Abitibi Metals surges on B26’s best copper-gold results
Abitibi Metals’ (CSE: AMQ; US-OTC: AMQFF) shares shot to a new yearly high on the strongest copper-gold intercepts drilled yet at its main B26 polymetallic project in western Quebec. Highlight…
Copper
Anglo-Teck deal hangs on redomiciling: Globe
The federal government is pressuring Anglo American (LSE: AAL) to become legally Canadian on top of moving its headquarters to Vancouver as it scrutinizes the British miner’s $50-billion (C$69-billion) bid…
Freeport to restore more Grasberg output next year
Freeport-McMoRan (NYSE: FCX) says it plans to restore large-scale production at Indonesia’s Grasberg mine from next year’s second quarter after a mudslide killed seven workers in September. Grasberg’s Block Cave…
Copper and gold surge in FireFly’s Green Bay update
A resource update for FireFly Metals’ (ASX, TSX: FFM) Green Bay project in north-central Newfoundland more than doubles contained copper, gold and silver over the initial estimate from a year…
Elliot fund builds stake in Barrick: FT
American activist hedge fund Elliott Management has accumulated a large stake in Barrick Mining (TSX: ABX; NYSE: B) amid speculation that the Canadian-based gold-copper miner may undergo major changes, London-based…
Ottawa, Manitoba boost Churchill for mineral trade
Ottawa and Manitoba are increasing support for the Port of Churchill to advance rail upgrades, add critical minerals storage and push a northern export corridor for Canadian miners. The joint…
Chile vote thrusts right-winger to runoff
A strong showing by pro-business candidates in Chilean elections yesterday bodes well for the resurgence of mining investment in the world’s largest copper producer. Although conservative hardliner José Antonio Kast…
Argentina’s Milei to melt glacier law stalling projects
Argentine President Javier Milei plans to change the country’s glacier protection law to ease giant copper developments such as Glencore’s (LSE: GLEN) El Pachón and the joint BHP (NYSE, LSE,…
Emerita’s copper-gold results expand deposit to west
Drilling by Emerita Resources (TSX-V: EMO; US-OTC: EMOTF) at its El Cura deposit in southwest Spain continues to encounter high copper-gold grades that expand the deposit to the west in…
Carney formally announces Major Projects
Canadian Prime Minister Mark Carney has confirmed the second batch of projects to the country’s Major Projects Office, ones already reported by media outlets this week, as the government seeks…
Glencore, Chilean Cobalt sign offtake for Americas supply
United States-based Chilean Cobalt (US-OTC: COBA) said Thursday it has signed a life-of-mine offtake with a Glencore (LSE: GLEN) subsidiary for all the cobalt and copper from the La Cobaltera…
Ivanhoe Electric gets $200M loan for U.S. copper mine
Ivanhoe Electric (NYSE-A, TSX: IE) says it’s secured a $200 million (C$280 million) bridge loan from a bank syndicate amid a push to build the next major United States copper…