Bougainville Copper soars on Panguna licence 5-year extension

The company is attempting to reopen the giant Panguna mine, believed to hold 5.3 million tonnes of copper and 19.3 million ounces of gold.

Cecilia Jamasmie | February 2, 2024 | 3:44 am

British Columbia’s Nisga’a Nation plans Indigenous-majority owned royalty company

Vega Mining will acquire from the Nisga’a the rights to five existing annual benefit payment entitlements with projects in the Golden Triangle, in exchange for common shares in Vega’s capital.

Blair McBride | February 1, 2024 | 2:58 pm

Base metals drop as investors weigh Fed path, China consumption

Industrial metals have had a soft start to the year.

Bloomberg News | February 1, 2024 | 2:25 pm

Capstone Copper to sell 59.5 million shares to RBC Capital for $280m

The offering is expected to close on around Feb. 8.

Reuters | February 1, 2024 | 2:20 pm

Hedge funds ramp up copper bets as supply shocks reverberate

Funds including Tribeca Investment Partners, Terra Capital and Anaconda Invest all say the supply dynamics support price increases in 2024.

Bloomberg News | February 1, 2024 | 8:04 am

Glencore reports lower 2023 copper, nickel, cobalt output; flags further falls

Other producers including BHP have put nickel projects on ice to counter falling prices for the metal.

Reuters | February 1, 2024 | 7:56 am

NiCAN shares soar on high-grade nickel results at Wine project in Manitoba

The program followed up on results from drilling completed in last year’s first quarter, when a new nickel bearing horizon inside the Wine gabbro was discovered.

Blair McBride | January 31, 2024 | 10:01 am

Activists, Hollywood take down top 50 mining company

The ranks of the most valuable mining companies in the world were throughly scrambled in 2023 as governments intervened, lithium and nickel prices tumbled, gold hit records and a new listing went ballistic.

Frik Els | January 31, 2024 | 8:31 am

Canadian Copper signs offtake, credit facility for Murray Brook

The purpose of the credit facility is to satisfy the final Murray Brook acquisition condition and replace an existing C$2 million environmental bond with the New Brunswick government.

Staff Writer | January 30, 2024 | 10:43 am

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China’s Norinco agrees to buy struggling Congo cobalt miner Chemaf

London Metal Exchange mulls adding warehouse in Hong Kong

Antofagasta lowers copper treatment fees for some Chinese smelters

Vale expects to regain Onca Puma and Sossego copper mine licences

Panama’s short-term economic outlook uncertain after mine closure, IMF says

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