Chile’s top steel producer bets on green hydrogen
Chile’s top steel producer CAP is developing a green hydrogen pilot plant to decarbonize steel production at its unit in the south-central Talcahuano city, located about 500 km from capital…
Copper
Southern Silver expands resource at Cerro Las Minitas in Mexico
Southern Silver Exploration (TSXV: SSV) has posted a slight resource increase at its Cerro Las Minitas project in Mexico that sent its shares up 9.4%. The overall resource at the…
Newmont said to be mulling sweetened bid for Newcrest
Newmont Mining (TSX: NGT; NYSE: NEM), the world’s largest gold producer, may be preparing a sweetened takeover offer for Newcrest Mining (TSX: NCM; ASX: NCM), which rejected the miner’s unsolicited…
Chile open to modify copper royalty bill on miners objections
Chile’s government said it is open to further amend a controversial mining royalty bill expected to enter into force on next year, following mounting criticism of its impact on the…
Peru exploration in 2023 focused on copper, gold and zinc
The Peruvian Ministry of Energy and Mines (Minem) announced that 2023 will see the development of 74 mining projects across 17 departments in the country for a total investment of…
Ivanhoe’s electro-pulse tech may expand Santa Cruz copper project in Arizona
Ivanhoe Electric (TSX: IE; NYSE-AM: IE) says visible copper in a drill hole suggested by the company’s new technology bodes well for adding high-margin ore to the resource at the…
Nexa expands zinc resource, mine life of Aripuanã in Brazil
South America-focused Nexa Resources (NYSE: NEXA) expanded the resource at its Aripuanã zinc and copper mine in Mato Grosso state, Brazil by enough to extend the operation’s life by three…
Newmont to study direct air carbon capture in its tailings
Newmont (TSX: NGT; NYSE: NEM) has partnered with the U.S. National Renewable Energy Laboratory (NREL) to study a new approach for direct air sequestering of carbon in mine tailings. The…
Ivanhoe Mines posts record revenue, profit highs in 2022
Ivanhoe Mines (TSX: IVN; US-OTC: IVPAF) posted a record profit of US$434 million for the year ended Dec. 31, 2022, a near tenfold increase over the US$45 million recorded in…
Rio Tinto starts underground production at Oyu Tolgoi
Rio Tinto on Monday said it had begun underground production at its Oyu Tolgoi copper mine in Mongolia. Since the agreement between the government of Mongolia and Rio Tinto in…
ArcWest shares jump on Freeport earn-in deal as majors eye BC copper
Shares in junior explorer ArcWest Exploration (TSXV: AWX) jumped more than 80% in morning trading in Toronto after it announced an earn-in deal with Freeport-McMoRan (NYSE: FCX) on one of…
Electra Battery upgrades Iron Creek cobalt-copper resource, paving the way for PEA
Electra Battery Materials (TSXV: ELBM; NASDAQ: ELBM) has provided an updated mineral resource estimate for its Iron Creek cobalt-copper project located in Idaho, paving the way for additional exploration activities…