JX Nippon increases ownership in troubled Caserones copper mine
Japan’s top smelter, JX Nippon Mining & Metals, is buying a stake in its majority-owned Caserones copper mine in Chile, which was put up for sale on Nov.9 by its partners in the…
Copper
Franco-Nevada posts record Q3 revenues, income
With most major mining assets back up and running after coronavirus-related stoppages earlier this year, and amidst strong commodity prices, Franco-Nevada (TSX: FNV; NYSE: FNV) has reported record third-quarter financial…
China tightens trade restrictions on Australian imports
China has stepped up trade restrictions against Australia, with at least one clearinghouse suspending imports of a range of agricultural and mineral products, Hong Kong’s daily English-language newspaper, the South…
Australia greenlights human rights complaint against Rio Tinto
Australia’s Human Rights Law Centre has issued a statement saying that the residents of Bougainville in Papua New Guinea have welcomed this week’s decision by the Australian government to accept…
China targets 20% share of new energy vehicle sales by 2025
The Chinese government has launched a new energy vehicle (NEV) industry development plan that will see NEV sales account for 20% of the country’s total vehicle sales by 2025. The…
Copper Mountain posts strong Q3, lowers cost guidance
In the third quarter, Copper Mountain Mining’s (TSX: CMMC) flagship namesake open-pit mine in B.C., 20 km south of Princeton, generated 23.8 million lb. copper-equivalent, at all-in sustaining costs of…
Editorial: China’s Five Year Plan prioritizes tech and domestic demand
As the United States posted its highest number of weekly coronavirus cases since the start of the pandemic and Americans headed to the ballot box in record numbers to cast…
Commentary: How Olympic Dam went from mother of all digs to ‘debottlenecking’
A decade ago BHP Billiton was gearing up to dig the world’s biggest hole in the Australian outback. In 2011, BHP delivered the largest annual profit in Australian corporate history…
QC Copper and Gold injects new life into Opemiska in the Abitibi
The Chibougamau-Chapais region, 750 km north of Montreal, is part of the largest Archean greenstone belt in the world. The belt, better known as the Abitibi, is 150 km in…
Adriatic Metals secures US$28M financing package
Adriatic Metals (LSE: ADT2; ASX: ADT) has signed agreements to raise US$28 million from two new investors – Queen’s Road Capital Investment and the European Bank for Reconstruction and Development…
Chairman offers to take Kazakhstan’s Kaz Minerals private
Oleg Novachuk and Vladimir Kim, the current and past chairman of Kaz Minerals (LSE: KAZ), are proposing a buyout offer of the pure-play copper company. Their company, Nova Resources, in…
Brixton teams up with Friedland’s HPX on polymetallic project in Montana
Brixton Metals (TSXV: BBB) has entered a joint venture agreement on its wholly owned Hog Heaven project with High Power Exploration (HPX), a privately owned mining company led by billionaire…