BHP tries dodging strike at Escondida copper mine in Chile
BHP (NYSE: BHP; LSE: BHP; ASX: BHP) has reached an agreement with unionized workers at its Escondida copper mine in Chile, the world’s largest, in a last-minute attempt to avert…
Copper
Southwest US snapshot: Eight companies to watch
The U.S. Southwest is among the top mining regions in North America, with mine operations dating back to the 19th century. Here’s a glimpse of eight companies exploring for precious metals,…
Magna Mining finds what it’s looking for with first Crean Hill drilling
Magna Mining (TSXV: NICU) says the first holes drilled at its Crean Hill mine, part of its recently acquired Denison project in Ontario’s Sudbury Basin, has returned the kind of…
Troilus sells claims to Sayona for $40M in shares, 2% NSR royalty
Troilus Gold (TSX: TLG; US-OTC: CHXMF) is selling a package of 1,824 claims covering 985 sq. km to Sayona Quebec, a subsidiary of Sayona Mining (ASX: SYA; OTC: SYAXF). The…
BHP says strike at Escondida copper mine ‘unjustifiable’
Mining giant BHP (NYSE: BHP; LSE: BHP; ASX: BHP) said on Wednesday the strike announced by unionized workers at its Escondida copper mine in Chile for Nov. 21 and 23,…
Panama sets Dec 14 deadline for First Quantum to ink mine contract
The government of Panama set on Monday a deadline for Canada’s First Quantum Minerals (TSX: FM) to ink a long-awaited contract that allows the company to keep running its flagship…
Salazar, Adventus reach deal for US$270M Ecuador copper-gold project
Adventus Mining (TSXV: ADZN) and Salazar Resources (TSXV: SRL) are set to ink a final a foreign direct investment agreement with Ecuador’s government for their El Domo copper and gold…
Teck’s QB2 project to be 100% powered by renewables starting in 2025
Canada’s largest diversified miner Teck Resources (TSX: TECK.A; TECK.B, NYSE: TECK) will power its Quebrada Blanca phase 2 (QB2) copper project in Chile with 100% renewable energy sources from 2025…
SolGold CEO leaves after less than a year in the top job
Ecuador-focused SolGold (TSX: SOLG; LSE: SOLG) said on Thursday its chief executive and managing director, Darryl Cuzzubbo, had left the company effective immediately, after less than a year in the top…
Cascading battery metal supply crunch to get serious from 2024, analysts forecast
Increasing consumption will outstrip the mining industry’s ability to ramp up supply, resulting in commodity deficits as early as 2024, a new analysis by S&P Global has found. The report,…
Rio Tinto’s takeover of Turquoise Hill indefinitely on hold as Quebec regulator steps in
Canada’s Turquoise Hill Resources (TSX: TQR) is indefinitely postponing a shareholders vote on the proposed US$3.3-billion takeover of the company by Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) as…
Copper Mountain stock plunges on Q3 disappointment, more guidance cuts
Copper Mountain Mining (TSX: CMMC; ASX: C6C) shares plunged on Wednesday following disappointing results released for the third quarter of 2022, which “clearly did not meet” expectations as described by…