Copper
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Barrick reports in-line production; expects stronger output in H2
In the first quarter of 2021, Toronto-based gold major Barrick Gold (TSX: ABX; NYSE: GOLD) produced 1.1 million oz. of gold and 93 million lb. of copper, in line with its plan for the year. In the production release, the…
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Glencore shareholders revolt over CEO’s pay
Proxy adviser Glass Lewis, one of Glencore’s (LSE: GLEN) top shareholders, is pushing investors to vote against the company’s plans to pay its new chief executive Gary Nagle up to US$10.4 million. In a report for clients, Lewis said it…
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HighGold steps out Johnson Tract in Alaska
Final results for nine holes drilled as part of a 32-hole drill program completed last year at HighGold Mining’s (TSXV: HIGH) gold-polymetallic project in southcentral Alaska expand mineralization by 180 metres down-plunge, and on strike of earlier stepout intercepts. Overall,…
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Rio Tinto, Turquoise Hill strike funding deal for Oyu Tolgoi
The binding agreement ends a long-dragged standoff between the companies over funding for an expansion of the copper-gold mine in Mongolia.
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Troilus expands Southwest zone on strike and downdip
Drilling at the Southwest zone, 2.5 km southwest of the main mineral corridor, at Troilus Gold’s (TSX: TLG) project in Quebec has stepped out the 2019 discovery by over 400 metres along strike and by up to 450 metres downdip.…
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Mason PEA suggests project could double Hudbay’s copper output
A preliminary economic assessment (PEA) on Hudbay Minerals’ (TSX, NYSE: HBM) Mason porphyry copper project in Nevada outlines a large-scale open pit operation that could become the third-largest copper mine in the U.S., more than doubling the miner’s copper production.…
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Liberty Gold triples TV Tower resource in Turkey
Liberty Gold (TSX: LGD) has released a new resource estimate for its majority-owned TV Tower project in Turkey, tripling the existing resource on a gold-equivalent basis compared with a previous estimate from 2014. The estimate brings five new deposits at…
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All the mines Tesla needs to build 20 million cars a year
MINING.COM executive editor Frik Els takes a look at how much metal Tesla will actually need to meet its ambitious production plans.
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Power Play: CMJ and Mining Intelligence take a look at Canada’s top undeveloped battery minerals projects
The largest undeveloped battery projects in Canada
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QC Copper to buy 50% share of ‘strategic’ Roger project in Quebec
QC Copper and Gold (TSXV: QCCU) has signed a definitive agreement with Pasofino Gold (TSXV: VEIN) to add a 50% share of the Roger copper-gold project in Quebec’s Chibougamau district to its portfolio of copper-gold holdings in the region. In…
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Arizona Metals raising $15M to triple Kay Mine drilling to 75,000 metres
Toronto-based Arizona Metals (TSXV: AMC) has entered into an agreement with a syndicate of underwriters, led by Stifel GMP and Clarus Securities, to raise $15 million. These funds are expected to allow the Arizona-focused explorer to triple its Kay Mine…
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Red Chris resource from Newcrest confirms block cave potential
With a prefeasibility study expected for the Red Chris mine in B.C. by the end of September, Australia-based operator Newcrest (ASX, TSX: NCM) has released an updated resource for the project. Newcrest is looking at the possibility of developing an…
