Copper price slides from record on Chinese stockpiles
The price of copper has slid from its record high after China’s real estate turmoil increased storage of the wiring and plumbing metal. A pound of copper was at US$4.376…
Copper
M&A activity shows we’re far from a market top in commodities
There’s a long-held fable within investing circles that surging M&A activity can (at times) signal a market top. So, how does that come about? Just like regular investors, major corporate…
Ecuador to approve Mirador copper mine expansion by August
Ecuador is in the final steps of approving an expansion for the Mirador copper mine, run by the local unit of Chinese consortium CRCC-Tongguan, EcuaCorriente, BNamericas has reported. Diego Ocampo,…
JV Article: Midnight Sun Mining partners with KoBold Metals, First Quantum
In February, Midnight Sun Mining (TSXV: MMA) teamed up with KoBold Metals, a privately held U.S. AI-driven mining and exploration company backed by technology investors including Bill Gates and Silicon…
Taseko restarts Gibraltar mine in British Columbia
The company announced earlier this week that it had reached an agreement with the union representing workers at the copper mine.
Nevada Copper on the auction block after filing for bankruptcy
Vancouver-based Nevada Copper (TSX: NCU) has started a sales process as a part of a restructuring announced this week, which included filing for bankruptcy and halting its Pumpkin Hollow copper…
Adventus, Salazar granted key permit for Ecuador copper-gold mine
Adventus Mining (TSXV: ADZN) and Salazar Resources (TSXV: SRL) have scored a win in Ecuador after the country’s environment ministry granted the partners a water use permit for their Curipamba-El…
Kenorland hits high-grade gold at Frotet in Quebec
Kenorland Minerals (TSXV: KLD; US-OTC: KLDCF) said high-grade gold assays from the winter drill program at its Frotet project in Quebec bode well for an initial resource. Highlights include hole…
Taseko reaches tentative labour deal for Gibraltar mine restart
Taseko Mines‘ (TSX: TKO) Gibraltar mine in British Columbia is set to resume operations in the coming week after the company and the workers’ union reached a tentative agreement over…
Chilean Cobalt lines up potential US$317M loan from EXIM Bank
The United States Export-Import Bank has signed a letter of interest to back Philadelphia-based critical minerals explorer Chilean Cobalt (US-OTC: COBA) with US$317.4 million in debt to restart the La…
Canada’s Cornish Metals to sell Nickel King asset
Cornish Metals (TSXV: CUSN; LSE: CUSN) is selling its Nickel King property in the Northwest Territories to Northera Resources for up to US$6 million to focus on advancing its flagship…
How to attract Silicon Valley and Gen Zs
Silicon Valley could help the mining industry solve problems from funding to smelting but tech wizards shouldn’t necessarily run a mine, panellists told a conference on financing trends in New…