Antofagasta’s Los Pelambres expansion to cost extra US$400 million
Chilean miner Antofagasta (LSE: ANTO) revealed today that the expansion project at its Los Pelambres operation in the home country would cost US$1.7 billion, up from…
Copper
‘Miners have to dare if they’re going to succeed’ says panel at Remote Roundup
The first day of the Association for Mineral Exploration’s (AME) Remote Roundup featured a government industry forum that brought together industry experts from across Canada…
SolGold CEO Nick Mather to retire after shareholder pressure
SolGold (TSX: SOLG; LSE: SOLG) announced that Nick Mather would step down as CEO after 13 years at the helm of the company. His resignation…
Robert Friedland opens Remote Roundup: ‘In our world, the geologists are the gods’
The Association for Mineral Exploration opened up its Remote Roundup – its first virtual conference in the event’s 38-year history – with special guest speakers…
Rio Tinto looming talks with Mongolia to decide Oyu Tolgoi’s fate
The next three to six months will be crucial to the future of the vast Oyu Tolgoi copper-gold mine in Mongolia, as the companies behind…
Talon hits high-grade massive sulphide mineralisation at Tamarack Nickel
Talon Metals (TSX: TLO) has released the latest drill results from its Tamarack nickel-copper-cobalt project in Minnesota, 89 km west of Duluth and 210 km north…
Barrick meets mid-range of 2020 production guidance
Last year, gold major Barrick (TSX: ABX; NYSE: GOLD) met the midpoint of its gold and copper output targets. The miner generated a total of…
Copper Fox Metals completes Van Dyke PEA
Copper Fox Metals (TSXV: CUU; US-OTC: CPFXF) announced results from a preliminary economic assessment for its Van Dyke copper project in Miami, Arizona. The PEA…
Mongolia threatens to revoke Rio Tinto’s plan for Oyu Tolgoi
The Government of Mongolia may cancel and replace the development and financial plan for the country’s vast Oyu Tolgoi copper-gold mine, Turquoise Hill Resources (TSX:…
TSX Venture rises, Jan. 4-8
The S&P/TSX Venture Composite Index climbed 2.44% to finish the trading week at 896.71. Spot gold fell US$48 per oz., or 2.53%, to US$1,850 per…
US markets mixed, Jan. 4-8
The Dow Jones Industrial Average rose 1.61% to finish the week at 31,097.97 and the S&P 500 declined by 1.83% to 3,824.68. Spot gold dropped…
Torex beats 2020 gold production forecasts
Intermediate miner Torex Gold (TSX: TXG) has released its 2020 operating highlights – last year, the company produced 430,480 gold oz., 130,640 of which were…