Global Copper Snapshot: Eight companies keen to plug the copper supply gap
Copper is critical for a lower carbon future but as deposits are becoming harder to find and a supply deficit looms, miners are keen to find new sources of the…
Copper
Chile offers lithium policy details; to tender permits in first half of 2024
Almost two months after Chile first announced a national lithium strategy, the government has published a 33-page document providing details on the policy’s objectives, schedule and main expected milestones. Copper…
Los Andes Copper stock rises on Chilean court ruling
Los Andes Copper (TSXV: LA; US-OTC: LSANF) has been authorized to restart drilling at its flagship Vizcachitas project in Chile following a court ruling that lifted an injunction against the…
Ivanhoe Mines invests in pulsed-power tech firm
Canada’s Ivanhoe Mines (TSX: IVN) has reached a deal to convert a loan balance of $76 million owed by High Power Exploration (HPX) into an equity investment in I-Pulse, HPX’s parent…
Aston sees future in Arctic copper by dropping local processing in favour of ore sorting
Aston Bay Holdings (TSXV: BAY; US-OTC: ATBHF) and American West Metals (ASX: AW1) are betting on new methods to prove the economics of a copper project farther north in Canada’s…
Eldorado fully funded to complete Skouries build after EBRD invests $81.5M
Eldorado Gold (TSX: ELD) has closed the recently announced strategic investment of $81.5 million by the European Bank for Reconstruction and Development (EBRD). The institution bought 6.3 million shares at…
Surge Copper PEA outlines three-decade mine at Berg in BC
Surge Copper (TSXV: SURG; US-OTC: SRGXF) has released a preliminary economic assessment (PEA) for its Berg project in central British Columbia that outlines a long-life asset with total payable production…
Filo private placement for Argentine copper-gold project balloons to $130M
At the beginning of June, Filo Mining (TSX: FIL; NASDAQ: FIL) announced a $100-million non-brokered private placement in support of exploration and development at its Filo del Sol copper-gold project…
Codelco CEO leaves as copper giant faces lithium role, output slump
Codelco’s copper production has fallen this year more than 11% to at a 25-year low, despite investing about $3.5 billion a year to revamp its aging mines.
Hudbay Minerals, Copper Mountain shareholders approve merger
Hudbay Minerals (TSX: HBM; NYSE: HBM) and Copper Mountain Mining (TSX: CMMC) shareholders have approved the resolutions required to complete their planned merger. The deal hands Hudbay the Copper Mountain…
Cornish Metals to start dewatering South Crofty tin-copper mine
Cornish Metals (TSXV: CUSN; LSE: CUSN) is ready to start dewatering at its South Crofty tin-copper project in Cornwall, southwest England, as it moves closer to reopening the past producing mine….
Canadian Copper grabs majority stake in Murray Brook VMS project in New Brunswick
Canadian Copper (CSE: CCI) is acquiring a 72% stake in the Murray Brook project, located in New Brunswick’s Bathurst mining camp, from Votorantim Metals Canada. In return for the majority…