Rio Tinto to attempt producing low-carbon iron in Canada
Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) has teamed up with two European companies to explore production of low-emissions hot briquetted iron (HBI) in Canada, amid increasing pressure from…
News
RANKED: World’s top 10 copper projects
For decades, the global demand for copper has been rising steadily, having tripled over the past half-century according to the International Copper Study Group. Demand for copper – a metal…
Former Xstrata boss creates Vision Blue Resources and invests in NextSource Materials
Sir Mick Davis built Xstrata into one of the largest mining companies in the world before it was acquired by Glencore in 2013 and has raised more than US$40 billion…
Adriatic takes big strides forward at its brownfield projects in the Balkans
Adriatic Metals (LSE: ADT1; ASX: ADT) has “an interesting few years ahead,” says the company’s managing director and CEO Paul Cronin, as the junior explorer progresses its brownfield projects in Bosnia-Herzegovina…
Global Exploration Snapshot: Eight companies advancing projects around the world
With few mineral discoveries made over the past decade, the industry is now on the lookout for new deposits and future mines. Below, we provide an overview of eight companies,…
Steinmetz bets on Brazilian investigation against Vale
Israeli diamond and mining tycoon Beny Steinmetz is betting on Brazil’s authorities in his battle against Vale (NYSE: VALE). In January, the billionaire businessman was found guilty of bribing a…
Trilogy, South32 partner with Alaska to fund critical mine road
Ambler Metals, a joint venture between Canada’s Trilogy Metals (TSX, NYSE: TMQ) and Australia’s South32 (ASX: S32; LSE: S32), has inked a development funding agreement with the Alaska Industrial Development and Export…
Canaccord Genuity raises Q1 copper price forecast
Canaccord Genuity mining analyst Dalton Baretto has raised his copper price forecast for the first quarter from US$3.50 per lb. to US$3.75 per lb. “Given the average quarter to date…
Kinross reports record free cash flow, 2020 results in line with guidance
Toronto-based gold major Kinross Gold (TSX: K; NYSE: KGC) has released its fourth-quarter and year-end 2020 financial results. Production of 2.4 million gold-equivalent oz. for the year (624,032 oz. in…
Kutcho Copper grows copper-zinc resource ahead of feasibility release
Kutcho Copper (TSXV: KC; US-OTC: KCCFF) has released an updated resource for its Kutcho copper-zinc project in northwestern B.C. The latest resource features an 8% increase in measured and indicated…
Newcrest OK’s $135M exploration decline at Red Chris
As it works toward a resource update at the Red Chris mine, Newcrest Mining (TSX: NCM, ASX: NCM) has begun construction of the box cut for a new exploration decline…
Aspiration versus reality: What lies in store for platinum group metals over the next decade?
The rise in electric vehicle (EV) market share in the car industry may be accelerating as witnessed in the wave of announcements from Volvo, Volkswagen, General Motors, Ford, Nissan, Toyota,…