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
Group Eleven shares leap on high-grade zinc-lead hits at Ballywire in Ireland One hole returned 29.6 metres grading 4% zinc, 6.6% lead, 78 grams silver per tonne and 0.15% copper from 283.4 metres depth. Blair McBride | June 11, 2024 | 8:49 am
Anglo Asian nets $5 million prepayment from Trafigura for copper sale Anglo's Azerbaijan-based subsidiary will receive $3 million immediately and a further $2 million upon resumption of flotation processing. Staff Writer | June 11, 2024 | 8:12 am
