TSX, TSXV miners raise most cash in a decade
The amount of money raised for mining on Canada’s leading stock markets the TSX and its Venture Exchange jumped 62% in this year’s first half compared with 2023’s same period,…
First Quantum Minerals
Agnico, Barrick dominate top Canadian miners
Agnico Eagle Mines (TSX: AEM; NYSE: AEM), which tops our list of Canadian miners by market value at $51.4 billion in late July, runs the country’s biggest gold mines by output:…
Zambian copper goals face challenges despite billions pouring in
Zambia wants to increase copper output to 1 million tonnes by 2027 as billions of dollars in investments flow to the African country and the regional mining belt it’s part…
Orla files for arbitration against Panama and First Quantum could be next
Vancouver-based Orla Mining (TSX: OLA; NYSE: ORLA) has filed for international arbitration against Panama over the cancellation of permits for its Cerro Quema gold project. The company is seeking damages…
First Quantum shares gain after Panama orders copper mine audit
Shares in First Quantum Minerals (TSX: FM) rose 6.7% on Wednesday after Panama’s new president José Raúl Mulino said this week he would order an environmental study of the Cobre Panama…
Gold, copper equities to rise, metals flat: analysts
Stocks in certain gold and copper producers are expected to gain this year even as a surge in the metals’ prices subsides, BMO Capital Markets says. Investors may seek attractive…
Copper price slides from record on Chinese stockpiles
The price of copper has slid from its record high after China’s real estate turmoil increased storage of the wiring and plumbing metal. A pound of copper was at US$4.376…
JV Article: Midnight Sun Mining partners with KoBold Metals, First Quantum
In February, Midnight Sun Mining (TSXV: MMA) teamed up with KoBold Metals, a privately held U.S. AI-driven mining and exploration company backed by technology investors including Bill Gates and Silicon…
Zijin Mining to produce 50% more copper by 2028
China’s top copper producer Zijin Mining expects to produce 4% more copper in 2025 than previously planned to profit from the metal’s price ongoing rally, driven by anticipated supply shortages….
Billionaire-backed KoBold, Midnight Sun team up for Zambia copper discovery
KoBold Metals, a U.S.-based startup supported by high-profile investors such as Bill Gates and Jeff Bezos, is venturing into Zambia’s rich copper belt. In February it partnered with Canada’s Midnight…
Golden Minerals sells Mexico mines in shift to Argentina
Golden Minerals (NYSE-A: AUMN, TSX: AUMN) announced on Friday it has sold its primary assets in Mexico comprising the Velardeña properties in Durango state that it briefly brought back to…
First Quantum to shut Ravensthorpe nickel mine
Canadian miner First Quantum Minerals (TSX: FM) has decided to close its Ravensthorpe nickel operation in Western Australia. The ceasing of operations at the mine this week will cut around…