Miners struggle to finance projects even amid surging battery metal demand, IEA says in forecast
EVs could reach 17 million in 2024, accounting for more than one in five cars sold worldwide, according to the International Energy Agency.
Copper
Teck copper output shoots up on QB mine, profit disappoints
Teck Resources (TSX: TECK.A, TECK.B; NYSE: TECK) saw its copper production jump by 74% in the first three months of the year, due mainly to the ramp up of the…
Power Nickel earns 80% of Nisk project in Quebec, adds polymetallic zone
Power Nickel (TSXV: PNPN; US-OTC: PNPNF) increased its ownership of the Nisk project to 80% from Critical Elements Lithium (CRE: TSXV) and reported new drill results from a polymetallic zone. The…
Anglo American bullish on copper outlook, cuts diamond targets
Anglo American (LSE: AAL) reported an 11% increase in its copper output for the first three months of the year, but cut its 2024 production guidance for diamonds, as its…
Update lifts mine life for Metals Acquisition’s CSA copper project to 11 years
A resource update for Metals Acquisition‘s (NYSE: MTAL; ASX: MAC) CSA copper mine in Australia raises the total contained red metal by 42% and the mine life to 11 years…
Magna plans Crean Hill nickel-copper bulk sample
Magna Mining (TSXV: NICU; US-OTC: MGMNF) is now fully permitted to conduct a 400,000-tonne bulk sample at its past-producing Crean Hill nickel-copper project in Sudbury, Ont. The company, which received…
Taranis Resources secures permit after BC legal battle
Taranis Resources (TSX-V: TRO) can go ahead with planned exploration at its Thor polymetallic project near Trout Lake, B.C., almost two years after its permit application and five months after…
Solaris Resources inks fresh deal with Ecuador communities
Solaris Resources (TSX: SLS; US-OTC: SLSSF) has reached an updated agreement with local communities covering benefits and impacts related to its flagship Warintza copper project in southeast Ecuador. The improved deal, signed…
Rio Tinto to favour building new copper mines over M&A, exec says
Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) will prioritize developing new copper mines over acquiring new ones to achieve its goal of producing 1 million tonnes of the metal…
Porphyry deposits hold winning trifecta of copper, gold and silver
Copper, gold and silver have been on a tear lately. Here’s the latest year to date performance for these three commodities: It’s this broad lift across different commodity classes (precious…
Western Copper and Gold raises $40M for Casino project in Yukon
Western Copper and Gold (TSX: WRN; NYSE: WRN) is increasing a stock offering by 60% for its Casino copper-gold-molybdenum project in the Yukon. The bought deal increased to $40 million from…
McEwen Mining adds to Nevada holdings with Timberline Resources buy
Shares in Timberline Resources (TSXV: TBR; US-OTC: TLRS) jumped 130% to an intra-day high of 15¢ apiece Tuesday after McEwen Mining (TSX: MUX; NYSE: MUX) agreed to acquire the Nevada-focused…