Sandstorm Gold buys two royalty firms for US$1.1B
Canada’s Sandstorm Gold (TSX: SAND; NYSE: SAND) is growing in scale and size with the acquisitions of one royalty company and an extensive package from another for a combined total…
Copper
Antofagasta opens remote operations centre at Centinela mine
Chilean miner Antofagasta (LSE: ANTO) has opened a $66-million integrated remote operations centre (IROC) for its Centinela copper mine in the country’s north. The centre is expected to improve safety,…
Far North Snapshot: Eight companies venturing into the remote north for minerals
Although there are many examples of fabulously rich gold, diamond and base metals mines that have been developed in the Far North, the mineral potential of the northern reaches of…
Escondida holds top spot on list of the world’s biggest copper mines
Copper is a metal essential to construction, manufacturing industrial machinery and to the green energy transition — and demand is increasing worldwide. The copper price broke an all-time record intraday…
Osisko Metals reports inferred resource for Gaspé Copper in Quebec
Just one month after announcing a deal to acquire the Gaspé Copper project, near Murdochville, Que., Osisko Metals (TSX-V: OM; US-OTC: OMZNF) has announced an initial inferred resource estimate for…
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…
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…