RANKED: World’s top 10 copper mining projects – 2022
Copper, often called the bellwether metal as a barometer of global economic health, is a metal vital to the green energy transition. Demand has been growing for the red metal,…
Copper
First Quantum hopes for speedy Cobre Panama contract renewal
First Quantum Minerals (TSX: FM) is hoping a new contract for its flagship copper mine in Panama will be approved soon, after negotiations with the government ended last month, with…
World Copper PEA for Escalones offers post-tax NPV of US$1.5B, payback in 2.2 years
World Copper (TSXV: WCU; US-OTC; WCUFF) has released a positive preliminary economic assessment for its Escalones copper project. The property is within the renowned Chilean porphyry copper bet that runs…
Foran Mining receives key permit for McIlvenna Bay decline, bulk sampling
Foran Mining (TSXV: FOM; US-OTC: FMCXF) has received the initial permits allowing it to begin development of an exploration decline as part of its pre-development program at the 100%-owned McIlvenna…
American Pacific Mining rides high on third round of Madison drilling
Despite coming off recent highs, the Toronto-quoted shares in copper explorer American Pacific Mining (CSE: USGD; US-OTCQB: USGDF) continue to trade nearly 520% higher over the 12-month frame following a…
Barrick grows net reserves to 69Moz at improved grade
Barrick Gold Corporation (TSX: ABX; NYSE: GOLD) says it has succeeded in replacing its global gold reserve base by 150% before accounting for acquisition and equity changes at its South…
Gates, Bezos-backed firm gets cash injection to find battery metals
KoBold Metals, a start-up backed by a coalition of billionaires including Bill Gates and Jeff Bezos, has raised $192.5 million in its latest financing round, which will allow it to speed…
Advanced Marimaca project still in the ‘early stages of discovery,’ says CEO
Marimaca Copper (TSX: MARI) is confident its namesake discovery in northern Chile near Antofagasta is still in the discovery phase despite a feasibility study forthcoming by year-end and a construction…
BC rejects permit for Morrison copper-gold mine, again
The Canadian province of British Columbia has once again denied an environmental permit for the proposed Morrison copper-gold mine on a First Nation’s territory, citing potential risks to water quality…
BHP to cut emissions by 30% with first LNG-powered bulk carrier
BHP (NYSE: BHP; LSE: BHP; ASX: BHP) has taken a key step towards its goal of reaching net-zero by 2050 after receiving the first of five LNG-powered carriers to transport…
MMG to halt Las Bambas copper mine by Feb 20 amid fresh blockade
MMG (HKG: 1208) said today that it will have to halt production at its Las Bambas copper mine in Peru by February 20, following a new blockade of the road…
Peru copper output up almost 7% despite social unrest
Copper output in Peru, the world’s second-largest producer after Chile, increased almost 7% to 2.3 million tonnes in 2021 despite several protests that paralyzed some of the country’s key operations. …