Glencore to sell 23% stake in Peruvian miner Volcan
Miner and commodities trader Glencore (LSE: GLEN) has kicked off a sale process for its 23% stake in Peruvian zinc and silver miner Volcan. Delivering 2022 results, the Swiss company…
Copper
Northwest Copper drilling hints at Kwanika’s size potential
Northwest Copper (TSXV: NWST) has released the final assay results from last year’s Central zone drilling at the Kwanika copper-gold deposit in British Columbia, indicating a larger mineralized footprint that…
JV Article: NGEx Minerals steps up search for the Andes’ next giant metal district
The push for renewable energy and the electrification of road transport systems worldwide has many observers casting a worrying eye on potential supply constraints in copper markets. Vancouver-based junior NGEx…
Chile issues fresh measures against Lundin Mining for giant sinkhole
Chile’s environmental regulator SMA said on Wednesday it had issued fresh measures against a copper mine owned by Lundin Mining (TSX: LUN) after detecting new leaks around a sinkhole that…
Trilogy’s Arctic feasibility update reveals slightly weaker economics
Alaska-focused developer Trilogy Metals (TSX: TMQ; NYSE-AM: TMQ) has released an updated feasibility study for its Arctic copper-zinc-lead-silver-gold project in the Ambler mining district, outlining slightly weaker economics amid an…
Ivanhoe Electric stock surges on Santa Cruz resource update
Ivanhoe Electric (TSX: IE) has provided an updated mineral resource estimate for the Santa Cruz copper project located west of Casa Grande, Ariz., which now includes the first resource for…
Bluejay Mining pulls demerger plan, aims to raise US$6M
Explorer and developer Bluejay Mining (LSE: JAY) said on Tuesday it would not spin off its battery and critical metals exploration subsidiary Disko Exploration, as previously announced. Executive chairperson Robert Edwards, who…
US stocks close lower during Feb. 6-10 trading week
During the Feb. 6-10 trading week, the Dow Jones Industrial Average fell 56.7 points or 0.17% to 33,869.3 and the S&P 500 fell 46 points or 1% to 4,090.5. Among…
TSXV takes small dip in Feb. 6-10 trading week
The S&P/TSX Venture Composite Index retreated by 6.7 points or 1.1% over the Feb 6-10 trading session, ending the week at 613.42. Callinex Mines was the week’s top value gainer,…
Talks with First Quantum making headway, Panama says
Panama’s government said negotiations with First Quantum Minerals (TSX: FM) about agreeing on a contract for the company’s Cobre Panama copper complex have shown signs of progress this week. Comments…
Torex Gold picks up the pace on Media Luna build
Torex Gold (TSX: TXG) plans to invest between US$390 million and US$440 million in its flagship Media Luna gold project in Mexico this year to speed up development, with commercial production anticipated in…
Exclusive video: Soon-to-be-listed Aeonian Resources explores for sedimentary copper in BC
Andy Randell, founder of Aeonian Resources, describes the private company’s early stage Koocanusa sedimentary copper project in southeastern British Columbia. Randell spoke with Northern Miner staff reporter Henry Lazenby at the AME BC…