Copper price won’t top $11,000 for long: Goldman
Goldman Sachs Group is seeking to curb enthusiasm over copper’s record-breaking rally, saying the metal’s breakout above $11,000 a tonne is unlikely to last as global supplies remain adequate. In…
copper exploration
Ivanhoe sees 2026 Kakula copper output below 2024
Ivanhoe Mines (TSX: IVN; US-OTC: IVPAF) said copper output next year at its Kamoa-Kakula complex in the Democratic Republic of Congo should lag 2024 levels even as efforts to rehabilitate the…
Torex finds new high-grade gold zones near Media Luna
Torex Gold Resources (TSX: TXG; US-OTC: TORXF) said new drilling near its Media Luna underground mine in Mexico yielded high-grade zones west of the main deposit. Hole ML25-1088D in the…
Jansen ‘learnings’ key to limiting costs: BHP executive
BHP (NYSE, LSE, ASX: BHP) wants to use lessons from its maiden foray into potash production to ensure that a subsequent expansion of the facility is completed at or under…
Selkirk Copper’s drilling expands Minto high-grade zone
Selkirk Copper Mines (TSX-V: SCMI) said fresh drilling at the past-producing Minto copper-gold-silver mine in the Yukon has expanded a previously identified high-grade mineralized area in the property’s northwest zone….
Marimaca oxide project gets Chile environmental nod
Marimaca Copper (TSX: MARI, ASX: MC2) says it has received formal environmental approval to develop its flagship oxide project in northern Chile, placing it closer to construction-ready status. The Marimaca…
Solaris values Ecuador copper mine at $4.6B
Swiss mine developer Solaris Resources (TSX: SLS; NYSE: SLSR) says a prefeasibility study shows its Warintza copper-gold project in southeastern Ecuador would generate an after-tax net present value of $4.6 billion (C$6.4…
Osisko says Gaspé assays expand copper deposit
Osisko Metals (TSX: OM; US-OTC: OMZNF) said new drilling at its flagship Gaspé project in eastern Quebec yielded multiple occurrences of copper in the deposit’s core. Hole 30-1119 cut 46…
Could Barrick’s next CEO break up the company?
Spinning off Barrick Mining’s (TSX: ABX; NYSE: B) U.S. assets into a new company or exploring a merger with Newmont (NYSE: NEM) are some of the key options that the…
Aldebaran spins out greenfield assets in Argentina
Aldebaran Resources (TSXV: ALDE; US-OTC: ADBRF) has officially spun out its exploration-stage assets in northern Argentina while it continues to work on the more advanced Altar project in San Juan…
Freeport says all missing workers at Grasberg have died
Freeport-McMoRan (NYSE: FCX) said all seven workers who went missing at the Grasberg copper mine in eastern Indonesia during a mudslide that halted production at the site last month have…
DPM halts Ecuador gold project drilling amid protests
Drilling at DPM Metals’ (TSX, ASX: DPM) Loma Larga project in Ecuador has been put on hold following widespread protests, the Canadian miner said as it released a new study…