Aztec shares jump on Cervantes consolidation
The equity in Aztec Minerals (TSXV: AZT; US-OTCQB) jumped as much as 41.5% on Tuesday after it announced a deal with private concern Kootenay Silver Inc. to acquire a 100%…
Copper
Site visit: Marimaca Copper increasingly resource-confident on Chile oxide prospect
It’s about a two-hour flight north-northwest from the uber-developed Chilean capital of Santiago to reach the dusty airport just outside Antofagasta, a seaside city on the edge of the Atacama…
JV Article: Vortex Metals drill ready at potential next big copper-gold VMS discovery in Mexico
Copper is a metal vital to the world’s green energy transition – used in electrical wiring, appliances, computers, vehicle motors and smart phones. Demand can only grow – and market…
Codelco begins resuming work at halted projects after deaths
Chile state-owned copper miner Codelco has begun to gradually restart two of its ongoing growth projects, which were halted last week following the death of two workers this month at different…
Chile rejects second Anglo American project in two months
Anglo American (LSE: AAL) has suffered a new setback in Chile after the environmental commission of Valparaiso, Coeva, rejected the company’s US$40-million operational continuity project for its El Soldado copper…
The tough times will pass for boom-and-bust mining sector
I have been working with a great group of young professionals lately that have generated some interesting conversations. Some of them voiced fears and dismay at what the world is…
Kenorland Minerals options Alaska copper project to Antofagasta
Junior Kenorland Minerals (TSXV: KLD) has inked an earn-in agreement with Antofagasta (LSE: ANTO) that gives the Chilean miner an option to acquire a 70% interest in the Tanacross copper-gold…
Drought, operational issues bring down Antofagasta guidance
Chilean miner Antofagasta (LSE: ANTO) has lowered its full-year output target to 640,000-660,000 tonnes, after production was hindered from water shortages and a leak in an underground pipeline that transports concentrate…
Barrick, Pakistan set funding structure for Reko Diq copper-gold project
Barrick Gold (TSX: ABX; NYSE: GOLD) and the Pakistan government have agreed on the structure governing the funding and profit-sharing of the US$7 billion Reko Diq copper-gold deposit. The agreement in…
Higher copper prices needed to incentivize new production, says Stifel exec
The current and consensus forecast copper price levels are insufficient to incentivize the new supply that will be needed as the world moves to a fully electrified economy, a senior…
US markets flat over July 11-15 trading week
Over the July 11-15 trading week, the Dow Jones Industrial Average gained 113.23 points, or 0.36%, to 31,451.38, and the S&P 500 fell 8.27 points or 0.21% to 3,891.11. Shares…
TSX Venture falls during July 11-15 trading week
Over the July 11-15 trading week, the S&P/TSX Venture Composite Index fell 21.95 points or 3.7% to end at 584.43. Shares of IsoEnergy rose 21¢ to $3.03 during the trading…