May 14, 2024

Troilus Gold shares fall on Quebec project feasibility study

The Troilus project has an estimated net present value (discounted at 5%) of $884.5 million and an internal rate of return of 14%.

May 14, 2024

SolGold secures $10 million loan for Cascabel

Loan provides cash to support ongoing operations and flexibility to finalize a more comprehensive financing arrangement.

May 14, 2024

Codelco working to meet Q2 production goal, CEO says

The state-run copper miner is pushing to boost production up from its lowest in 25 years.

May 14, 2024

CME copper premium to LME attracting metal shipments to US

Hedge funds have increased their positions in the futures market amid relatively strong demand in the US.

May 14, 2024

European deep mine operators looking into underground energy storage

Underground energy storage gives end-of-life mine shafts, which otherwise face costly infilling and decommissioning costs, a second life.

May 14, 2024

Anglo American to sell De Beers, Amplats to fend off BHP’s bid

Anglo plans to focus on copper while spinning out or selling its less profitable diamond, platinum, coal and nickel businesses.

May 13, 2024

Peru copper output flat in March, but up 3.5% in Q1 2024

March production edged down 0.1% compared to the same month in 2023, new ministry's data showed.

May 13, 2024

Congo allows Zijin mine to resume operations, ministry letter says

Mining operations at COMMUS could resume as long as the company ensured radiation levels remained in line with standards.

May 13, 2024

Chile truckers protest rising crime in threat to mine transport

There were no immediate reports of disruptions at Chile’s giant copper and lithium operations.

May 13, 2024

Freeport enters earn-in on Max Resource’s Cesar project in Colombia

According to Max, the Cesar project is host to one of the world's largest underexplored sedimentary copper-silver systems.