Glencore opens new nickel-copper mine at Raglan
Glencore (LSE: GLEN) says its new Anuri underground mine at its Raglan nickel-copper operation in Nunavik, Que., will extend the nickel-copper operation’s mine life by at least 20 years. Raglan…
Copper
Sandfire America scores legal win for Montana copper project
Sandfire Resources America (TSXV: SFR) shares soared on Tuesday following a positive ruling by the Montana Supreme Court which reversed a district court decision and reinstated the permit for the company’s…
Legacy uses AI to discover platinum in Australia
Legacy Minerals (ASX: LGM) says it’s deployed artificial intelligence software to discover platinum group elements (PGE) and nickel-copper-iron sulphides on the Fontenoy project in New South Wales, Australia. Diamond drillhole…
BHP’s tech-inspired startup program closes in on first deals with tiny explorers
BHP (NYSE: BHP; LSE: BHP; ASX: BHP) is using its giant heft to jumpstart small exploration companies with new ideas on how to find energy transition minerals. The company’s BHP…
Feds must force pensions to fund Canadian mining, Lassonde, Giustra say
Ottawa has to pressure pension funds to invest billions in Canadian mining, a radical change from their almost non-existent stakes, if the industry is ever going to produce enough metals…
Zijin to expand Tibet copper mine expected to be world’s largest
China’s Zijin Mining Group announced on Friday that is going ahead with the second phase of a major expansion at its Julong copper project in Tibet, after receiving government approval. The…
Newmont to sell mines in Canada, Australia after Newcrest buy
Newmont (TSX: NGT; NYSE: NEM) says it plans to sell six inessential assets including mines in Quebec, Ontario, the Yukon and Western Australia to cut debt. The list contains the…
Iron ore boom of the 2000s repeating – this time with critical metals
A headline published in The Age back in July 2003 reads: “[Andrew] Forrest has a grand $1.2bn plan for tiny Perth mining company.” That company was called Allied Mining and…
Teck hits record copper production on Quebrada Blanca ramp-up
Teck Resources (TSX: TECK.A, TECK.B; NYSE: TECK) beat profit estimates for the fourth quarter of 2023 on the back of higher steelmaking coal sales, record copper production and strong prices…
First Quantum inks US$500M offtake amid Panama turmoil
First Quantum Minerals (TSX: FM) says it’s landed a US$500-million offtake agreement with its largest shareholder, China’s Jiangxi Copper, to help shore up finances shredded by its Cobre Panama mine…
Rio Tinto OKs US$6.2B Simandou iron mine
“The board yesterday approved the largest mining project in the world,” CEO Stausholm told Financial Times.
Tudor Gold ups ounces, grade at Goldstorm deposit in BC
The indicated resource count at Tudor Gold‘s (TSXV: TUD) flagship Treaty Creek project in British Columbia has grown by 19% in terms of gold-equivalent ounces following last year’s drill program…