Goldman Sachs calls copper “the new oil”
In a new report on copper, global investment bank Goldman Sachs says meeting the Paris climate goals and supporting the green transition away from fossil fuels and towards electrification will…
Copper
Glencore shareholders revolt over CEO’s pay
Proxy adviser Glass Lewis, one of Glencore’s (LSE: GLEN) top shareholders, is pushing investors to vote against the company’s plans to pay its new chief executive Gary Nagle up to…
Anglo American to run South America mines 100% on renewables
Anglo American (LSE: AAL) has signed a deal to run its Quellaveco copper mine in Peru 100% on renewables, effectively allowing the miner to deliver on its promise of powering all…
CRU World Copper Conference: Friedland on the new world order
Robert Friedland, the founder and executive co-chairman of Ivanhoe Mines (TSX: IVN; US-OTC: IVPAF) gave a keynote presentation at this year’s virtual CRU World Copper Conference. Filmed from his home…
HighGold Mining steps out Johnson Tract in Alaska
Final results for nine holes drilled as part of a 16,418-metre, 32-hole drill program completed last year at HighGold Mining’s (TSXV: HIGH; US-OTC: HGGOF) gold-polymetallic project in southcentral Alaska expand…
Pro-foreign investment Lasso wins Ecuador presidential election
Guillermo Lasso, a 66-year-old conservative former banker, has won Ecuador’s presidential election with 52.5% of the vote, beating out Andrés Arauz, a 36-year-old leftist handpicked by former President Rafael Correa….
In the midst of a presidential election, Peru mining sector reports mixed results
Codelco takes Ecuador to arbitration over stalled joint project
Chile’s copper giant has requested international arbitration with Ecuador and its state-miner over the Llurimagua project.
Rio Tinto, Turquoise Hill strike funding deal for Oyu Tolgoi
The binding agreement ends a long-dragged standoff between the companies over funding for an expansion of the copper-gold mine in Mongolia.
Troilus expands Southwest zone on strike and down-dip
Drilling at the Southwest zone, 2.5 km southwest of the main mineral corridor at Troilus Gold’s (TSX: TLG) project in Quebec has stepped out the 2019 discovery by over 400…
Liberty Gold triples TV Tower resource in Turkey
Liberty Gold (TSX: LGD; US-OTC: LGDTF) has released a new resource estimate for its majority-owned TV Tower project in Turkey, tripling the existing resource on a gold-equivalent basis compared with…
Mason PEA from Hudbay suggests potential to double copper output
A preliminary economic assessment (PEA) on Hudbay Minerals’ (TSX: HBM; NYSE: HBM) Mason porphyry copper project in Nevada outlines a large-scale open pit operation that could become the third-largest copper…