Vale evaluates offers for $2.5B base metals unit
Vale (NYSE: VALE), one the world’s largest iron ore miner and the top nickel producer, has shortlisted suitors for a 10% of its base metals business estimated to be worth…
Copper
First Quantum to appeal Panama order to halt giant copper mine
First Quantum Minerals (TSX: FM) said on Tuesday it planned to appeal an order by Panama’s government to halt its giant copper mine in the country as the two sides…
Ivanhoe hits upper end of 2022 guidance at Kamoa-Kakula in DRC
Ivanhoe Mines‘ (TSX: IVN; OTC: IVPAF) flagship Kamoa-Kakula mining complex in the Democratic Republic of the Congo (DRC) produced a total of 333,497 tonnes of copper concentrate during the past…
US stocks gain over first trading week of 2023
U.S. markets rose moderately last week after investors digested mixed news on the work front. Markets initially retreated after employers added 223,000 jobs in December, more than analysts expected, which…
TSX gains 2% in year’s first trading week
Markets got off to a good start in 2023 with the S&P/TSX Composite Index rising 429.59 points or 2.2% to finish the holiday shortened Jan. 3-6 trading week at 19,814.51….
BC, Yukon and NWT snapshot: Eight companies to watch
Northwestern Canada is a vast hub for mineral exploration and mining. Here’s a glimpse of eight companies exploring for precious and base metals in British Columbia, Yukon and the Northwest…
Anglo Asian Mining invests again in Libero Copper
Gold, copper and silver producer Anglo Asian Mining (LSE: AAZ), has made a third investment in Canada’s Libero Copper & Gold (TSXV: LBC), which focuses on finding copper assets in…
Copper Mountain reopens mine after ransomware attack
Copper Mountain Mining (TSX: CMMC; ASX: C6C) said it reopened its mine in southern British Columbia this week following a Dec. 27 ransomware attack that left deliveries unaffected. The Vancouver-based…
The View from England: When copper production was dominated by the Welsh
The U.K. no longer springs to mind as a mining giant, but we used to have a dominant role in the global industry. The extraction of non-ferrous metals on these…
Roundup Preview: BC mining and exploration off to a strong start after tumultuous 2022
With high interest rates, high inflation and reduced access to finance, 2022 was a challenging year for the mineral exploration sector. But unofficial financial numbers point to a solid start…
Nexa Resources halts Peru zinc mine amid blockade
Latin America-focused Nexa Resources (NYSE: NEXA) has suspended production at its Atacocha San Gerardo open pit zinc mine in Peru after a road blockade was erected on Dec. 27 by a local Machcan community….
Battery metal binge outweighs cost hikes at PolyMet copper-nickel project in Minnesota
Surging demand for battery metals is offsetting increased costs to build PolyMet Mining’s (TSX: POM) copper-nickel project in northeastern Minnesota, according to new estimates. Developing the first phase of the…