TSX, TSXV miners raise most cash in a decade
The amount of money raised for mining on Canada’s leading stock markets the TSX and its Venture Exchange jumped 62% in this year’s first half compared with 2023’s same period,…
Copper
Glencore scraps coal exit plan on investors’ pressure
Glencore (LSE: GLEN) followed shareholder opposition and scrapped on Wednesday plans to separate its coal division, which it had announced following its acquisition of assets last year from Teck Resources…
Video: Magna Mining starts bulk sampling at Crean Hill near Sudbury
Magna Mining (TSXV: NICU; US-OTC: MGMNF) is starting a 20,000-tonne bulk sampling program at its Crean Hill nickel project in Ontario’s Sudbury Basin for processing at Glencore’s (LSE: GLEN) Strathcona…
Top 10: Freeport-McMoRan, Southern Copper lead US miners in size, profits
Freeport-McMoRan (NYSE: FCX) and Southern Copper (NYSE: SCCO) top the list of U.S. mining companies by market capitalization and net income as two titans of the copper sector. Freeport-McMoRan is…
Glencore to pay US$152M in bribery case
Commodities giant was fined by Swiss authorities for not preventing a business partner from bribing a Congolese official in 2011.
Confusion and consternation on critical minerals
What started out as optimism two years ago when the federal government turned its eye to critical minerals, introducing a strategy, incentives and funding, and pledging faster permitting for mines,…
Video: Chakana Copper aims to grow Soledad resource, CEO says
Chakana Copper (TSXV: PERU; US-OTC: CHKKF) aims to expand its initial Soledad copper, gold and silver resource in Peru to 10 million tonnes before wrapping an economic study around it,…
Agnico, Barrick dominate top Canadian miners
Agnico Eagle Mines (TSX: AEM; NYSE: AEM), which tops our list of Canadian miners by market value at $51.4 billion in late July, runs the country’s biggest gold mines by output:…
Video: Marimaca Copper aims at low-cost production in Chile’s Antofagasta
At a time when most copper projects are struggling with soaring capital costs, Marimaca Copper (TSX: MARI; US-OTC: MARIF) expects its eponymous oxide project in Chile’s Atacama Desert to break the mould…
BHP turns to mediation to avoid strike at Escondida
BHP (ASX: BHP; LSE: BHP; NYSE: BHP) plans to request the Chilean government mediate in talks with union leaders at Escondida to avert a strike at the operation, the world’s…
Gold Fields buys into Torq’s copper project in Chile
Gold Fields (NYSE: GFI; JSE: GFI) may invest US$48 million to advance Torq Resources’ (TSXV: TORQ; OTC: TRBMF) early-stage Santa Cecilia copper-gold project in Chile, according to a preliminary joint venture agreement. …
Capstone Copper balances higher value, costs in updated Santo Domingo study
Capstone Copper (TSX: CS; ASX: CSC) increased the net present value of its fully-permitted Santo Domingo copper-iron-gold project in Chile by nearly a third while capital costs rose by more…