Eastern promise for PolarXSPONSOREDpolarxKores has participated in the project, which commenced production in February, since 2012, while reports it wants to sell its interest began circulating as long ago as 2014. The company aims to select a final bidder in May. In January 2018, it sold a precious metal stream its Cobre Panama interest to Franco-Nevada for US$178 million.Kores was a founding par...Read More
Alkane maps own path to world-class critical metals producerSPONSOREDalkane resources"Newcrest is one of the largest gold mining companies in the world, operating mines in Australia, Papua New Guinea, and Indonesia, and we are pleased to have entered into this agreement with them," said Cornerstone's president and CEO Brooke Macdonald.Cornerstone has almost completed an environmental impact assess...Read More
Anglo American Plc (LON:AAL) has hired three investment banks to fend off a potential takeover bid from the billionaire owner of Vedanta Resources Ltd (LON:VED), Anil Agarwal, the Telegraph reported, citing unidentified people.Agarwal has previously stated he had no intention to take over the miner, but bankers think he is now working with adviser JP Morgan Chase & Co to help finance a bid as soon...Read More
Less than a week after agreements were signed and protesters lifted a blockade impeding trucks from bringing copper into the markets from MMG's Las Bambas, there are threats of a new rally just outside the mine.On Saturday, the president of the Nueva Fuerabamba community, Gregorio Rojas, told local media that he is willing to organize a new blockade if the government doesn't archive the criminal c...Read More
(Bloomberg) - An iPhone assembler, e-commerce emporium and real-estate developer typically don't compete in the same business - except when it comes to electric vehicles in China.That's because of a seismic shift toward EVs, which has spurred billions of dollars in investments by traditional carmakers, startups and titans of the internet, electronics and real-estate industries. The rush is on even...Read More
Eastern promise for PolarXSPONSOREDpolarxThe company has filed a prefeasibility study that considers an independent and phased openpit operation at Pumpkin Hollow, which will be value accretive for shareholders.Read More
Chile's Cochilco state copper commission on Thursday held its estimate for the price of copper at $3.05 per pound, rising to $3.08 for 2020 on improving prospects for growth in China.The price, it said, would be underpinned by a 208,000 tonne deficit in the global market for 2019. The deficit is expected to drop slightly to 202,000 tonnes in 2020.Cochilco said production this year in Chile, the wo...Read More
Barrick Gold Corporation (NYSE: GOLD, TSX: ABX) announced today that it achieved preliminary Q1 production of 1.37 million ounces of gold and 106 million pounds of copper, both in line with its operating plans and guidance.After setting a production record at the its Kibali mine last year, Barrick says the operation is on track for another record performance in 2019. The Kibali gold mine is a join...Read More
In a vital south Indian state that starts voting on Thursday, small upstart political parties are luring voters concerned about jobs, economic growth and pollution, threatening to upend Prime Minister Narendra Modi's election strategy in this key region.In Tamil Nadu, a small breakaway group, called Amma Makkal Munnettra Kazagam, is attempting to make inroads in one district by promising to shutte...Read More
British bank Barclays and hedge fund Red Kite Group have settled a legal dispute in which the fund accused the bank of manipulating the copper market and causing it to lose money."Legal proceedings between the Red Kite group as Claimants and Barclays Bank PLC as Defendant have been concluded on mutually acceptable terms," Barclays said in a statement on Thursday, without giving details of the sett...Read More
Eastern promise for PolarXSPONSOREDpolarxThe planned Black Butte underground operation is at the permitting stage with the challenge for developers at the project (and in the region) revolving around environmental queries.Read More
Global Atomic's 'transformational discovery' changes everythingSPONSOREDglobal atomic corpAlkane maps own path to world-class critical metals producerSPONSOREDalkane resourcesWestern Atlas drill-ready in NunavutSPONSOREDwestern atlas resourcesHow to monitor and manage your Tailings Storage FacilitySPONSOREDisometrixGlencore's Jeff Gerard will take on the top job on May 2, replacing Dan...Read More
Global Atomic's 'transformational discovery' changes everythingSPONSOREDglobal atomic corpAlkane maps own path to world-class critical metals producerSPONSOREDalkane resourcesWestern Atlas drill-ready in NunavutSPONSOREDwestern atlas resourcesHow to monitor and manage your Tailings Storage FacilitySPONSOREDisometrixThe Elementos share price has been remarkably stable over the past four...Read More
Eastern promise for PolarXSPONSOREDpolarxThe company has 24 drill rigs operating throughout the Curaçá Valley, including 11 within Vermelhos and 13 within Pilar.Ero is the latest vehicle of copper exploration legend David Strang, who is president and CEO.Eastern promise for PolarXSPONSOREDpolarxDrilling at Vermelhos has resulted in meaningful increases in previously modeled thickness...Read More
Eastern promise for PolarXSPONSOREDpolarxLos Helados is a large copper-gold porphyry deposit in Chile's Region III, comprised of adjacent mineral titles in Chile and Argentina. Upon completion, the spinco will hold about 63% of Los Helados and a portfolio of exploration interests. The remaining 37% interest is held by its exploration partner Pan Pacific Copper, operator of the Caserones mine some...Read More
Global Atomic's 'transformational discovery' changes everythingSPONSOREDglobal atomic corpAlkane maps own path to world-class critical metals producerSPONSOREDalkane resourcesWestern Atlas drill-ready in NunavutSPONSOREDwestern atlas resourcesHow to monitor and manage your Tailings Storage FacilitySPONSOREDisometrixSteel companies are reaping the benefits of the now-level trade situati...Read More
Power Ore has completed the digitization and geological model for the Opemiska copper complex near the town of Chapais in the Canadian province of Quebec. Based on all available drilling data, it has confirmed the distribution of disseminated material around the known veins. There is also widespread disseminated mineralization near the contact with underlying rhyolite.Power Ore says the new geolog...Read More
Katanga Mining Ltd, a unit of Glencore Plc, on Wednesday named Glencore Coal's chief development officer Jeff Gerard to the top job, taking over from Danny Callow.Gerard will take over on May 2 and will also serve as the head of Glencore's assets in the Democratic Republic Of Congo and oversee its Mutanda mining operation in the country.(Reporting by Arathy S Nair in Bengaluru; Editing by Arun Koy...Read More
The price of copper jumped on Wednesday after upbeat industrial activity data from China, consumer of half the world's industrial metals, provided evidence that Beijing's stimulus program is finally filtering through to the real economy.Copper for delivery in May added more than 2% to touch a high of $2.9955 per pound ($6,604 per tonne) on the Comex market in New York. It's the highest level since...Read More
The joint venture - Copper Fox 25% and Teck Resources 75% owned - continues to move forward with work at the Schaft Creek advanced exploration project. Located 375 km northwest of Smithers, the property is a potential producer of copper, gold and molybdenum.An in-depth conceptual study has begun to follow up on last year's sizing and infrastructure alternatives. The project is also being de-risked...Read More