.B; NYSE: TECK), Canada’s largest diversified miner, has revised down copper production targets for the year after its Quebrada Blanca 2 open-pit mine in northern Chile…
Newcrest interim CEO on Newmont merger, and why copper could soon outshine gold
Sherry Duhe has only been in the mining world for a year and half. But she’s already been tasked with steering Australia’s largest gold miner, Newcrest Mining (TSX: NCM; ASX:…
Foran Mining’s McIlvenna Bay gets environmental impact process green light
Foran Mining (TSX: FOM; US-OTC: FMCXF) has secured ministerial approval for its McIlvenna Bay project under Saskatchewan’s Environmental Assessment Act, the company said on Wednesday. This marks the end of…
Rio Tinto to miss 2025 emissions cuts targets
The world’s second largest miner won’t be able to achieve a targeted 15% carbon emissions reduction by 2025, unless it uses carbon offsets.
Bluejay Mining goes solo at Finland project as JV with Rio Tinto ends
Bluejay Mining (LSE: JAY) said Monday that it will take full ownership of the Enonkoski nickel-copper-cobalt project in Finland, as its joint-venture agreement with Rio Tinto has ended. The London-based…
Highland Copper lands private equity partner for Michigan copper-silver project
Highland Copper Company (TSXV: HI) has published a positive new preliminary economic assessment (PEA) for its White Pine North project in Michigan, and at the same time, clinched a new…
Los Andes Copper signs US$20M royalty deal with Ecora Resources
Vancouver’s Los Andes Copper (TSXV: LA; US-OTC: LSANF) has signed a US$20-million royalty agreement with Ecora Resources (TSX: ECOR). The royalty includes a 0.25% net smelter royalty (NSR) on sales…
South32 takes US$1.3B charge on Arizona project
Australia’s South32 (ASX: S32; LSE: S32) announced on Monday a US$1.3 billion ($1.7 billion) non-cash impairment expense on its Hermosa zinc-lead-silver project in southern Arizona, which will be reflected in…
Slowing global trade will make fighting climate change harder, says BHP exec
Mega-miner BHP takes a longer view than most. The Melbourne-based company, with copper, iron ore, coal and nickel mines in Australia and South America, looks at broad global trends that…
NGEx Minerals more than doubles private placement to $85M
Due to strong demand, NGEx Minerals (TSXV: NGEX) has opted to more than double its private placement financing from $40 million to $85 million, issuing approximately 13 million common shares…
Let business lead on energy transition, AusCan Forum hears, while Trudeau touts values
The world has a long way to go to meet net zero emissions targets, but resource-rich Australia and Canada are both well-positioned to help make it happen. During the 8th…