Antofagasta meets 2022 guidance and releases 2023 forecast
Antofagasta (LSE: ANTO) produced 646,200 tonnes of copper at net cash costs of US$1.61 per lb. last year and forecasts this year it will produce 670,000 to 710,000 tonnes at…
Copper
Barrick on the backfoot as FY22 output misses guidance
Despite a strong finish in the fourth quarter of 2022, Canada-domiciled Barrick Gold’s (TSX: ABX; NYSE: GOLD) production fell to the lowest level in decades after missing full-year guidance on…
CaNickel PEA gives Bucko Lake 13-year mine life
CaNickel Mining (TSXV: CML) has released results of a preliminary economic assessment (PEA) and mineral resource estimate on the company’s Bucko Lake nickel mine, outlining a 13-year project with average…
TSX, spot gold rise during Jan. 9-13 trading week
The S&P/TSX Composite Index rose 545.6 points or 2.75% to finish the Jan. 9-13 trading week at 20,360.10 and the S&P/TSX Global Mining Index gained 4.94 points or 4.25% to…
U.S. markets rebound during Jan. 9-13 trading period
The Dow Jones Industrial Average gained an impressive 672 points or 2% during the Jan. 9-13 trading week to close at 34,302.61, and the S&P 500 gained 104.01 or 2.7%…
Northwest Copper shares jump on strong results from Kwanika
Northwest Copper (TSXV: NWST; US-OTC: NWCCF) shares surged 17% to 24.5¢ apiece in Monday afternoon trading in Toronto on assay results from its Kwanika copper-gold deposit near the town of…
Excelsior to test Rio Tinto’s Nuton copper tech in Arizona
Excelsior Mining (TSX: MIN; US-OTC: EXMGF) has entered into a collaboration with Nuton LLC, a Rio Tinto venture, to evaluate the use of its Nuton copper heap leaching technologies at…
Glencore evacuates Antapaccay mine camp after Peru protesters invade
The campsite at Glencore’s Antapaccay copper mine in southern Peru was vandalized by a group of people protesting against the country’s new president and demanding a general election. According to…
Resource nationalism on the rise, says VRIC’s Jay Martin, as mining juniors head to Vancouver
There’s no denying the world is an entirely different place compared with a year ago, says Cambridge House International’s president and CEO, Jay Martin, as more than 300 mining juniors…
New Saudi company formed to secure critical minerals globally
Saudi Arabian state miner Ma’aden inked a major new deal with the kingdom’s sovereign wealth reserve the Public Investment Fund (PIF) at the Future Minerals Forum 2023 in Riyadh this…
Taseko secures US$25M loan for Florence Copper processing plant
Taseko Mines (TSX: TKO; LSE: TKO) has secured US$25 million in additional financing to pay for the solvent extraction and electrowinning (SX/EW) plant for its Florence copper commercial production facility…
Eurasian Resources expands search for EV minerals in Saudi Arabia
Eurasian Resources Group has signed deals to explore in Saudi Arabia with a Mars rover-like sampler as it helps prepare a passport for electric vehicles showing their battery mineral sources….