Satellites spot China slowing copper smelters
Global copper smelters were about a third more idle this year through February than they normally are as leading producer China slowed output, according to a London-based company that uses…
Copper
PDAC 2024: Burzynski on Windfall’s excess; Wabun, O3, Lundin, McConnell also awarded
John Burzynski, Osisko Mining’s (TSX: OSK) chairman and CEO, recalls how exploration drilling at the Windfall gold project in Quebec set a few records and ruined an entire generation of…
Pampa drills long copper interval at Piuquenes in Argentina
Pampa Metals (CSE: PM; US-OTC: PMMCF) says the first drill hole at its Piuquenes project in Argentina cut more than 1% copper equivalent over nearly a third of a kilometre….
Exclusive: Barrick CEO Bristow drives another U-turn in a remote land
Barrick Gold (TSX: ABX; NYSE: GOLD), the second-biggest gold miner by market value, this month poured its first gold in Papua New Guinea in nearly four years as CEO Mark…
Worker’s death spurs strike at Codelco’s Radomiro Tomic mine
Unionized workers have blocked Codelco’s Radomiro Tomic copper mine in northern Chile, following the death of Ana Camila Rojas Farías in an accident on Friday. The workers blocked the entrance…
Ecuador’s new consultation rules court controversy with Indigenous groups
Ecuador’s Energy and Mines ministry has issued new regulations governing Indigenous consultation on resource development, following a visit by the country’s President Daniel Noboa to Canada for the Prospectors and…
Taseko targets 2025 for first copper output at Florence
Taseko Mines (TSX: TKO; NYSE: TGB) expects first production from its fully permitted Florence copper project in Arizona in the fourth quarter of 2025. The company said it’s moving forward…
BHP becomes first miner in Chile to reach 40%+ female workforce
Women now represent 40.8% of BHP‘s (NYSE: BHP; LSE: BHP; ASX: BHP) staff in Chile, making it the first miner in the country to reach this benchmark. The company, which…
PDAC 2024: Some junior miners must die so others may live, panel says
Canada’s once-mighty junior mining sector crumbled after governments squeezed the middle class and let multinationals buy the country’s big miners, a panel of finance experts told mining’s biggest conference this…
From competitor to partner, AI joins forces with the explorers
If you’re a long-term reader of mine, you’ll know I’ve framed tech in a rather skeptical light. Perhaps unfairly. But when it comes to liquidity in the financial system, there’s…
Dundee Precious Metals sells Tsumeb smelter in Namibia for US$49M
Dundee Precious Metals (TSX: DPM) has sold its Tsumeb specialty smelter in Namibia to a subsidiary of Sinomine Resource Group. Under the share purchase agreement, Dundee will receive US$49 million…
PDAC: Faster permitting key to advancing critical mineral projects, panel warns
Governments must help cut permitting and production timelines if Canada is to produce enough minerals to reach net zero goals by 2050, says the CEO of Ring of Fire project…