Ero Copper eyes $2B value, 24-year life for Furnas
A maiden preliminary economic assessment for Ero Copper‘s (TSX, NYSE: ERO) Furnas project in Brazil puts a $2 billion value on an operation that could supply metal for almost a…
South America
Andes Iron’s $2.5B Chile project hits fresh snag
A Chilean court of appeals has overturned a favourable court ruling in the long-running dispute over Andes Iron’s $2.5-billion Dominga iron ore and copper project, effectively sending the development back…
Lundin Gold sells silver stream to LunR in $670M deal
Lundin Gold (TSX: LUG) said it will sell a silver stream on its Fruta del Norte mine in Ecuador in return for newly issued shares of LunR Royalties (TSX-V: LUNR)…
First Quantum’s Argentina copper mine valued at $5.9B
A new technical report on First Quantum Minerals’ (TSX: FM) Taca Taca copper-gold project in northwest Argentina shows the project’s value has more than doubled in five years thanks in…
CHARTS: US copper glut hides refining crunch
The United States produces more raw copper than it consumes but lacks the processing capacity to turn it into usable metal, leaving manufacturers dependent on foreign refiners, a new report…
Glencore doubles down on copper, keeps M&A in play
Glencore (LSE: GLEN) is stepping up its copper ambitions in the Democratic Republic of Congo and beyond, even as it posted a third straight annual earnings decline, while keeping the…
Capstone sinks on lacklustre production outlook
Capstone Copper (TSX: CS; ASX: CSC) shares dropped after the company disclosed weaker-than-expected 2026 output targets due to lower grades at the Mantos Blancos operation and the lingering effects of a…
BHP-Lundin Vicuña JV’s copper-gold district potential hits $9B value
A new study for the Vicuña joint venture between BHP (ASX, LSE, NYSE: BHP) and Lundin Mining (TSX: LUN) that straddles the Argentina-Chile border positions the 70-year copper-gold-silver project in the…
Bullion rally has legs, Scotiabank says
Sustained central bank buying, heightened geopolitical uncertainty and rising investor flows into exchange traded funds are some of the main factors that could keep propelling gold higher over the coming…
BHP leans on copper growth, not big deals
CEO Mike Henry said there’s no urgent need for deals as the company aims for 2.5 million tonnes of copper equivalent annually.
Lundin finds new copper-gold systems in Ecuador
Canada’s Lundin Gold (TSX: LUG; US-OTC: LUGDF) said drilling near its Fruta del Norte mine in Ecuador showed a large intrusive complex hosting several shallow copper-gold porphyry systems within a…
JP Morgan sees $5.50 copper, deficit worsening
J.P. Morgan has raised its long-term copper price forecast by 9.1% due to widening structural supply deficits and sharply higher capital costs that will require massive investment in new mine…