Glencore ups stake in Polymet to 82% through US$195M rights offering
PolyMet Mining (TSX: POM) says it has completed one of the largest rights offering on the market. Under the offering, PolyMet shareholders had the right to acquire roughly 0.91 of…
Copper
TSX drifts higher over holiday-shortened Apr. 3-6 trading week
Over the Good Friday-shortened Apr. 3-6 trading week, the S&P/TSX Composite Index inched up 96.8 points or 0.5% to 20,196.69. The S&P/TSX Global Mining Index added 0.41 points or 0.4%…
Mixed fortunes for the American indexes during Apr. 3-6 trading week
The Dow Jones Industrial Average gained 211.1 points or 0.6% to 33,485.29 and the S&P 500 fell 4.29 points or 0.1% over the week to 44,105.02. Franco-Nevada was the top…
Teck, Agnico close San Nicolás copper JV in Mexico
Agnico Eagle Mines (TSX: AEM; NYSE: AEM) and Teck Resources (TSX: TECK.A/TECK.B, NYSE: TECK) have closed their previously announced joint venture to advance the San Nicolás copper-zinc project in Mexico….
Anglo American to build green hydrogen hub in central Chile
Anglo American (LSE: AAL) has kicked off a program that aims to set a green hydrogen corridor in central Chile to accelerate the decarbonization of the country and transform the…
Newcrest, Harmony Gold ink deal to move Wafi-Golpu project forward
Newcrest Mining (ASX, TSX: NCM) and Harmony Gold (NYSE: HMY) said Thursday they have signed a framework agreement with the Papua New Guinea (PNG) government that sets key terms to jointly…
Site visit: Prismo Metals’ Hot Breccia project blooms in Arizona copper belt
The helicopter arcs around the scrubland hills like the start of a M*A*S*H episode. Except these hills are in Arizona, not Korea, and they’re studded with giant saguaro cactuses on…
Hudbay expects all state permits for Copper World this year, seeks JV partner
Hudbay Minerals (TSX: HBM; NYSE: HBM) has moved closer to developing its Copper World complex in Arizona as it now has confirmed that these deposits, which are situated on private…
Eldorado secures 80% of Skouries gold-copper project funding
Canada’s Eldorado Gold (TSX: ELD, NYSE: EGO) said on Wednesday it had secured previously announced €680 million (about $999 million) in financing facility for the development of its long-delayed Skouries…
NGEx shares shoot up 23% on new copper-gold discovery in Argentina
NGEx Minerals’ (TSXV: NGEX) shares surged Tuesday on results from the first drill program at its Potro Cliffs project in northwest Argentina that reveal a potential major new copper-gold system….
Arizona Sonoran receives latest permit at Cactus ahead of Q4 prefeasibility
Arizona Sonoran Copper (TSX: ASCU; US-OTC: ASCUF) has received the mined land reclamation permit from the Arizona State Mine Inspector’s Office for the Cactus mine project less than four months…
Teck produces first copper concentrate from QB2 in Chile
Teck Resources (TSX: TECK.A/TECK.B; NYSE: TECK) has produced the first bulk copper concentrate at its Quebrada Blanca Phase 2 (QB2) project in Chile as the project advances to full production…