UBS lifts copper price forecasts on supply concerns
Amid global mine disruptions, strong momentum on the demand side and a market deficit that is expected to widen, UBS sees copper prices rising next year. In a note published…
Freeport-McMoRan Inc
Fitch lifts 2025 copper price forecast
Fitch Solutions’ Business Monitor International (BMI) has raised its 2025 average copper price forecast to $9,650 per tonne, up from $9,500 previously, as persistent supply disruptions and resilient industrial demand…
Codelco fast-tracks automation after deadly collapse
Chile’s state-owned copper giant Codelco is to fast-track automation at its El Teniente mine after a deadly collapse killed six workers, in what became Chile’s worst mining accident in decades….
AI demand seen pushing copper price longer term
The copper price faces short-term headwinds from trade wars and weakening United States consumption, but longer-term demand from artificial intelligence and grid electrification is set to overwhelm supply, Red Cloud…
Skeena buys 13% of TDG beside Freeport find in BC
Skeena Resources (TSX: SKE; NYSE: SKE) is paying $11 million for a 13% stake in TDG Gold (TSXV: TDG), which plans to advance the Shasta-Newberry project beside the recent porphyry…
VRIC: Copper majors are hunting for explorers
Despite the upheaval of a new Donald Trump presidency in the U.S., pundits at the Vancouver Resource Investment Conference held firm that the metal’s long-term future is as bright as…
Amarc stock doubles on gold-copper find at JOY in BC
Amarc Resources (TSXV: AHR; US-OTC: AXREF) has more than doubled its share price after announcing a high-grade discovery at its JOY copper-gold project in north-central British Columbia. The discovery resulted…
Global mining index soars as China, US stimulus converge
The S&P/TSX Global Mining Index has gained 14% since Sept. 6 in its biggest jump this year after central banks cut interest rates, the United States signalled more battery metal…
Thesis Gold boosts investment return at Lawyers-Ranch project in BC
A new study combining Thesis Gold’s (TSXV: TAU; US-OTC: THSGF) Ranch gold-silver project in British Columbia with Lawyers, acquired through its takeover of Benchmark Metals last year, shows a 35% post-tax…
U.S. markets decline Apr. 17-21 as recession concerns beat earnings
U.S. markets fell slightly as investors weighed strong corporate earnings and declining inflation against the fall of the index of leading economic indicators to its lowest point in more than…
Teck attracts bids from Vale, Anglo American and Freeport
Teck Resources (TSX: TECK.A, TECK.B; NYSE: TECK) is said to have been approached by Vale (NYSE: VALE), Anglo American (LSE: AAL) and Freeport-McMoRan (NYSE: FCX) on potential deals for the…
Site visit: Prismo Metals’ Hot Breccia project blooms in Arizona copper belt
The helicopter arcs around the scrubland hills like the start of a M*A*S*H episode. Except these hills are in Arizona, not Korea, and they’re studded with giant saguaro cactuses on…