Canadian markets close lower over Oct. 31 to Nov. 4 trading week
The Oct. 31 to Nov. 4 trading week saw the S&P/TSX Composite Index close 21.4 points or 0.1% lower, at 19,449.81. The S&P/TSX Global Mining Index lost 4.3 points or…
HudBay Minerals
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…
Hudbay inks exploration deal for satellite properties near its Constancia copper mine in Peru
Hudbay Minerals (TSX, NYSE: HBM) has reached an exploration agreement with the Uchucarcco community in Peru for the surface rights to the Maria Reyna and Caballito satellite properties near its…
‘Winter’ approaches for base metals equities, warns Haywood report
A metaphorical winter approaches for base metals equities, says Haywood Capital Markets in a new report published on Sunday. Analyst Pierre Vaillancourt expects the constellation of base metals companies under…
U.S. markets gain during Aug. 4-8 trading week
The Dow Jones Industrial Average gained 957.58 points or 2.92%, to 33,761.05, and the S&P 500 climbed 134.96 points or 0.77% over the week to 4,280.15. The trading week’s top…
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…
JV Article: Hudbay Minerals’ long and successful history in Manitoba continues with its Lalor mine near Snow Lake
The city of Flin Flon in Manitoba has a rich and storied history of mining that began when gold was discovered around Amisk Lake at the start of the 20th…
Hudbay suffers major Rosemont setback
Canada’s Hudbay Minerals (TSX: HBM; NYSE: HBM) has suffered a fresh setback in its bid to build the Rosemont open pit copper project in Arizona following a decision by the…
Blockade halts Southern Copper’s Cuajone mine in Peru
Operations at Southern Copper’s Cuajone mine in Peru have been suspended for 15 days as locals continue to block the company’s access to a water reservoir and other key supplies,…
Hudbay releases initial estimate for Copper World, near Rosemont in Arizona
Hudbay Minerals (TSX: HBM; NYSE: HBM) has released the initial resource estimate for its Copper World deposit with 272 million indicated tonnes and 142 million inferred tonnes, both grading 0.36%…
Inflation anxiety — what’s in store
The Q4 edition of The Northern Miner’s Global Mining Symposium on November 17 and 18 was another resounding success. The conference featured a top notch roster of guests from the…
HudBay expands drill program at Copper World in Arizona
Drilling at Hudbay Minerals’ (TSX: HBM; NYSE: HBM) Copper World project in Arizona this year has identified three new deposits bringing the total number to seven, with a combined strike…