Toronto Exchange to launch battery metals index
Canada’s Toronto Stock Exchange will launch on Tuesday a battery metals index to support the critical minerals sector and offer insights into the energy transition. The S&P/TSX Battery Metals Index…
Copper
BofA identifies the prime causes of violent metal short squeezes
New analysis published by Bank of America Global Research has found on-warrant metal inventories and net non-commercial positions as the leading metrics that could signal the risk of violent short…
Adventus, Salazar granted ESIA for copper-gold project in Ecuador
Salazar Resources (TSX-V: SRL) and Adventus Mining (TSX-V: ADZN) continue to expand their footprint in Ecuador with the government approving the environmental and social impact assessment (ESIA) for their Curipamba-El…
Quebrada Blanca 2: Teck’s ‘first big piece’ to realign its energy goals
With the aim of rebalancing its portfolio towards metals needed for the world’s energy transition, Teck Resources (TSX: TECK.A/TECK.B; NYSE: TECK) will look to finish building its biggest ever project,…
Colombia miners brace for environmental crackdown
Miners operating in Colombia are bracing for tighter environmental rules as the two anti-establishment presidential candidates that made it to a runoff on June 19, have promised stricter environmental rules…
Demand for green metals from recycling expected to grow – report
As the ESG spotlight shifts onto the mining and metals sector, there is increased interest in recycling as a source of green metals, a recent report by White & Case…
China drags down entire industrials metals complex – Fitch report
Analysts expect slowing Chinese GDP growth to weigh on most metals prices in the near term. However, they also note strong fundamentals providing optimism for metal prices to see some…
Equinox and Sandstorm create new royalty company
Equinox Gold (TSX: EQX) and Sandstorm Gold (TSX: SSL; NYSE: SAND) are creating a new diversified metals royalty company — Sandbox Royalties — which will combine assets in the Americas…
New drilling expands near-surface zone flagged for starter pit potential at Solaris Resources’ Warintza in Ecuador
Solaris Resources (TSX: SLS) has reported assay results from six holes aimed at upgrading and growing the resources at its Warintza copper porphyry project in southeastern Ecuador. Highlights from the…
New drill results from Kerkasha project in Eritrea suggest large gold discovery, says Alpha
Alpha Exploration (TSXV: ALEX) has reported drill results from its first campaign on the Aburna gold prospect, part of the company’s Kerkasha project in Eritrea, based on which it expects…
Higher prices do not incentivize more production: BofA report
Higher commodity prices are not high enough to incentivize new production to come online, as slowing demand from China weighs heavy, especially on copper. Bank of America recently hosted its…
Hudbay Minerals allowed to move Arizona copper project forward
Canada’s Hudbay Minerals (TSX, NYSE: HBM) has scored a small but key win in the United States after an Arizona judge ruled in favour of the company’s planned Copper World mine….