First Quantum restructures debt
First Quantum Minerals (TSX: FM) says it’s restructuring its debt to take advantage of favourable bond markets. On Tuesday, the copper producer issued an update to its 6.875% 2027 senior…
Copper
Intrepid hits high-grade copper in historic hotspot
Drilling by Intrepid Metals (TSXV: INTR; US-OTC: IMTCF) in the Earp zone at its Corral copper project in southeast Arizona has returned highlights of 16.3 metres grading 1.68% copper and…
Metallium eyes $60B metals recycling market
Metallium (ASX: MTM; US-OTC: MTMCF) is advancing one of the first large-scale metals recovery plants in the United States to commissioning in December as it considers rolling out its modular…
Harmony Gold’s MAC Copper takeover OK’d
Harmony Gold’s (JSE: HAR; NYSE: HMY) acquisition of MAC Copper (NYSE: MTAL; ASX: MAC) has cleared the final regulatory hurdle after Australia’s Foreign Investment Review Board gave its approval of…
African Rainbow boosts Surge Copper stake to 19.9%
African Rainbow Minerals (JSE: ARI), controlled by billionaire Patrice Motsepe, has increased its stake by another 6.5% in junior Surge Copper (TSXV: SURG) which is developing the Berg project that…
Marimaca hits fresh 13-year high on copper results
Marimaca Copper (TSX: MARI; ASX: MC2) surged to its highest level in more than 13 years after the company said new drilling at its Pampa Medina property in northern Chile…
US commits $1B to critical minerals technology
The United States Department of Energy says it will unlock just under US$1 billion (C$1.38 billion) to fund mining, processing and manufacturing technologies used to extract critical minerals and materials….
Antofagasta posts biggest profit margins since 2021
The Chilean miner attributed the gains to an 11% increase in copper output, lower cash costs, and higher prices for copper and gold.
Copper-nickel hits hint at NexMetals’ Selebi potential
Results from NexMetals Mining’s (TSXV, Nasdaq: NEXM) Selebi North project in eastern Botswana have extended the South Limb’s mineralization by 35% beyond last year’s resource estimate. Shares of the company…
Osisko says new Gaspé drill results expand deposit
Osisko Metals (TSX-V: OM; US-OTC: OMZNF) said recent drilling at its Gaspé copper project in eastern Quebec expands the deposit at depth as the company works to update the resource…
Hudbay soars on 30% Mitsubishi deal for Copper World
Hudbay Minerals’ (TSX, NYSE: HBM) shares skyrocketed to their highest level in more than a decade after it reached a $600-million (C$826.1-million) deal with Mitsubishi that hands the Japanese conglomerate…
AI data centers to worsen copper shortage, BNEF says
The rapid buildout of artificial intelligence (AI) data centers risks tightening the global copper market further, potentially pushing the supply shortfall to 6 million tonnes by 2035, according to a…