Barrick, Antofagasta to spend US$95M exploring for copper in Chile
Canada’s Barrick Gold (TSX: ABX; NYSE: GOLD) and Chilean miner Antofagasta (LSE: ANTO) have partnered up to explore for copper and other metals in the Alto del Carmen area of…
Antofagasta
Exclusive: Bristow eyes copper growth as Barrick invests in junior
Barrick Gold (TSX: ABX; NYSE: GOLD) is investing in junior Hercules Silver (TSXV: BIG) as part of a plan to find porphyry copper deposits, Barrick CEO Mark Bristow says. Of…
Antofagasta profit jumps despite lower copper prices, boosts dividend
Chilean miner Antofagasta (LSE: ANTO) posted on Thursday a 7.5% increase in half-year profit as higher copper sales more than offset lower prices for the metal, considered essential for the…
Antofagasta’s Arriagada, Collahuasi boss among top picks for Codelco’s CEO job
Chile’s state-owned miner Codelco, the world’s top copper producer, is said to have narrowed down the list for the company’s potential new chief executive to about five candidates, including Antofagasta’s…
Chile drought hits Antofagasta’s copper output in Q1
Chilean miner Antofagasta (LSE: ANTO) said on Wednesday its copper output fell in the March quarter from the previous three months due to water shortages in the home country, which has…
Foran’s ambitious net zero plans for McIlvenna Bay attract investors
Vancouver-based Foran Mining’s (TSXV: FOM) executive chairman and CEO Dan Myerson doesn’t want to build just one mine. He has designs on creating Canada’s next copper mining camp in the…
Drought, operational issues bring down Antofagasta guidance
Chilean miner Antofagasta (LSE: ANTO) has lowered its full-year output target to 640,000-660,000 tonnes, after production was hindered from water shortages and a leak in an underground pipeline that transports concentrate…
Political changes boost risk for miners in Latin America
Demands for higher revenues from companies, tougher environmental rules and changes to laws have deepened risks across Latin America, index shows.
Higher prices do not incentivize more production: BofA report
Higher commodity prices are not high enough to incentivize new production to come online, as slowing demand from China weighs heavy, especially on copper. Bank of America recently hosted its…
RANKED: World’s top 10 copper mining projects – 2022
Copper, often called the bellwether metal as a barometer of global economic health, is a metal vital to the green energy transition. Demand has been growing for the red metal,…
Chile’s drought forces Antofagasta to cut copper guidance
The miner now expects to produce between 710,000 tonnes and 740,000 tonnes of copper this year, down from its previous forecast of 730,000 tonnes to 760,000 tonnes.
Regulus spin-out Aldebaran Resources starts trading
Regulus Resources (TSXV: REG) spin-out Aldebaran Resources (TSXV: ALDE) debuted on the Toronto Venture Exchange at 90¢ before tumbling to 59¢ in mid-afternoon trading. Aldebaran shares the same core management…