Arrests made, charges laid in largest gold heist in Canadian history
Police investigated the heist last April at the country’s busiest airport that may have netted thieves more than C$20 million.
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O3 Mining reports bonanza grade of 119 g/t gold at Malartic H area
First resource estimate included 10.2 million tonnes of inferred material grading 1.04 g/t and containing 342,000 oz. gold.
Western Copper and Gold raising $29 million for Casino project in Yukon
The company has an arrangement with Eight Capital, on behalf of a syndicate of underwriters, who have collectively agreed to purchase approximately 21.1 million common shares.
Codelco to benefit from entry into lithium business, says Moody’s
On Tuesday, Codelco CEO said that the company made progress in negotiating with local communities over lithium mining.
Patriot Battery’s Corvette lithium project inches forward on permitting
Based on company calculations, Corvette is home to the largest lithium pegmatite resource in the Americas.
Specialist funds cautious on copper rally, says trader IXM
Funds that specialize in metals have been more cautious than other speculators on the rally that sent copper prices to a 22-month peak this week.
Biden calls for tripling of tariffs on Chinese steel
The Biden administration is also pressuring neighboring Mexico to prohibit China from selling its metal products to the United States indirectly from there.
Russia and China trade new copper disguised as scrap to skirt taxes, sanctions
Russian RCC and Chinese firms have avoided taxes and skirted the impact of sanctions by trading in new copper wire rod disguised as scrap.
Aging copper mines are turning into money pits despite demand
Chile’s Chuquicamata is a cautionary tale for an industry beset by rising costs and heightened regulatory scrutiny.
