Biggest copper project in decades begins production
Ivanhoe Mines (TSX: IVN; US-OTC: IVPAF) has begun producing copper concentrate at its Kamoa-Kakula project in the Democratic Republic of the Congo (DRC) months ahead of schedule as the metal…
Copper
Global Mining Symposium: Evolution Mining’s Jake Klein on margins over volume
In the first six months of fiscal 2021, Evolution Mining (ASX: EVN) banked over 50% of every ounce of gold it produced in terms of its EBITDA margins, posted a…
First Cobalt more than doubles holdings in Idaho
It has added Phoenix Copper’s Redcastle asset to its Iron Creek cobalt project through an earn-in agreement for 224 hectares of property, expanding its land position to over 1,820 hectares.
Global Mining Symposium: Manitoba’s vast under-explored mineral wealth has much to offer, panel says
Manitoba has ranked in the top 20 of the Fraser Institute’s annual list of the most attractive mining jurisdictions for 21 of the last 23 years, and has an exceptional…
SQM shuns fears of higher taxes in Chile, fast-tracks expansions
SQM (NYSE: SQM), the world’s No. 2 producer of lithium, doesn’t seem worried about potential higher taxes for miners in copper powerhouse Chile, as it is pushing ahead with planned…
Imperial Metals launches $60.2M rights offering
British Columbia-focused base metals producer Imperial Metals (TSX: III) has announced a rights offering to raise $60.2 million, (US$49.6 million) which it will use to fund its portion of work…
Canada has “right ingredients” to be EV battery leader
Canada has a “once-in-generation” opportunity to establish itself as a major player in the global battery sector, but it needs to act fast to seize the opportunity, a new report reflecting the…
Rio Tinto, Antipa more than double JV deposit gold resource
Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) has more than doubled the inferred mineral resource of the Calibre gold deposit at its Citadel copper-gold project, a joint venture with…
Supercycle or bull market?
Soaring prices this month for copper and iron ore are leading some people to think that we are on the verge of a new supercycle. But as our new reporter…
Rio Tinto takes strategic stake in Western Copper and Gold
Rio Tinto Canada is investing $25.6 million for an 8% stake in Western Copper and Gold (TSX: WRN; NYSE-AM: WRN), which is advancing its copper-gold Casino project in the Yukon….
TSX Venture down, May 10-14
The S&P/TSX Venture Composite Index fell 2.47% to finish the trading week at 931.38. Spot gold increased by US$13.20 per oz., or 0.72%, to US$1,843.90 per ounce. Filo Mining jumped $3.57…
World’s top 10 biggest copper mines
Copper, the highly conductive red metal vital to the manufacturing of products essential to the electrification of the world’s energy systems is also used in heating, cooling, electronics, power generation…