Marimaca Copper (TSX: MARI; ASX: MC2) has surged by double digits after announcing on Wednesday a $24.4-million (US$17.7-million) private placement to fund its feasibility-stage namesake project in Chile. The offering…
South32 (ASX: S32), the Australian miner with a A$13.6-billion (US$8.7-billion) market cap, is buying more shares to maintain its stake in American Eagle Gold (TSXV: AE; US-OTC: AMEGF) that’s advancing…
Hudbay Minerals (TSX, NYSE: HBM) has temporarily suspended operations at its Snow Lake gold-zinc-copper mine in Manitoba due to surging wildfires and pledged $1 million in financial relief for its…
When Barrick Gold took over Randgold in 2019, its marketing dropped Gold from the name to reflect wider interests like copper and appeal to new investors. But it didn’t bother…
XXIX Metal (TSXV: XXIX; US-OTC: QCCUF) downgraded its Opemiska project resource in northern Quebec and said the deposit covers less ground than previously thought. The indicated pit-constrained resource is 62.7…
First Quantum Minerals (TSX: FM) will spend about $20 million a month to maintain its idled Cobre Panamá copper mine under a recently approved care and maintenance plan. Roderick Gutiérrez,…
Ecuador-focused SolGold (LSE, TSX: SOLG) has applied to voluntarily delist its ordinary shares from the Toronto Stock Exchange on June 18 because the amount of trading doesn’t warrant the cost….
Ivanhoe Mines’ (TSX: IVNl US-OTC: IVPAF) plans to dewater the Kakula copper mine in the Democratic Republic of Congo could restore operations as early as this month. Its shares rebounded….
Teck Resources (TSX: TECK.A; NYSE: TECK) said a mechanical issue at its Carmen de Andacollo open-pit mine in Chile will force production to be halted for about a month. The…
Environmental groups and some First Nations oppose Ontario’s Bill 5 to boost mining despite changes by Premier Doug Ford who calls it an opportunity of a lifetime. The proposed law,…
For those of us that work and live in this great global mining industry we all “get it”. We get the benefits of mining to the economy and at a…
To meet the world’s future needs, copper prices must at least double their current levels in order to incentivize companies to build more mines, a study published in the latest…
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