Copper supply expected to move into deficit in 2021, says StoneX.
Copper was already trading near eight-year highs in January but prices for the red metal surged again in mid-February, with March contracts reaching US$4.12 per lb. on Feb. 22 –…
Copper
Nevada is the world’s new top mining destination
Nevada replaced iron ore-rich Western Australia as the most attractive mining jurisdiction according to the Fraser Institute.
JV Article: Solaris doubles drill program on major discovery at Warintza copper project in Ecuador
Solaris Resources (TSX: SLS) has doubled the drill campaign, from six rigs to 12, following a significant new discovery at its Warintza copper project in Ecuador’s main mining district in…
TSX posts modest dip, Feb. 15-19
The S&P/TSX Composite Index fell 75.93 points (0.41%) to finish the Feb. 15-19 trading week at 18,384.27. The Global Base Metals Index rose 10.2% to 169.75 and the Global Mining…
U.S. markets mixed, Feb. 15-19
The Dow Jones Industrial Average rose 35.92 points (0.11%) to 31,494.32 during the Feb. 15-19 trading week and the S&P500 fell 28.12 points (0.72%) to 3,906.71. Spot gold finished the…
TSX Venture rises, Feb. 15-19
The S&P/TSX Venture Composite Index climbed 2.92% to finish the Feb. 15-19 trading week at 1,067.44. Spot gold fell US$39.70 per oz. (2.2%) to finish the trading week at US$1,784.60…
Base and Battery Metals Snapshot: Eight companies pursuing critical minerals
Amidst a growing move towards electrification and emerging concerns about the sourcing of raw materials, base and battery metals exploration and development assets in North America are on investors’ radar…
Interview: Chile’s Minister of Mines and Energy prepares for new cycle of expansion
As copper prices hit their highest level in almost a decade, Chile’s mining industry is preparing for a new cycle of expansion. “We hope that if the price cycle remains…
Southern Ecuador’s Cuenca city bans new large-scale mining
Residents of the Southern Ecuador city of Cuenca have voted in favour of banning future large-scale mining activities in five nearby watershed zones – an area that stretches over 3,100…
Warintza project presents a “unique opportunity” says Solaris Resources’ Daniel Earle
Initial assays from the first drill program on the Warintza West zone at Solaris Resources’ (TSX: SLS; US-OTC: SLSSF) flagship Warintza project in Ecuador were “so exciting,” says President and…
Rio Tinto hands out biggest dividend ever; vows to tackle customers’ emissions
Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) has rewarded investors with the biggest dividend in its 148-year history and laid out plans to tackle the vast carbon footprint of its…
Ivanhoe hopes to repeat success at Kamoa-Kakula on Western Foreland licences
Ivanhoe Mines (TSX: IVN; US-OTC: IVPAF) expects to start producing copper concentrates in July from its Kamoa-Kakula underground mines in the Democratic Republic of the Congo and is confident it…