Sibanye-Stillwater ditches $1B Brazil copper and nickel deal
Sibanye-Stillwater (NYSE: SBSW; JSE: SSW) has walked away from a US$1 billion deal to acquire the Santa Rita nickel and Serrote copper mines in Brazil, which would have boosted its…
Copper
JV Article: CopperCorp targets iron-oxide copper-gold deposits in Tasmania, Australia on a district scale
Copper is a key commodity of the future, with demand forecast to outstrip supply over the next decade as the world ramps up the race to decarbonize and transition to…
Newcrest expands footprint in Canada with Pretium buy
Newcrest Mining (ASX, TSX: NCM) is expanding its footprint in Canada, particularly in British Columbia’s Golden Triangle, after shareholders in Pretium Resources approved the Australian miner’s bid for the company….
Capstone enters exploration deal with BHP Copper for project near Pinto Valley
Capstone Mining (TSX: CS) has entered into an 18-month agreement to conduct drilling and collect metallurgical samples at BHP Copper’s Copper Cities project, located 10 km east of Capstone’s Pinto…
Codelco adds 30 years to Andina copper mine
The Andina Transfer project turned the underground operation into an open pit mine located 3,500 metres above sea level, which holds 30% of Chile’s copper reserves.
Antofagasta says Chile water shortage to hit 2022 production
Chilean miner Antofagasta (LSE: ANTO) is expecting annual copper production for 2022 to be below last year’s levels, as operations continue to be impacted by the country’s longest drought in…
Adventus, Salazar secure $235.5M to advance Curipamba copper project
Adventus Mining (TSXV: ADZN; US-OTC: ADVZF) and Salazar Resources (TSXV: SRL; US-OTC: SRLZF) have secured financing of US$235.5 million with which to advance their Curipamba copper project in central Ecuador….
First Quantum agrees to pay US$375M a year in royalties to Panama
First Quantum Minerals (TSX: FM) has reached a deal with Panama’s government to increase royalty payments at the giant Cobre Panama copper mine, the company’s flagship operation. The Canadian miner’s…
Key insights from the inaugural Future Minerals Forum in Riyadh
Saudi Arabia is one of the world’s oil powerhouses, boasting the second-largest proven reserve of the slick stuff. Still, as the inaugural Future Minerals Forum recently held in Riyadh heard,…
First Quantum could face higher tax and royalty payments in Panama
First Quantum Minerals (TSX: FM) may have to pay more tax and an annual royalty payment that is eight times higher than the current one for their Cobre Panama copper mine in Panama as the company continues to negotiate a new contract…
From EV pickups to sedans, miners can bank on bright future
On January 5, General Motors CEO Mary Barra unveiled the Chevrolet Silverado electric pick-up truck at CES 2022, one of the most influential technology conferences in the world. The full-size…
Argentina seeks US$10 billion in mining exports by 2030
Argentina’s government is increasing efforts to attract foreign investor to its mining sector and boost the country’s metals and minerals output as a March deadline to restructure billions of dollars…