September 11, 2023

P2 Gold updates Gabbs PEA to 1.9 million oz. gold equivalent

The updated PEA gives Gabbs an after-tax net present value with a 5% discount of $292.2 million and an internal rate of return of 17%.

September 11, 2023

Hudbay’s ‘enhanced’ Copper World prefeasibility gets mixed reviews

The study, released Friday, drew mixed reactions from experts, mainly due to increased operating costs and cautious permitting approaches.

September 11, 2023

Copper price climbs amid Chinese currency recovery

New bank lending in China beat expectations by nearly quadrupling in August from July as the central bank sought to shore up economic growth.

September 11, 2023

Russia’s largest untapped copper deposit starts concentrate production

The long-awaited Udokan project in Russia's far east is coming on stream at a challenging time.

September 10, 2023

Antamina’s president says Peru should focus on brownfield projects

Víctor Gobitz proposed concentrating efforts on brownfield projects given that there are no new operational deposits in Peru.

September 10, 2023

US, Saudi Arabia in talks to secure metals in Africa – WSJ

A state-backed Saudi venture would buy stakes in mining assets worth $15 billion in African countries, which will permit US companies to buy some of the production.

September 9, 2023

First Quantum reaches deal with Panama copper mine union, avoids strike

The worker's union had threatened on Thursday to stop work on Saturday, alleging an impasse in negotiation with the directors of Minera Panama.

September 8, 2023

Metalla, Nova combine to create ‘industry-leading’ intermediate royalty company

The purchase price gives Nova a total equity value of C$190 million on a fully-diluted basis.

September 8, 2023

Strike looms at First Quantum’s copper mine in Panama on impasse in wage talks

The negotiation remained stuck on disagreements over profit sharing and salary increase.

September 8, 2023

Abandoned Minto mine in Yukon officially put up for sale

The mine started operations in 2007 and produced about 500 million pounds of copper since.