Copper
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JV Article: Solaris doubles drill program on major discovery at Warintza copper project in Ecuador
Solaris Resources (TSX: SLS) has doubled the drill campaign, from six rigs to 12, following a significant new discovery at its Warintza copper project in Ecuador’s main mining district in the southeast, as geophysics revealed a much more extensive porphyry…
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Capstone reports 2020 operations beat with strong Q4
Copper-focused miner Capstone Mining (TSX: CS) beat its production and costs guidance for 2020, driven by strong fourth-quarter output at both the Pinto Valley open pit mine in Arizona and at the Cozamin underground mine in Mexico. With a total…
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Nevada is the world’s new top mining destination
The U.S. state of Nevada is the new most attractive region for mining investors, replacing iron ore-rich Western Australia in the 2020 survey of resource and exploration companies released Tuesday by the Fraser Institute. The new version of the think-tank’s…
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Copper supply expected to move into deficit in 2021, says StoneX
Copper was already trading near eight-year highs in January but prices for the red metal surged again in mid-February, with March contracts reaching US$4.12 per lb. on Feb. 22 – nearing an all-time high of US$4.58 per lb. in 2011,…
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RANKED: World’s top 10 copper projects
For decades, the global demand for copper has been rising steadily, having tripled over the past half-century according to the International Copper Study Group. Demand for copper – a metal key to the green energy transition – is expected to…
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Max Resource’s Cesar project grows to district-scale size
Max Resource (TSXV: MXR) announced that it has, for the second time this year, expanded its Cesar copper-silver project in northeastern Colombia by adding a 500-sq.-km land package adjoining Cesar West’s northern boundary. According to the Canadian miner, with this…
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Rio Tinto to tackle customers emissions, issues biggest dividend ever
Rio Tinto (ASX, LON, NYSE: RIO) has rewarded investors with the biggest dividend in its 148-year history and laid out plans to tackle the vast carbon footprint of its global customers, in an effort to leave behind what its new…
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Costs decline at Copper Mountain in BC
Last year, Copper Mountain Mining’s (TSX: CMMC; ASX: C6C) 75%-held namesake mine in B.C. recorded all-in costs of US$1.90 per lb. copper (cash costs of US$1.53 per lb. and all-in sustaining costs of US$1.69 per lb.), in line with the…
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Kodiak preps 30,000-metre drill program at MPD copper-gold project in BC
As it prepares to kick off a 30,000-metre drill program at its MPD copper-gold porphyry project in British Columbia, Kodiak Copper (TSXV: KDK) has received assays from the final five holes of last year’s nine-hole program at the project’s Gate…
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Trilogy, South32 partner with Alaska to fund critical mine road
Ambler Metals, a joint venture between Canada’s Trilogy Metals (TSX, NYSE: TMQ) and Australia’s South32 (ASX, LSE, JSE: S32), has inked a development funding agreement with the Alaska Industrial Development and Export Authority (AIDEA) aimed at building a critical road…
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Newcrest OK’s $135M exploration decline at Red Chris
As it works toward a resource update at the Red Chris mine, Newcrest Mining (TSX: NCM, ASX: NCM) has begun construction of the box cut for a new exploration decline at the copper-gold project, 80 km south of Dease Lake,…
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Kutcho Copper grows copper-zinc resource ahead of feasibility release
Kutcho Copper (TSXV: KC) has released an updated resource for its Kutcho copper-zinc project in northwestern B.C. The latest resource features an 8% increase in measured and indicated tonnes and a 24% growth in inferred tonnes when compared with the…
