Agnico to invest $14B in Ontario, province says
Agnico Eagle Mines (TSX, NYSE: AEM) plans to spend $14 billion (US$10.2 billion) in Ontario by 2030 as the province moves to accelerate mine permitting and development, the government said…
copper
NGEx hits 208g gold at Lunahuasi project in Argentina
NGEx Minerals (TSX: NGEX; US-OTC: NGXXF) reported ultra-high-grade gold assays from its Lunahuasi copper-gold-silver project in Argentina as the explorer continues to define one of the richest emerging systems in…
San Lorenzo hits all-time high on Chile gold assays
San Lorenzo Gold (TSXV: SLG) soared to a record intraday high after the Canadian explorer said new drilling on the Arco de Oro target at its primary Salvadora project in…
Geopolitical shocks build copper’s bull case: Sprott
The investment thesis for copper is only getting stronger amid renewed emphasis on energy security and growing concerns over supply as the cost of metal production surges, according to Sprott…
Trump reverses Minnesota mining ban
United States President Donald Trump overturned a 2023 decision by the Biden administration that had placed a 20-year ban on mining and geothermal leasing across more than 910 sq. km…
Luca says drilling expands Campo Morado footprint
New drilling at Luca Mining’s (TSXV: LUCA) Campo Morado polymetallic mine in Mexico’s Guerrero State has expanded high-grade mineralization beyond the deposit’s current resource footprint. Hole CMUG-26-38 in the Largo…
Trilogy to seek FAST-41 status for Alaska copper project
Trilogy Metals (TSX: TMQ; NYSE-A: TMQ) said its Ambler Metals joint venture will seek inclusion under the FAST-41 speedy permits program for its Arctic copper-zinc-lead-gold-silver project in Alaska after kicking…
Copper price: Goldman maintains year-end forecast, Traxys sees $15,000 per tonne
Copper held firm above the $13,200-a-tonne level on Wednesday amid elevated supply risks caused by the ongoing war in the Middle East and optimism over its demand. Prices briefly surpassed…
Morgan Stanley flags five miners in space value chain
With a potential initial public offering (IPO) of SpaceX drawing closer, investors are increasingly turning their attention to the broader space economy and the companies positioned to benefit from its…
US Senate vote unlocks huge Antofagasta copper project in Minnesota
The United States Senate narrowly voted to overturn a longstanding mining ban on public lands in northern Minnesota, a move that could revive development of one of the country’s largest…
Prolonged Hormuz Strait closure would have ‘profound’ impact on mining: Friedland
Ivanhoe Mines (TSX: IVN) founder and co-chairman Robert Friedland is warning that a prolonged closure Strait of Hormuz would have a “profound” effect on global supply chains, hobbling copper producers…
Panama moves to unlock copper from First Quantum mine
Panama is set to authorize the removal and processing of stockpiled ore at First Quantum’s (TSX: FM) shuttered Cobre Panama copper mine, marking a key step in managing the idled operation….