BHP’s president for Americas minerals Ragnar Udd has revealed that the world’s top miner is seeking further opportunities to develop ‘future-facing commodities’ in Canada, on the back of its failed attempt to acquire nickel explorer Noront Resources. BHP defines nickel as one of three future-facing commodities...
A Chilean environmental regulator has recommended that Anglo American’s Los Bronces copper project not be granted an extension permit, the global miner revealed over the weekend. In a statement, Anglo said Chile’s Environmental Assessment Service (SEA) had issued the recommendation to prohibit the US$3.3 billion expansion project,...
Canadian mining giant Ivanhoe Mines has reported a new production record in the first quarter of 2022 at its Kamoa-Kakula copper mine in the Democratic Republic of Congo (DRC). The large-scale mine, which began producing copper concentrates in May 2021, produced 55,602 tonnes in the first...
Chile’s state-run copper giant Codelco is preparing to offer the market some ‘non-core’ exploration assets, according to its vice president of mining resources and development, Patricio Vergara. Speaking at the CRU-CESCO World Copper Conference in Santiago yesterday, Vergara said the privatised assets could become eventual partnerships,...
Chinese-owned miner MMG Ltd has secured approval from Peru’s Ministry of Energy and Mines to expand its Las Bambas copper mine despite ongoing complaints from disgruntled local indigenous communities. Since opening in 2016, the mine has been hit with protests and road blockades by members of Chumbivilcas communities, causing...
TSX-listed Capstone Mining has completed its merger with Mantos Copper following receipt of all regulatory approvals, creating a new Americas-focused copper producer named Capstone Copper Corp. The previously agreed business combination stipulates that each Capstone common share be exchanged for one share of Capstone Copper. Following...
TSX-listed base metals company Talon Metals has unveiled a fresh array of assay results from its Tamarack nickel project in the US state of Minnesota, with one intercept returning 5.96% nickel equivalent for 15.09 metres. The new drill results from the CGO West area outside the...
Barrick Gold will start to develop one of the world’s biggest gold and copper deposits after ending a long-running dispute with host country Pakistan. Barrick and Pakistan signed an out-of-court agreement yesterday waiving an US$11 billion penalty on Pakistan handed by a World Bank arbitration court,...
Copper developer Hot Chilli has announced the agreement of an offtake with leading commodity producer and trader Glencore for its Costa Fuego copper-gold project in Chile. The agreement with Glencore, Hot Chilli’s largest shareholder at 9.96%, covers 60% of Costa Fuego’s copper concentrate for an eight-year...
BHP will invest around US$79 million for a 5% share in Canadian junior Filo Mining Corp, which is developing a copper-gold-silver project straddling the border between Argentina and Chile. Vancouver-based Filo said on Monday it would issue 6.27 million common shares in a private placement to...