Sandvik electrifies its largest intelligent rotary blasthole drill Ideal for iron ore and copper applications, Sandvik DR416iE can drill a hole diameter range of 270 to 406 millimeters. Sandvik | June 11, 2024 | 1:09 pm
Ontario Mine Rescue names 2024 provincial competition winners Out of eight teams, Agnico Eagle’s Macassa Mine came out on top – the first provincial victory for the mine since 1986. Staff Writer | June 11, 2024 | 12:18 pm
Solaris closes $39m financing for Warintza copper project in Ecuador The net proceeds will be used primarily for exploration and infill drilling at the project and for regional exploration. Staff Writer | June 11, 2024 | 12:16 pm
US imposes sanctions on Guyanese mining magnate over alleged fraud The sanctions, which target three of Nazar Mohamed's companies as well as a Guyanese government official. Reuters | June 11, 2024 | 12:09 pm
Deep contango in LME base metals signals weak nearby buying interest Spot prices for copper and aluminum in London have moved to sharply deeper discounts to the three-month contract this week. Reuters | June 11, 2024 | 10:34 am
Elliott steps in to back faltering Canadian copper miner after bankruptcy Before Monday’s bankruptcy filing, Nevada Copper had attracted two bidders though it failed to close a deal with either one. Bloomberg News | June 11, 2024 | 10:25 am
Freeport-McMoRan looking for ways to expand copper production, CEO says The company isn’t under pressure to follow rivals like BHP in seeking acquisitions, and will instead focus on innovation to grow production and lower costs, CEO Kathleen Quirk said. Bloomberg News | June 11, 2024 | 10:10 am
Aclara pivots permitting strategy at rare earth project in Chile The company has decided to "split" the project by submitting two separate EIAs that collectively cover the full life of the project. Staff Writer | June 11, 2024 | 10:05 am
Kamoa-Kakula is now world’s third-largest copper mining complex Ivanhoe Mines has achieved first concentrate production at the Kamoa-Kakula operation’s Phase 3 concentrator. Staff Writer | June 11, 2024 | 9:58 am
