Laurion finds fifth new discovery in CRK zone at Ishkoday

For the past year, copper traded like a seesaw on the on-again, off-again hopes of a US and China trade deal.

The Macmillan Pass project is the largest undeveloped zinc and lead resource in the world held by a junior Canadian company.

The approval allows for 30,000 metres of underground exploration drilling.

As the global demand for base metals grows, the mining industry is on the hunt for new deposits that can be developed into operating mines.

Researchers at the Sustainable Minerals Institute in Queensland are looking for sustainable solutions to some of the supply-side issues the mining industry is going to face.

The Vancouver-based company said adjusted profit fell to C$459 million in the second quarter, from C$653 million in the year-ago period.

The property lies within 15 kilometres of three current and past-producing mines.

The new rules are being put into place after years of sharp spikes and declines in the LME inventory levels attracted criticism that the data was unreliable.

The company expects to be able to process 85 million tonnes of mineral per year.