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…
HudBay Minerals
Hudbay, unions reach deal for Arizona copper project
Canada’s Hudbay Minerals (TSX, NYSE: HBM) has reached a labour agreement with union leaders to construct the Copper World mine in Arizona. The agreement marks a key step in the…
Explaining the copper conundrum
Arguably, no one is more aware of the coming copper shortage than copper miners themselves. Glencore CEO Gary Nagle warned in late 2022 — just months before the company made…
Alamos Gold fell victim to cyberattack last year – report
Alamos Gold (TSX: AGI; NYSE: AGI) fell victim to a cyberattack last year that saw confidential corporate data get disclosed to the public, according to an exclusive scoop by Toronto-based…
Crude Anglo American email highlights cyber-hack threat
Subscribers to global miner Anglo American’s (LSE: AAL) email newsletter service might have received an eyebrow-raising message from the company on Monday telling them to “GO F**K YOURSELF.” The company’s…
Ex-FBI leader advises Fenix nickel mine in Guatemala after US drops sanctions
A former FBI director is helping a billion-dollar nickel mine in Guatemala reopen after United States sanctions shut it for alleged Russian bribery. Louis Freeh, who ran the bureau from…
Hudbay to release more realistic Copper Mountain plan
Hudbay Minerals (TSX: HBM; NYSE: HB) plans to publish a new technical report and mine plan for its recently acquired Copper Mountain mine in B.C. that will pull back overly…
Site visit: Grid Metals reduces China risk for lithium project in Manitoba
Grid Metals (TSXV: GRDM; US-OTC: MSMGF) has got a plan B to start producing battery metal in case Ottawa torpedoes its leading option with China’s Sinomine Resources. Toronto-based Grid is in…
CMS: State should ‘stay out of the way,’ Garofalo says
Investors must back junior explorers to reverse the global trend of falling gold production while governments should give the industry leeway, Gold Royalty (NYSE: GROY) CEO David Garofalo says. The…
Manitoba declares itself Canada’s ‘critical metals Costco’
In announcing her Progressive Conservative Party’s new Critical Minerals Strategy in late July, Manitoba Premier Heather Stefanson declared the Prairie province open for mining business. “Manitoba is like the Costco…
Hudbay’s ‘enhanced’ Copper World prefeasibility gets mixed reviews
Hudbay Minerals’ (TSX: HBM; NYSE: HBM) updated prefeasibility study for the first phase of its Copper World project in Arizona has improved its economics and extended the mine life compared…
Hudbay Minerals closes second quarter with $14.9 million loss
Hudbay Minerals (TSX: HBM; NYSE: HBM) reported a net loss of $14.9 million in the second quarter of the year as the Canadian company allocated resources to the acquisition of…