Majuba Hill acquires Copper King and Desert Mountain claims in Utah
The two claim blocks are 56 miles southwest of Kennecott’s prolific Bingham Canyon Mine Complex.
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Liontown rejects $3.7 billion proposal from Albemarle
Liontown Resources rejected a non-binding indicative proposal of A$2.50 per share.
British Columbia eyes economic boost with three new gold mines
It has been six years since the last new gold mine – Brucejack – went into production in the province
Thungela seeks more coal assets as rail woes worsen
Thungela posted record profit last year as European demand for coal surged following Russia’s invasion of Ukraine.
Trapped miners in east Congo tumble out of rubble intact in viral video
A video showing nine Congolese miners unexpectedly popping out of a collapsed gold mine and tumbling down a steep slope as onlookers cry out in joy has gone viral.
Foran closes C$100m private placement for Saskatchewan exploration
Foran holds eight properties encompassing over 140,000 hectares within the Hanson Lake District of eastern Saskatchewan.
Copper price rises on lower supply
Copper inventories in warehouses monitored by the Shanghai Futures Exchange were down 11.6% last Friday.
Gold price down as investors pivot to riskier assets
There is a sense of calm in the markets and a flight back into some of the risk-on assets, says analyst.
Copper Mountain shrugs off disappointing 2022, sets improved output guidance
For 2023, the company is forecasting copper production to reach 88 million to 99 million lb.