Codelco CEO leaves as copper giant faces lithium role, output slump
Codelco’s copper production has fallen this year more than 11% to at a 25-year low, despite investing about $3.5 billion a year to revamp its aging mines.
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Hudbay Minerals, Copper Mountain shareholders approve merger
Hudbay Minerals (TSX: HBM; NYSE: HBM) and Copper Mountain Mining (TSX: CMMC) shareholders have approved the resolutions required to complete their planned merger. The deal hands Hudbay the Copper Mountain…
Cornish Metals to start dewatering South Crofty tin-copper mine
Cornish Metals (TSXV: CUSN; LSE: CUSN) is ready to start dewatering at its South Crofty tin-copper project in Cornwall, southwest England, as it moves closer to reopening the past producing mine….
EV Nickel doubles Shaw Dome resource near Timmins
An updated resource at EV Nickel’s (TSXV: EVNI) Shaw Dome project in northern Ontario adds more than 24 million tonnes of contained metal to the W4 deposit over a previous…
Fireweed names Mactung largest high-grade tungsten deposit in the world
Fireweed Metals (TSXV: FWZ; US-OTC: FWEDF) has released a new resource estimate for its Mactung tungsten project in the Yukon and Northwest Territories that confirms it as one of the…
Podcast: ‘It’s a frontier business’—Fortuna Silver CEO Ganoza on South America, Africa
In this week’s episode, we’re joined by Jorge Ganoza, co-founder, president, and CEO of Fortuna Silver Mines in conversation with host Adrian Pocobelli. Ganoza delves into the unique complexities Fortuna…
Canadian Copper grabs majority stake in Murray Brook VMS project in New Brunswick
Canadian Copper (CSE: CCI) is acquiring a 72% stake in the Murray Brook project, located in New Brunswick’s Bathurst mining camp, from Votorantim Metals Canada. In return for the majority…
CanAlaska to drill Geikie uranium project, plans nickel spinout
CanAlaska Uranium (TSXV: CVV; US-OTC: CVVUF) has begun mobilizing its field team, drill crew and equipment to it’s 60%-owned Geikie uranium project in Saskatchewan’s Athabasca Basin, an area that currently…
Lithium Americas produces first carbonate at Argentina’s Caucharí-Olaroz
Lithium Americas (TSX: LAC; NYSE: LAC) has produced its first lithium carbonate at the Caucharí-Olaroz project in Argentina’s Jujuy province. While the material is not battery-quality, the miner noted that…
Rio Tinto plans $1.4B expansion of aluminum smelter in Quebec
Rio Tinto (NYSE: RTP; LSE: RIO; ASX: RIO) is planning a $1.4-billion expansion of its AP60 aluminum smelter equipped with low-carbon technology at Jonquiere, Que. The expansion will coincide with…
TNM Drill Down: Canada’s East Coast delivers week’s best gold assays
Our TNM Drill Down features highlights of the top gold assays of the past week (June 2 – June 9). Drill holes are ranked by gold grade x width, as…
Arizona Metals probes copper-gold deposit at decades dormant Kay Mine
Arizona Metals (TSX: AMC; US-OTC: AZMCF) says its latest drill results show the potential to expand the old Kay Mine copper-gold deposit in Arizona, which hasn’t been mined in almost…