Ecuador court issues setback for US$3B copper project
Licence has not been revoked, which means there’s still a chance for the Llurimagua project to become Ecuador’s next big copper mine.
molybdenum
African Rainbow Minerals ups copper game with Surge stake buy
African Rainbow Minerals (JSE: ARI) is buying a 15% stake in British Columbia-focused explorer Surge Copper (TSXV: SURG) for $3.8 million, boosting the South African miner’s exposure to copper. South…
Taseko to become sole owner of Gibraltar copper mine in BC
Taseko Mines (TSX: TKO; NYSE: TGB; LSE: TKO) said on Monday it’s acquiring the remaining 12.5% interest in the Gibraltar mine, the second largest open-pit copper operation in Canada, from current…
Antofagasta lands US$2.5B loan for Centinela copper expansion
Chilean miner Antofagasta (LSE: ANTO) has secured US$2.5 billion to finance a second concentrator at its Centinela copper mine in the country’s north, which will add 144,000 tonnes a year to…
Northern Dynasty takes EPA’s Pebble veto to court
Northern Dynasty Minerals‘ (TSX: NDM; NYSE: NAK) shares dropped on Friday after it said it filed two federal court actions over the government’s moves to prevent it from building a…
Northisle’s new gold resource may boost Vancouver Island project’s economics
Northisle Copper and Gold (TSXV: NCX) says its first resource estimate for the Northwest Expo deposit at its North Island project in British Columbia beat expectations and bodes well for…
Legacy uses AI to discover platinum in Australia
Legacy Minerals (ASX: LGM) says it’s deployed artificial intelligence software to discover platinum group elements (PGE) and nickel-copper-iron sulphides on the Fontenoy project in New South Wales, Australia. Diamond drillhole…
Update gives Seabridge’s KSM project another 5.9M inferred oz gold
A resource update for Seabridge Gold‘s (TSX: SEA; NYSE: SA) Kerr and Iron Cap deposits at its KSM gold-copper project in northwestern British Columbia has added significant amounts to its…
BC’s Nisga’a plan to launch public royalty co
The Nisga’a Nation in northwest B.C. is forming Canada’s largest Indigenous-majority owned public royalty company, demonstrating the increasing power of First Nations in resource development. A new agreement announced Thursday…
Zijin invests $130M in Solaris and its Warintza copper project
An affiliate of China’s Zijin Mining Group is investing about $130 million in Solaris Resources (TSX: SLS; US-OTC: SLSSF) for a 15% in the company, which owns the Warintza copper…
US Supreme Court nixes Alaska’s bid to keep Pebble project afloat
Shares in Northern Dynasty Minerals (TSX: NDM; NYSE: NAK) plummeted Monday after the United States Supreme Court dismissed the state of Alaska’s attempt to keep the Pebble project alive after…
Teck inks JV deals with AbraSilver and Condor Resources in South America
Teck Resources (TSX: TECK.A/TECK.B; NYSE: TECK) will be part of two new copper-gold joint venture projects in South America, its partners announced on Tuesday. In Argentina, a Teck subsidiary has…