Lundin Mining pays $950M for controlling stake in Chilean copper mine
Lundin Mining (TSX: LUN) is buying a majority stake in the Caserones copper-molybdenum mine in Chile for about US$950 million, adding to a flow of deals as miners seek to…
molybdenum
Global Exploration Snapshot: Eight companies seeking base, precious and energy metals
From Botswana to Ecuador, Spain and Jamaica – it may sound like a travel destination bucket list, but these are just some of the places these eight juniors are exploring…
Los Andes Copper prefeasibility for Vizcachitas outlines ‘Tier 1 asset’
Los Andes Copper (TSXV: LA; US-OTC: LSANF) has completed a positive prefeasibility study for its 100% owned Vizcachitas project in Chile, highlighted by a US$2.8-billion post-tax net present value using…
Torex Gold picks up the pace on Media Luna build
Torex Gold (TSX: TXG) plans to invest between US$390 million and US$440 million in its flagship Media Luna gold project in Mexico this year to speed up development, with commercial production anticipated in…
Exclusive video: Stuhini CEO on molybdenum’s ‘dramatic’ price move and the Ruby Creek project
Stuhini Exploration’s president and CEO Dave O’Brien says molybdenum, which has seen a recent price rise, is the ‘canary in the coal mine’ for mining sector shortages to come. O’Brien…
U.S. agency blocks Northern Dynasty’s Pebble project in Alaska
Northern Dynasty Minerals’ (TSX: NDM; NYSE: NAK) contentious Pebble project in southwest Alaska is on the rocks again after the Environmental Protection Agency denied environmental approvals. The EPA on…
Osisko Metals drills wide copper intercepts at historic mine in Quebec
Drilling towards the northwest under the past-producing pit at the Gaspe copper project in Quebec returned 1,011 metres grading 0.46% copper, 3.19 grams silver per tonne and 0.02% molybdenum from…
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…
BC, Yukon and NWT snapshot: Eight companies to watch
Northwestern Canada is a vast hub for mineral exploration and mining. Here’s a glimpse of eight companies exploring for precious and base metals in British Columbia, Yukon and the Northwest…
Ecuador signs investment contract with Solaris on Warintza project
Solaris Resources (TSX: SLS; US-OTC: SLSSF) has signed an investment contract with the government of Ecuador on its 100%-owned Warintza copper-gold project, which president and CEO Daniel Earle says “provides…
Probe Metals, Midland, make polymetallic discovery at La Peltrie in Quebec
Probe Metals (TSXV: PRB) and Midland Exploration (TSXV: MD) have announced a new copper-gold-silver-molybdenum discovery at the La Peltrie project in Quebec’s Detour Lake region, with hole LAP-22-012 drilling 345 metres…
RANKED: World’s top 10 biggest mines by ore throughput in 2022
The amount of tonnes of ore extracted from the earth in a day is vast at the world’s largest mines — owned and operated by the majors of the industry….