June 14, 2023

Codelco CEO leaves as copper giant faces lithium role, output slump

Codelco’s production has dropped more than 11% to a 25-year low in 2023, despite investing about $3.5bn a year to revamp its aging mines. 

June 14, 2023

Hudbay Minerals, Copper Mountain shareholders approve merger

Combined company will become Canada’s third largest copper miner, with an estimated 2023 production of 53,000 tonnes.

June 14, 2023

Cornish Metals to start dewatering South Crofty mine

The Canadian junior is targeting 2026 to re-open the past-producing tin-copper mine in Cornwall, England.

June 13, 2023

Copper market poised for unprecedented growth: Citigroup’s insights and predictions

Electric vehicles (EVs) require up to three times more copper compared to traditional internal combustion engine (ICE) vehicles.

June 13, 2023

Boliden to suspend operations at Irish zinc mine, sees Q2 setback

The Tara mine accounted for half of Boliden's zinc concentrate in 2022.

June 13, 2023

Looming copper shortage will benefit these stocks: RBC analyst

RBC Dominion Securities analyst Sam Crittenden detailed a looming shortfall in copper supply that should keep the commodity price higher.

June 13, 2023

Indonesia’s Merdeka targets 2023 gold output of up to 140,000 oz

Copper output is estimated between 16,000 and 20,000 tonnes.

June 13, 2023

Copper price rises as China’s rate cut raises stimulus hopes

The central bank of China lowered a short-term lending rate for the first time in 10 months to prop up its post-pandemic recovery.

June 13, 2023

Canadian Copper grabs majority stake in Murray Brook VMS deposit in New Brunswick

According to a technical report, Murray Brook represents the 5th largest VMS deposit within the Bathurst camp.

June 13, 2023

Almost a quarter of Canada’s GDP exposed to climate risk – study

Study by the University of Waterloo found that as carbon costs rise, assets of $256 billion are at risk of being lost in Canada.