Meridian’s Cabaçal value doubles on higher prices
Meridian Mining (TSX, LSE: MNO; US-OTC: MRRDF) has more than doubled the estimated value of its Cabaçal gold-copper project in Brazil in a new feasibility study, although the gain rests…
Copper
Selkirk Copper’s Minto posts $494M value, nearly triple its build costs
A preliminary economic assessment (PEA) for Selkirk Copper Mines’ (TSXV: SCMI; US-OTC: SKRKF) brownfield Minto project in Yukon gives it a $494 million (US$353 million) value, almost three times higher…
Capstone sells Mexican mine to Luca for up to $385M
Capstone Copper (TSX: CS; ASX: CSC) is selling its Cozamin copper-silver-zinc-lead mine in Mexico to Luca Mining (TSXV: LUCA) for up to $385 million (C$540 million) as it redirects capital…
Australia gold output holds near decade average
Australian gold output held around the same level it has averaged over the past decade in the year ended June, even as seismic disruptions at Newmont (NYSE, ASX: NEM; TSX:…
Copper mine supply risks first decline since 2017: Sprott
Global mined copper production could fall this year for the first time in nearly a decade even after prices hit records, as disruptions, declining grades and weak Chilean output expose…
Canada could gain billions from refining more metals
Canada risks leaving more value from its critical minerals abroad unless it builds more processing capacity at home, the government’s trade boosting agency says. A sustained shift into more sophisticated…
Honey Badger nearly triples Prairie Creek value to $1.2B
An updated preliminary economic assessment for Honey Badger Silver’s (TSXV: TUF) Prairie Creek silver-zinc mine in the Northwest Territories almost triples the project’s net present value to $1.2 billion from…
Billionaire’s buying spree stretches beyond iron ore
Gina Rinehart’s Hancock Prospecting has made a string of investments over the past year, building exposure to rare earths, copper, gallium, antimony and precious metals as Australia’s richest person broadens…
China’s MMG moves to ease EU concerns over $500M Anglo nickel deal
China-backed MMG (HKG: 1208) has pledged to maintain or increase nickel supplies to Europe after the European Commission formally objected to its planned purchase of Anglo American’s (LSE: AAL) Brazilian…
Podcast: The geopolitics of mining in the Sahel and Myanmar, ft Critical Risk Team’s George McLeod
This week’s episode features Critical Risk Team partner George McLeod in conversation with host Adrian Pocobelli on recent developments in Africa’s Sahel region and in Myanmar. McLeod discusses the unexpected…
Billionaire Rinehart’s Hancock takes stake in Nunavut copper explorer
Australian mining billionaire Gina Rinehart’s Hancock Prospecting is investing A$8.7 million (C$8.6 million) in the early-stage Nunavut-focused copper explorer White Cliff Minerals (ASX: WCN; US-OTC: WCMLF) for a 13.5% stake….
Generation lines up $1.3B Marathon financing
Generation Mining (TSX: GENM; US-OTC: GENMF) lined up the final $340 million (US$244 million) needed to fund its Marathon copper-palladium mine in northwestern Ontario, clearing the last major financing hurdle…