First Quantum chairman Philip Pascall passes away
First Quantum Minerals (TSX: FM) has announced its chairman and co-founder Philip Pascall has died. The company says Pascall passed peacefully at his home in Perth, Western Australia, on Tuesday…
First Quantum Minerals Ltd
Rio Tinto-First Quantum JV to develop massive copper project in Peru
Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) and First Quantum Minerals (TSX: FM) have formed a joint venture to advance the La Granja copper project in Peru to development….
First Quantum to take majority stake in Rio Tinto’s Granja copper project in Peru
First Quantum Minerals (TSE: FM) has agreed to partner with Rio Tinto (NYSE: RIO; ASX: RIO) to develop the La Granja project in Peru, forming a joint venture that will…
First Quantum losing US$8M a day on Cobre Panama halt
First Quantum Minerals (TSX: FM) says it’s experiencing losses of up to US$8 million a day due to the suspension of ore processing and port loading affecting its giant copper…
Anglo American’s Quellaveco yields first copper concentrate
Anglo American (LSE: AAL) said on Tuesday it had begun producing copper concentrate at its US$5.5 billion Quellaveco mine in Peru. The mining giant, which has a 60% stake in…
Falco raises $17M for Horne 5 engineering, studies
Falco Resources (TSXV: FPC) has completed the last tranche of its $17.3 million private placement to continue engineering, technical and environmental studies related to its 100%-owned Horne 5 gold-copper-zinc project….
First Quantum lowers 2020 guidance
With its Cobre Panama mine on care and maintenance since April 7, First Quantum Minerals (TSX: FM) has reduced its copper guidance for the year by 75,000 tonnes to 755,000-805,000…
Trade war pause brightens copper outlook
U.S. President Donald Trump signed off on a phase-one trade deal with China on Dec. 13 to avert a planned round of tariffs on US$160 billion of consumer goods. The…
Highland Copper tables PEA for White Pine North
A preliminary economic assessment (PEA) of Highland Copper’s (TSXV: HI; US-OTC: HDRSF) White Pine North copper project in Michigan envisions a 25-year mine producing an average of 40,000 tonnes of copper…
Mystery nickel buyer could restart First Quantum’s Ravensthorpe
First Quantum Minerals (TSX: FM; LSE: FQM) management says it could have a buyer for any nickel produced from a restart of the venerable Ravensthorpe nickel-cobalt mine at Bandalup Hill…
Top-10 Canadian miners by market cap
The Northern Miner presents the top-10, Canada-headquartered mining companies by market capitalization, as of early July 2019. 1. Nutrien Market cap: $41.8 billion Nutrien (TSX: NTR; NYSE: NTR) is the…
TSX dips, June 24-28: Continental Gold, First Quantum, Northern Dynasty
The S&P/TSX Composite Index fell 0.87% to 16,382.20. Metal indexes moved higher with the S&P/TSX Global Mining Index up 1.30% at 79.44, the S&P/TSX Global Base Metals Index up 1.27%…