Anglo American has had its proposal to continue operating the El Soldado copper mine in Chile rejected by a local environmental commission, in another setback for the global miner in the South American country. Despite the El Soldado Phase V project receiving recommendation for approval by...
Filo Mining Corp has announced assay results from two holes at its ongoing drilling campaign at the Filo del Sol Project in Chile, where one hole contains the best copper equivalent (CuEq) result to date. Hole FSDH055C returned 1,337.5 metres at 1.33% CuEq from 150 metres,...
Lion Copper and Gold (Lion CG) has arrived at a final agreement with Rio Tinto America covering the scope of a Stage 1 work programme at the MacArthur Copper Project in the US state of Nevada. The TSXV-listed junior struck an option to earn-in agreement in...
AIM and TSX-listed Atalaya Mining has joined forces with utility Endesa X to build Spain’s first solar power plant connected to a mining operation. The 50MW facility will be located in the Southwestern municipality of Minas de Riotinto, where Atalaya’s local subsidiary manages the historic Riotinto...
29Metals – a growing player in the Australian copper mining business – is looking to raise up to US$471 million in an initial public offering (IPO) in Sydney, after a period of touting its assets to the investor space. The EMR Capital Advisors-backed company plans to...
The copper price exceeded US$10,000 per tonne yesterday for the first time since 2011, as recovering economies turn to the ‘bellwether metal’ and mines struggle to keep up with rising demand. Prices rose as much as 1.3% to $10,008 per tonne on the London Metal Exchange...
The management consortium Nova Resources has made a final offer of £4.1 billion to acquire London-listed Kaz Minerals, in a deal that would take the copper mining giant private. Nova Resources, which is controlled by Kaz chair Oleg Novachuk and billionaire metals tycoon Vladimir Kim, said...