MMG shuts Las Bambas copper mine amid Peru protests
China-backed miner MMG Ltd has placed its vast Las Bambas copper mine in Peru, the world’s second largest producing nation of the metal, on care and maintenance due to ongoing…
South America
Tombador Iron halts Brazil mine due to unrest
Australia’s Tombador Iron (ASX: TI1) has temporarily halted production at its flagship iron ore mine in Brazil, as an ongoing blockade in the state of Bahia is disrupting logistics. Unrest…
TNM Drill Down: Freegold Ventures reports top gold assay for Jan. 20-27
Our TNM Drill Down features highlights of the top gold assays of the past week. Drill holes are ranked by gold grade x width, as identified by our sister company Mining…
US markets post gains over Jan. 23-27 trading week
The Dow Jones Industrial Average advanced 602.59 points or 1.81% to finish the Jan. 23-27 trading week at 33,978.08 and the S&P 500 rose 97.95 points or 2.47% to 4,070.56….
TSX moves higher during Jan. 23-27 trading week
The S&P/TSX Composite Index rose 211.3 points or 1.03% to finish the Jan. 23-27 trading week at 20,714.50. The S&P/TSX Global Mining Index fell 0.35 points or 0.29% to 120.80…
VRIC 2023: Junior metals M&A to remain muted in 2023
Mining personality and resource speculator Rick Rule harbours little hope that the pace of junior resource sector mergers and acquisitions activity will quicken in the coming 12 months as quality…
Lundin Gold eyes resource expansion at Fruta del Norte in Ecuador
Lundin Gold (TSX: LUG; OTC: LUGDF) has discovered a new mineralized zone south of its rich Fruta Del Norte (FDN) mine in southeast Ecuador, with recent drilling also confirming that…
Weaker consumer confidence dents plug-in electric vehicle uptake, critical minerals briefing hears
Near-term macroeconomic conditions could slow the uptake of plug-in electric vehicles, but strong sales growth will persist through the medium term, an industry event heard this week in Vancouver. Capitalight…
2023 is ‘likely to surprise’ us as much as 2022 did, finds White & Case survey
Inflation and geopolitics have overtaken ESG as the biggest concerns for 2023, while energy costs, shifting supply chains, and climate-related regulation and activism still worry firms. Despite shared concerns, there…
Energy Metals Snapshot: Eight companies to watch
As zero-emissions technologies continue to develop, demand is steadily rising for uranium, nickel, lithium, copper and graphite. Here’s a glimpse of eight companies exploring for or mining the energy metals. Baselode Energy …
Marimaca Copper infill drilling yields best results to date at oxide deposit in Chile
Marimaca Copper (TSX: MARI; US-OTC: MARIF) has released the final batch of reverse circulation (RC) drill results from last year’s infill drilling campaign at the Marimaca oxide deposit (MOD) in…
Glencore halts operations in Peru due to violent protests
Following an attack on Jan. 20 that set on fire a worker housing area, Glencore (LSE: GLEN) announced that it has halted operations at the Antapaccay copper mine in southern…