Chinalco bets $1.7B on Peru mine turnaround
Aluminum Corp. of China (Chinalco) is investing about $1.7 billion to overhaul its Toromocho mine in Peru, adding molybdenum output to drive a long-awaited turnaround….
Copper
BC exploration spending sets record on copper appetite
Exploration spending in British Columbia set a new record last year as junior miners turned on the tap amid sustained appetite for copper projects. Exploration…
Blue Moon outlines 1% copper mine in Norway
Blue Moon Metals (TSXV: MOON; Nasdaq: BMM) says a newly feasibility study for its Nussir copper project in northern Norway has confirmed what it calls…
DRC boosts US copper sales fivefold to 500,000 tonnes
The Democratic Republic of Congo has raised planned copper sales to the United States to 500,000 tonnes through a state-backed marketing venture, marking a fivefold…
Newmont halts Cadia gold mine after earthquake
Shares in Newmont (TSX: NGT; NYSE: NEM), the largest gold miner, fell nearly 5% in New York by mid-Wednesday after the company suspended underground operations…
Antofagasta backs 2026 goals despite copper output dip
Chilean miner Antofagasta (LSE: ANTO) reported lower first-quarter copper output on Wednesday but maintained its 2026 forecast, citing expected production gains through the year. The…
Canadian Copper secures up to $96M to develop New Brunswick complex
Canadian Copper (CSE: CCI) has secured up to $96 million to more than cover initial capital costs for the Murray Brook project in New Brunswick…
Angola flooding closes African copper export route
Flooding in Angola has halted rail traffic along the Lobito Corridor, disrupting a key export route for copper and cobalt from Central Africa and raising…
American Eagle bids for Pacific Booker to add BC asset
Canadian explorer American Eagle Gold (TSXV: AE; US-OTC: AMEGF) offered to buy Pacific Booker Minerals (TSXV: BKM; NYSE-MKT: PBM), arguing that the unsolicited deal offers…
Prolonged Hormuz Strait closure would have ‘profound’ impact on mining: Friedland
Ivanhoe Mines (TSX: IVN) founder and co-chairman Robert Friedland is warning that a prolonged closure Strait of Hormuz would have a “profound” effect on global…
Fujimori leads Peru presidential vote as mining risks rise
Keiko Fujimori led Peru’s presidential vote but fell short of an outright win, setting up a run-off that could reshape the outlook for the country’s…
Chalice taps Cutifani’s firm for Aus palladium push
Chalice Mining (ASX: CHN) has appointed Odin Partnership, founded by former Anglo American (LSE: AAL) chief Mark Cutifani, as a strategic adviser to advance its…