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.
United States
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…
Lithium Argentina soars on Q2 results, sector rally
Lithium Argentina AG (TSX, NYSE: LAR) soared 31% on Monday afternoon as investors reacted positively to the company’s latest quarterly results and growth outlook. During the three months ended June…
Castle Mountain gets rare Southwest FAST-41 boost
Equinox Gold’s (TSX, NYSE-A: EQX) Castle Mountain stage two expansion in California has joined the U.S. FAST-41 program, setting a solid federal permitting timeline that could reduce the development time…
US gold tariffs jolt COMEX, shift global trade flows
The Trump administration’s move to apply import duties on the most common forms of bullion delivered into the United States is shaking the gold market and widening the price gap…
Aura Minerals quits Canada for Nasdaq
South America-focused gold and copper miner Aura Minerals (TSX: ORA; Nasdaq: AUGO) says it’s done with investors in Canada a just as the company books record results. April-to-June adjusted earnings…
Northern Dynasty gets Pebble court dates
Northern Dynasty Minerals (TSX: NDM; NYSE-A: NAK) has secured its first detailed court schedule in months for its long-running dispute with U.S. authorities over one of the world’s largest undeveloped…
Canada, US fund $29M for Canuck tungsten
Northcliff Resources (TSX: NCF) received an $8.2 million (US$6 million) investment from the Canadian government this week to help advance its Sisson tungsten-molybdenum project in New Brunswick. The sum adds…
Minera Alamos buys Equinox’s Nevada assets for $115M
Minera Alamos (TSXV: MAI) agreed to buy some Nevada assets from Equinox Gold (TSX: EQX; NYSE-A: EQX), a move that it says will provide cash flow to support the company’s…
Centerra OKs Goldfield mine in Nevada after all
Centerra Gold (TSX: CG; NYSE: CGAU) said it’s moving ahead with development and construction of its Goldfield project in Nevada after rising gold prices boosted estimated returns. Using a long-term…
Why a bullet metal is behind $2.2B Idaho project
U.S. Secretary of Labor Lori Chavez-DeRemer and Idaho Governor Brad Little visited Perpetua Resources’ (Nasdaq: PPTA; TSX: PPTA) Stibnite gold-antimony project this week, underscoring the Trump administration’s push for minerals essential to…
Century Lithium joins US fast track
Century Lithium’s (TSXV: LCE; US-OTC: CYDVF) estimated $3.1-billion (C$4.26 billion) Angel Island project in Nevada has been given transparency status by the U.S. Federal Permitting Council on its fast-track approval…