Timeline: The Oyu Tolgoi saga
From discovery to blockade: the twists, deals and disputes behind Mongolia’s Oyu Tolgoi copper-gold mine.
Copper
Pirate Gold harpoons copper-gold hit at Moby Dick
Pirate Gold (TSXV: YARR; US-OTC: YARRF) has uncovered broad zones of copper-gold mineralization in its first holes at the Moby Dick target in central Newfoundland, pointing to a regional system,…
Major Newmont mine Cadia halted after quake: report
Underground operations at Newmont’s (NYSE, ASX: NEM) Cadia gold mine in Australia -– one of the country’s largest mining operations — have been suspended for the second time in nine…
Falco lifts Quebec gold-zinc project value to $3.3B
An updated feasibility study for Falco Resources’ (TSXV: FPC) Horne 5 polymetallic project in western Quebec more than triples the project’s value while the province said its environmental review is…
Rio Tinto’s Oyu Tolgoi resumes exports after blockade
Copper concentrate shipments from Rio Tinto’s (ASX, NYSE, LSE: RIO) Oyu Tolgoi mine resumed on Thursday, a day after protesters blocked a key transport route and threatened exports from one…
BHP to sell $1.5B Chile power lines in copper-first pivot
Mining giant BHP (ASX: BHP) is preparing to sell about $1.5 billion worth of power transmission assets in Chile as the world’s largest miner sharpens its focus on copper and…
Kristi Noem joins B.C copper junior as advisor
Kristi Noem, the former U.S. Secretary for Homeland Security, is entering the mining space as an advisor to a British Columbia-based junior. NovaRed Mining (CSE: NRED), which holds two early-stage…
Rio Tinto’s giant copper mine blocked: protesters halt Oyu Tolgoi exports
Protesters blocked copper concentrate exports from Rio Tinto’s (ASX, NYSE, LSE: RIO) Oyu Tolgoi mine on Wednesday, disrupting shipments from one of the world’s most important copper projects and renewing…
Canada offers Italy priority access to critical minerals
Prime Minister Mark Carney has offered Italy priority access to Canada’s critical mineral reserves as the two countries expanded cooperation on supply chains, defence and energy during talks at the…
The metals AI data centres need most aren’t inside them
The power grid, not the server room, is where the global data centre boom is driving metals demand, according to Wood Mackenzie. Grid reinforcement, transmission networks and on-site power systems…
Poland bets on copper boom as Lumina eyes new mines
Poland could more than double its copper production through planned mines by Canada’s Lumina Metals (TSX: LMCU), bolstering the country’s ambitions to become a leading supplier of a metal critical…
Berg value jumps, output expands in Surge Copper study, but costs rise
A prefeasibility study for Surge Copper’s (TSXV: SURG) Berg project in central British Columbia more than doubles the net present value (NPV) to C$4.6 billion while also doubling the initial…