McEwen Copper makes share offer of $70 million to advance Los Azules McEwen is currently working on a bankable feasibility study for Los Azules, due by the end of the first quarter of 2025. Staff Writer | June 25, 2024 | 10:55 am
Japan finds over 200 million tonnes of battery metals in seabed The nodules are said to contain 610,000 tonnes of cobalt (75 years of Japan’s consumption) and 740,000 tonnes of nickel (11 years). Cecilia Jamasmie | June 25, 2024 | 4:09 am
Fireweed closes upsized offering for critical metals exploration in northern Canada The net amounts raised by both types of flow-through shares will be used for exploration expenses in the Yukon Territory. Staff Writer | June 24, 2024 | 11:35 am
Ex-Trafigura metals boss to run new team of 40 at rival Mercuria A copper trader who has long been one of the most bullish voices in the market, Kostas Bintas will start next week at Mercuria. Bloomberg News | June 24, 2024 | 11:11 am
Adani, Hindalco show interest as Hindustan Copper plans to develop two mines Both mines with a combined capacity of 3 million metric tons are located in the eastern state of Jharkhand. Reuters | June 24, 2024 | 7:23 am
Heavy rains in Chile cause mining tailing overflow A tailings dam belonging to copper miner Las Cenizas in central Chile began overflowing overnight on June 13. Reuters | June 24, 2024 | 7:05 am
Karelian says independent report confirms nickel and copper in Northern Ireland Assessment prepared by an independent consultant confirms the potential for nickel, copper and PGMs at the company's licences. Staff Writer | June 24, 2024 | 5:51 am
Friedland, McEwen back Power Nickel’s “oversubscribed” $15m funding The exploration junior has amassed $15 million to expand exploration on its 80%-owned NISK project in Quebec. Cecilia Jamasmie | June 24, 2024 | 3:39 am
Hedge funds’ bullish copper bets run into China’s slowdown Without western investors buying, all eyes are back on China, and a copper market that several industry insiders say is still the weakest they’ve ever seen it. Bloomberg News | June 23, 2024 | 12:12 pm