Glencore hails trading unit outlook, cuts copper guidance
Miner and commodities trader Glencore (LSE: GLEN) touted on Thursday prospects for its trading unit, saying it faces another strong year as Russia’s invasion of Ukraine continues to drive up…
Copper
Teck strikes deal to earn into Chile copper project
Australia’s Golden Rim Resources (ASX: GMR) has executed an option and joint venture agreement with Teck Resources (TSX: TECK.A/TECK.B; NYSE: TECK), Canada’s largest diversified miner, to develop the Loreto copper…
Palladium One reports near 250% increase in indicated resource at LK in Finland
Palladium One Mining (TSXV: PDM; OTC: NKORF) has released a resource update on its 100% owned Läntinen Koillismaa (LK) PGE-copper-nickel project in north-central Finland that increases tonnage in the indicated…
Chile constitution drafters reject mining-adverse proposal
Chile’s constitutional assembly has rejected a proposal from the environmental committee seeking to tighten up rules related to the protection of the country’s natural resources, which would have hit the…
Codelco to create mining carbon footprint calculator
Chile’s Codelco, the world’s largest copper producer, is developing a free-to-use platform for suppliers to calculate their greenhouse gas emissions (GHG), a service the company said is not currently available in…
Los Pelambres expansion to cost Antofagasta US$900M more than planned
Chilean miner Antofagasta (LSE: ANTO) said on Thursday the ongoing expansion of its flagship Los Pelambres copper operation in the home country would cost US$2.2 billion, up from the previous…
Fortune Minerals confirms continuity of mineralization at NICO deposit
Fortune Minerals (TSX: FT; OTC: FTMDF) has released results from 2021 drilling on its wholly-owned NICO cobalt-gold-bismuth-copper property, including the confirmation of a new mineralized zone. The NICO project consists…
SolGold’s Cascabel aims to be ‘top 20’ mine in South America
SolGold (LSE: SOLG; TSX: SOLG) published on Wednesday a long-awaited prefeasibility study (PFS) for its Cascabel project in Ecuador, which states the asset has the potential to become one of the…
Element 29 drilling aims to verify historic copper resource at Flor de Cobre in Peru
Element 29 Resources (TSXV: ECU; US-OTC: EMTRF) has announced results from two of 11 holes it’s drilling this year to verify historical resources at its Flor de Cobre copper project in…
Libero shares jump on lengthy copper intercepts from Mocoa project in Colombia
Shares of Libero Copper & Gold (TSXV: LBC; US-OTC: LBCMF) reached their highest price in five years as the company released partial assay results from its first diamond drill hole…
Solaris’s resource boost for Warintza copper project beats analysts’ predictions
Solaris Resources (TSX: SLS; US-OTC: SLSSF) has posted an updated resource estimate for the Warintza Central deposit at its Warintza copper project in southeastern Ecuador that has expanded inferred tonnage…
Peruvian government to negotiate with communities opposing Glencore’s copper project
Peru’s Ministry of Environment and the southern Espinar province set up a dialogue process with the goal of finding solutions to the social and environmental problems locals say mining operations…