Rio Tinto taps finance head as new CEO
Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) has named finance head Jakob Stausholm as its next chief executive, replacing incumbent Jean-Sébastien Jacques who had…
Copper
Surge Copper acquires option on 70% stake in Berg copper project
Explorer Surge Copper (TSXV: SURG) has entered into a definitive option agreement with Centerra Gold (TSX: CG) to hold the right to acquire a 70%…
Aurania gathers evidence of ancient mine corridor at Lost Cities – Cutucu project
Aurania Resources (TSXV: ARU; US-OTC: AUIF) reported that it found more evidence of ancient roads and peculiar landforms that may be old prospecting or mine…
Rio Tinto’s $6.75B Oyu Tolgoi expansion to kick off production in 2022
Rio Tinto (NYSE:RIO; LSE: RIO; ASX: RIO) unveiled on Wednesday that underground production from the Oyu Tolgoi copper-gold mine in Mongolia is slated to begin…
World’s largest copper miner to cut 70% of emissions by 2030
Chile’s Codelco, the world’s largest copper producer, has outlined sustainability plans in five areas of action for its operations and projects, including goals to cut carbon…
Rockcliff releases combined PEA for Tower and Rail in Manitoba
Rockcliff Metals (CSE: RCLF) has released the results from a preliminary economic assessment (PEA) for its 100%-owned Tower and Rail projects in the Flin Flon-Snow Lake…
Base metals prices forecast to rise sharply in 2021, less so in 2022
As the world’s economies start to pick up following the impacts from the Covid-19 pandemic, CPM Group’s director of commodities and asset management Carlos Sanchez expects…
Taseko’s Florence Copper granted aquifer protection permit
Vancouver’s Taseko Mines Ltd. (TSX: TKO; NYSE American: TGB; LSE: TKO) has received the Aquifer protection permit (APP) for its Florence Copper project. The permit…
Australian developer Wyloo to take up 22.5% of Noront shares
Noront Resources (TSXV: NOT) says it welcomes the investment in the company by Australian explorer and developer Wyloo Metals Pty Ltd. “We are delighted that…
Political turmoil in Peru could slow major infrastructure works
The sudden removal of a popular president amidst the coronavirus pandemic plunged Peru into chaos last month. On Nov. 9, Peru’s single-chamber Congress voted to…
Foran tables initial resource for Bigstone copper deposit in Saskatchewan
Developer Foran Mining (TSXV: FOM) has tabled an initial resource estimate for its wholly owned Bigstone deposit on the 161-sq.-km Bigstone property, 25 km to…
OceanaGold soars on Philippine’s move to reopen Didipio
OceanaGold (TSX: OGC; ASX: OGC) closed 32% higher on the Australian Stock Exchange on Dec. 7 after announcing that the Philippine government is moving forward…