February 1, 2024

Glencore reports lower 2023 copper, nickel, cobalt output; flags further falls

Other producers including BHP have put nickel projects on ice to counter falling prices for the metal.

January 31, 2024

NiCAN shares soar on high-grade nickel results at Wine project in Manitoba

The program followed up on results from drilling completed in last year’s first quarter, when a new nickel bearing horizon inside the Wine gabbro was discovered.

January 31, 2024

Activists, Hollywood take down top 50 mining company

The ranks of the most valuable mining companies in the world were throughly scrambled in 2023 as governments intervened, lithium and nickel prices tumbled, gold hit records and a new…

January 30, 2024

Canadian Copper signs offtake, credit facility for Murray Brook

The purpose of the credit facility is to satisfy the final Murray Brook acquisition condition and replace an existing C$2 million environmental bond with the New Brunswick government.

January 30, 2024

Lumina Gold kicks off feasibility study for Ecuador project

Feasibility study for the Cangrejos gold-copper project, in southwest Ecuador, is expected to be completed in the first half of 2025.

January 30, 2024

Rob McEwen seeks $100 million for Argentina copper mine as Milei boosts prospects

The idea is to secure fresh funds within six months for feasibility and engineering work at the Los Azules project.

January 30, 2024

Lion Copper delivers positive PEA for Rio Tinto-backed Yerington project

The integrated Yerington project has a post-tax net present value (at a 7% discount) of $356 million and an internal rate of return of 17.4%.

January 30, 2024

LME targets Hong Kong as option for warehouse expansion

Chinese rules and regulations alongside resistance from competitor Shanghai Futures Exchange have frustrated LME's attempts to expand its network to China.

January 29, 2024

Vale’s 2023 iron ore output tops guidance, but sales fall

The company produced 89.40 million metric tons of iron ore in the last three months of 2023.

January 29, 2024

First Quantum to sell 120,000 tons of copper in Panama mine

The miner said selling the copper concentrate is the best alternative to generate resources to cover the costs.