TSXV edges higher during June 12-16 trading week
The S&P/TSX Venture Composite Index gained 3.5 points or 0.6% over the June 12-16 trading session to end at 613.82. This week’s top value gainer was Los Andes Copper which…
United States
TSX closes higher during June 12-16 trading week
Over the June 12-16 trading period, the S&P/ TSX Composite Index inched 83.31 points or 0.42% higher, to 19,975.37. The S&P/TSX Global Mining Index gained 2.26 points or 2.1% to…
Albemarle to buy Lithium Power’s Australian unit
The miner scrapped the planned demerger of its Western Australian lithium assets in favour of a $21 million (A$30m) sale of the three projects to the US giant.
Global Copper Snapshot: Eight companies keen to plug the copper supply gap
Copper is critical for a lower carbon future but as deposits are becoming harder to find and a supply deficit looms, miners are keen to find new sources of the…
Chile offers lithium policy details; to tender permits in first half of 2024
Almost two months after Chile first announced a national lithium strategy, the government has published a 33-page document providing details on the policy’s objectives, schedule and main expected milestones. Copper…
Ivanhoe Mines invests in pulsed-power tech firm
Canada’s Ivanhoe Mines (TSX: IVN) has reached a deal to convert a loan balance of $76 million owed by High Power Exploration (HPX) into an equity investment in I-Pulse, HPX’s parent…
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…
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…
Expert insight: Lithium funding starts in the aquifer, says Zelandez
Securing investment for lithium brine projects rests on convincing investors of both the resource size and quality, and its strong net present value (NPV). Access to accurate and trustworthy data…
Labour costs will soon beat oil as mine’s biggest expense, new data indicate
Labour costs are replacing oil products as a mine’s most expensive item as inflation impacts operating expenses more than capital costs, new reports show. Wages for some copper and gold…
Video: Dundee’s process innovations help miners get greener
The mining and smelting industry has faced environmental risks for decades, but now new mineral extraction and metallurgical technologies are helping to mitigate them. Dundee Sustainable Technologies has developed two…
American indexes on the front foot during May 29-June 2 trading week
The Dow Jones Industrial Average added 580.28 points or 1.8% to 33,673.62 and the S&P 500 gained 87.7 points or 1% over the week to 4,293.13. Among the top gainers…