Barrick projects 30% growth in gold-equivalent production by 2030 CEO Mark Bristow says the miner has had the luxury of having an asset base to support organic growth well into the future. Staff Writer | September 17, 2024 | 1:43 pm
Zijin vows to keep investing in Canadian mining despite crackdown The comments echo sentiments expressed in March by China’s ambassador to Canada. Bloomberg News | September 17, 2024 | 12:33 pm
Private equity firm emerges as successful bidder for Nevada Copper An affiliate of Kinterra Capital made a stalking horse bid of $128 million for substantially all of Nevada Copper's assets last month. Staff Writer | September 17, 2024 | 11:13 am
Zambia mines lobby calls on government to halt reforms The government recently announced plans to establish a state-owned firm to control at least 30% of future mines’ production. Bloomberg News | September 17, 2024 | 10:18 am
Bank of America forecasts copper price above $10,000, iron ore price below $80 by 2025 While the outlook for iron ore appears grim, BofA remains bullish on copper due to strong structural demand. Staff Writer | September 17, 2024 | 10:07 am
Magna Mining PEA update hikes return five-fold for Crean Hill nickel project The PEA gives the underground mine a base case post-tax net present value (at an 8% discount) of C$194.1 million. Canadian Mining Journal Staff | September 17, 2024 | 9:57 am
Midnight Sun solves Zambian licence error The disputed Kazhiba licence is one of three target areas on the company’s 506-sq.-km property. Colin McClelland - The Northern Miner | September 17, 2024 | 8:50 am
BHP warns AI boom would worsen copper shortage Growth of data centres and AI could boost copper demand by 3.4 million tonnes a year by 2050, CFO Vandita Pant said. Cecilia Jamasmie | September 17, 2024 | 7:17 am
First Quantum offers voluntary retirement to Cobre Panama workers The mine was shut down in November, hours after Panama's Supreme Court declared its contract unconstitutional. Reuters | September 16, 2024 | 4:31 pm