US unveils $2B of financing commitments for mining
United States President Donald Trump on Friday announced more than $2 billion (C$2.8 billion) in financing pledges for critical minerals and other mining projects that he says will help the…
copper exploration
NGEx to spin out South American exploration company
NGEx Minerals (TSX: NGEX; US-OTC: NGXXF) plans to spin out its Valle Ancho copper-gold project into a new company – a move that will let the Canadian developer concentrate on…
Luca sees resource growth potential at Campo Morado
New drilling by Luca Mining (TSXV: LUCA; US-OTC: LUCMF) at its Campo Morado polymetallic mine in Mexico’s Guerrero State hints at the possibility of increasing near-mine resources and extending mine life….
Codelco’s El Teniente setback deepens copper fears
Codelco’s decision to suspend development of the Andes Norte section at its flagship El Teniente mine could last as long as two years, according to a union leader, compounding production…
First Quantum adds 1,000 jobs as Cobre Panama restart nears
First Quantum Minerals (TSX: FM) stepped up preparations to restart its Cobre Panama mine by beginning stockpile processing ahead of schedule and adding about 1,000 jobs. Formal negotiations with Panama…
Evolution to buy Carnaby in $149M copper-gold deal
Evolution Mining (ASX: EVN) agreed to buy Carnaby Resources (ASX: CNB) in an all-stock deal valued at about A$213 million (US$149 million) that would give the Australian gold producer a…
Southern Copper maps route to over 1M tonnes by 2029
Southern Copper (NYSE: SCCO) expects copper production to surpass one million tonnes by 2029 as its flagship Tia Maria project nears the halfway mark, reinforcing the miner’s confidence in a…
London Gold offers $25M for Bolivia-focused Bocana
Privately held London Gold LLC is moving towards a $25 million (C$35 million) cash and stock deal for Americas-focused explorer Bocana Resources (TSXV: BOCA), which holds the Escala project in…
First Quantum explores Taca Taca stake sale: report
First Quantum Minerals (TSX: FM) is exploring the sale of a minority stake in its giant Taca Taca copper project in Argentina as the world’s largest miners and strategic investors…
Codelco chair puts profit ahead of copper output
Chile’s state-owned copper giant Codelco will prioritize profitability over production growth as it confronts heavy debt, declining output and governance challenges under new chairman Bernardo Fontaine. Fontaine, who became chairman…
Canada’s 20-year mine timeline hits multibillion-dollar wall: report
Canada’s lengthy mine development process is putting billions of dollars in potential critical minerals investment at risk as competing jurisdictions move projects into production years faster, a new study suggests….
Mogotes says drilling expands Andes copper-gold target
New drilling by Mogotes Metals (TSXV: MOG) has expanded the company’s Albor target at the Filo Sur copper project in the Vicuña district on the Argentina-Chile border. Hole FS_DDH_016 cut…