Hudbay Minerals closes second quarter with $14.9 million loss

It attributed the results to the acquisition of Copper Mountain, as well as lower copper and zinc prices, higher costs and lower sales.

Cecilia Jamasmie | August 9, 2023 | 4:07 am

Nunavut copper finds send Aston Metals shares through the stratosphere

The Storm copper project on Somerset Island, Nunavut, has been the focus of intensive exploration efforts.

Henry Lazenby | August 8, 2023 | 2:45 pm

Barrick CEO sees few good deals despite mining’s M&A revival

"The problem is that, in the gold industry, most of the tier one assets remaining are embedded in bad assets. And you can’t unlock them,” Bristow says.

Bloomberg News | August 8, 2023 | 1:28 pm

An inconvenient truth… there’s not enough critical metals to reach net zero

Data from the US Geological Survey suggests global copper reserves will fall short by 80%, global nickel reserves by 90%, and cobalt by around 96%.

James Cooper | August 8, 2023 | 10:25 am

Peru copper output grows in first half of 2023, up 22% in June

Copper output was hit earlier this year after nationwide protests, but mining conglomerate Grupo Mexico has been upbeat.

Reuters | August 8, 2023 | 10:13 am

Charted: America’s import reliance of critical minerals

The US is 100% reliant on imports for at least 12 key minerals deemed critical by the government.

Visual Capitalist Elements | August 8, 2023 | 9:02 am

Copper price lowest in nearly a month on Chinese trade data

Data showed China's imports and exports fell much faster than expected in July.

MINING.COM Staff Writer | August 8, 2023 | 8:45 am

Barrick beats quarterly profit estimates on higher gold prices

The company also maintained its full-year production outlook for gold and copper.

Reuters | August 8, 2023 | 7:27 am

How chilly relations with China are playing out for Canada’s miners

Three key stories have characterized the first half of the year.

Zachary Parsons | August 7, 2023 | 2:54 pm

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China Zinc smelters plan to cut output by 10%

Zinc’s horror run continues on rising supply, trade-war angst

Gold mining the least polluting in the metals sector — WGC

Tinka stock jumps after drill result

Trade worries aside, copper price has further to fall

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