Vale weighs base metals IPO in three to four years
Vale (NYSE: VALE) is not seeking new partners for its Base Metals unit following a recent equity sale, but could consider an IPO for the unit within three or four years,…
Copper
Site visit: American Eagle Gold flying high on NAK copper-gold discovery
Explorer American Eagle Gold’s (TSXV: AE; US-OTC: AMEGF) NAK copper-gold discovery in British Columbia may be early stage, but the project has both investors and its own geologists excited. During…
Buenaventura suspends Peru mine on permitting delays
Buenaventura (NYSE: BVN), Peru’s top publicly traded precious-metals producer, has halted its Colquijirca’s Tajo Norte zinc-lead-silver mine for up to three years due to permitting delays. The approval of a modified…
Cordoba lands bridge financing for Alacran after sealing JV with China’s JCHX in May
Vancouver-based Cordoba Minerals (TSXV: CDB; US-OTC: CDBMF) has arranged US$8 million in bridge financing to advance its Alacran copper project in Colombia. Half of the amount (US$4 million) will be…
Taseko boosts copper production at Gibraltar mine after upping stake in March
Taseko Mines (TSX: TKO; NYSE-AM: TGB; LSE: TKO) reported on Wednesday that its flagship Gibraltar mine produced 25% more copper in the third quarter than the the second, owing to…
Barrick to invest US$2B in Zambia copper mine expansion
Barrick Gold (TSX: ABX; NYSE: GOLD) will invest almost $2 billion in an expansion of its Lumwana copper mine in Zambia, the company said on Wednesday. The project will increase…
Canadian Copper adds to Murray Brook resource ahead of PEA
Canadian Copper (CSE: CCI) has released a new resource estimate for its Murray Brook copper-zinc project near Bathurst, N.B. The company took a majority stake in Murray Brook earlier this…
Vale taps BluestOne to repurpose nickel refinery waste in Brazil
Vale (NYSE: VALE) has inked a commercial off-take and non-binding deal with BluestOne, a Brazilian company that transforms waste to products for agriculture, to extract materials from its Onça Puma…
Adventus, Salazar delay construction of Ecuador project
Adventus Mining (TSXV: ADZN) and Salazar Resources (TSXV: SRL) have delayed the start of construction at their US$250-million Curipamba-El Domo copper-gold project in Ecuador from October to the second quarter…
First Quantum’s Panama contract issues are minor: BMO
More contract negotiations between Panama’s government and First Quantum Minerals (TSX: FM) won’t impact operations at the giant Cobre Panama copper mine and should be resolved rapidly, an analyst says….
Canada, France boost critical minerals cooperation
The governments of Canada and France have agreed to work on deepening their bilateral cooperation on critical minerals, the group of key metals and minerals necessary for the world to…
BC Supreme Court rules Mineral Tenure Act not addressing Indigenous consultation duty
First Nations leaders praised the British Columbia Supreme Court’s recent ruling that the province must consult with Indigenous groups before granting mineral claims, upholding the Crown’s duty to consult. The…