Lundin Mining shares plunge on Candelaria production guidance cut
The Toronto-listed shares of Lundin Mining (TSX: LUN) fell by more than 12% on Monday after the base metals company announced a near-14% drop in expected copper output at the…
Copper
GoldMining updates resource estimate for Whistler project in Alaska
GoldMining (TSX: GOLD; NYSE: GLDG) has released an updated resource estimate for its 100%-owned Whistler project in the Yentna mining district of Alaska, 150 km northwest of Anchorage. The updated resource includes…
Base metals demand expected to benefit from green revolution – report
A report by market researcher CRU Group forecasts that demand for zinc, copper, and nickel will continue to grow in the next two decades, particularly in China where government stimulus…
Taseko shakes management up as top bosses to retire
Canada’s Taseko Mines (TSX: TKO; NYSE-AM: TGB; LSE: TKO) is reshuffling responsibilities among some of its most senior executives, as the miner’s top boss, Russell Hallbauer, and the chief operating…
Wood Mackenzie boosts battery metals expertise with Roskill buy
Wood Mackenzie announced on Friday it had acquired Roskill, a privately-owned company and leader in metals and materials supply chain intelligence, boosting the consultancy’s expertise in energy transition. Neal Anderson,…
Serbia to become Europe’s no. 2 copper producer thanks to Cukaru Peki mine
Serbia Zijin Mining’s mine is expected to start production in the fourth quarter with an initial average copper output of 91,000 tonnes a year.
Copper Mountain Mining on runway to triple 2020 output
British Columbia-based Copper Mountain Mining (TSX: CMMC; ASX: C6C) is on a runway to triple 2020 production in the medium term, president and CEO Gil Clausen tells The Northern Miner….
Teck on track to double copper output by 2023, Don Lindsay says
Teck Resources (TSX: TECK.A/TECK-B; NYSE: TECK) is preparing to double its copper output by 2023 to take advantage of accelerated metal demand from global economic growth and the transition to…
TSX Ventures slips, June 7-11
The S&P/TSX Venture Composite Index slipped 0.17% to finish the trading week at 979.70. Spot gold fell by US$14.20 per oz., or 0.75%, to US$1,877.80 per ounce. Callinex Mines climbed 74¢…
Jetti Resources’ technology could help unlock millions of tonnes of copper from tailings
A new technology by Jetti Resources that can be used to extract copper from mine waste could be a “game-changer” for the copper industry, says Mike Outwin, Jetti’s CEO and…
Leftist Castillo emerges as likely winner of Peru’s contested presidential election
Socialist candidate Pedro Castillo is emerging as the winner of Peru’s June 6 presidential elections, with 99.6% of the votes counted. According to the latest update, Castillo had about 50.2%…
Imperial drilling at Red Chris cuts 1.1 g/t gold, 1.1% copper
Imperial Metals (TSX: III) has released new drill results from the newly discovered East Ridge zone of the Red Chris copper-gold mine, 80 km south of Dease Lake in B.C….