Glencore trading profit poised for best-ever year
Glencore (LON: GLEN) said on Friday that the first-half year profit from its commodities trading unit is on track to achieve its annual earnings target in the first six months…
Copper
Miners must invest in critical minerals or risk energy transition
The world’s biggest miners need to aggressively invest in critical metals or will hold back the global energy transition away from fossil fuels, a new report shows. According to PwC’s 19th…
Geoscience BC deploys a brewery gas sensor to look for metals
Geoscience BC has successfully demonstrated how an ordinary brewery and greenhouse gas meter can aid in finding new mineralized deposits. The organization said on June 14, the made-in-British-Columbia device was…
PDAC 2022: Colombia pushes diversification of mining sector as presidential vote looms – interview
Just ahead of a runoff presidential election in Colombia that will determine current president Iván Duque’s successor, The Northern Miner caught up with the country’s Minister of Mines and Energy,…
Salazar, Adventus earmark $270m for Ecuador copper-gold project
Canada’s Adventus Mining (TSX-V: ADZN) and Salazar Resources (TSX-V: SRL) have reached a preliminary investment protection agreement (IPA) with Ecuador’s government for their Curipamba-El Domo copper and gold project. As part of…
Filo Mining discovers new porphyry copper-gold system from step-out drilling
Filo Mining (TSX: FIL; OTC: FLMMF) has discovered a new porphyry copper-gold centre along the Filo trend, about 2 km northeast of the Breccia 41 zone at its Filo del…
Base and Battery metals Snapshot: Eight companies to watch
As the world continues to electrify and concerns escalate around the supply of raw materials, including copper, zinc, lithium, and PGMs, required for the transition away from fossil fuels, base…
Anglo American takes on an industry-first sustainability-linked loan
Anglo American (LSE: AAL) has agreed to a US$100 million, 10-year loan from the International Finance Corporation in what is understood to be the mining industry’s first known sustainability-linked financing…
Gold & Precious Metals Snapshot: Eight companies advancing projects around the world
In recent years the uptick in the price of precious metals, particularly gold, has reinforced their reputation as a store of value and leading drivers of mining activity around the world….
Hudbay Minerals needs US$1.9B for Copper World project in Arizona
Canada’s Hudbay Minerals (TSX: HBM; NYSE: HBM) unveiled Wednesday a preliminary economic assessment (PEA) for its Copper World Complex in Arizona, which includes recently discovered deposits at the property as well as the…
EY’s business risks ranking key to energy transition supply response
The results of EY’s Top 10 Business Risks survey are in play as the industry considers a supply response to the wall of metal demand the energy revolution is generating,…
Ecuador positions itself as South America’s most promising mining frontier
Since taking office a year ago, President Guillermo Lasso has placed his chips firmly on mining to bring the investment and jobs needed to revitalize Ecuador’s economy. Under an…