Teck delays QB2 expansion in Chile
Teck Resources (TSX: TECK.B; NYSE: TECK), Canada’s largest diversified miner, could see its Quebrada Blanca Phase 2 (QB2) expansion project in Chile delayed by up…
Copper
Copper price surges to two-year high
Copper futures rallied on July 21 after an agreement on a massive economic stimulus plan in Europe, optimism about a Covid-19 vaccine, and ongoing worries…
Antofagasta maintains copper output despite Covid-19
Chilean miner Antofagasta (LSE: ANTO) has shown resilience amid the country’s Covid-19 crisis, delivering copper volumes in the second quarter that were 5% ahead of…
Top 10 Canada-based companies with substantial US assets
The U.S. is fertile ground for a variety of minerals, and Canadian companies are active throughout the country. The Northern Miner presents its top 10…
Northern Dynasty awaits final permit at controversial Pebble project
Northern Dynasty Minerals (TSX: NDM) is poised to clear the last hurdle for its proposed Pebble copper-gold mine in Alaska this week, the regulatory chief…
Jiangxi Copper sells some shares in First Quantum
Jiangxi Copper has sold 1.2 million shares in First Quantum Minerals (TSX: FM; LSE: FQM), according to SEDI filings, BMO reported. The sale represents less…
Barrick reduces power supply to communities near Porgera mine
Barrick Gold (TSX: ABX; NYSE: GOLD) announced that it will reduce power supply to townships near the Porgera gold mine to save costs. The company…
Covid-19 disrupts US$8.8B of global mining output, S&P says
Covid-19 has impacted the mining industry across the globe as lockdowns and travel restrictions have forced companies to halt or scale down operations and suspend…
Cornerstone Capital seeks to replace SolGold’s board over mismanagement, transparency
Cornerstone Capital Resources (TSXV: CGP) plans to call a meeting of SolGold’s (TSX: SOLG; LSE: SOLG) shareholders to replace the company’s entire board, the investor…
Western Copper and Gold unveils large-scale resource for Casino in Yukon
In its first estimate since 2010, Western Copper and Gold (TSX: WRN; NYSE-AM: WRN) has updated the resource for its wholly owned Casino project in…
US markets post slight gain, July 6-10
The Dow Jones Industrial Average rose 0.96% to 26,075.30 and the S&P 500 rose 1.76% to 3,185.04 during the July 6-10 trading week. Spot gold…
TSX posts slim increase, July 6-10
The S&P/TSX Composite Index rose 0.75% to 15,713.82 during the July 6-10 trading week. The S&P/TSX Global Mining Index rose 5.06% to 95.05, and the…