Want to see a real short squeeze? Come to the tin market Stocks are nearly depleted, the contract is experiencing unprecedented degrees of technical tightness and the tin price is punching out seven-year highs. Reuters | February 5, 2021 | 10:27 am
Eskay buys 19.5% stake in Garibaldi Resources, shares up Shares of Eskay Mining hit a 52-week high on the latest acquisition. MINING.COM Staff Writer | February 5, 2021 | 9:40 am
Tsingshan to finance bulk of $2.8bn Indonesia copper smelter with Freeport The smelter could produce copper pipes and wires with an output value of $10 billion. Reuters | February 5, 2021 | 9:05 am
Zambia is done for now with taking over mining companies Zambia last century had a painful experience with mine nationalization. Bloomberg News | February 5, 2021 | 8:47 am
Mineração Vale Verde secures $140m for Serrote project in Brazil The Serrote copper-gold project is now fully funded through to production. MINING.COM Staff Writer | February 5, 2021 | 6:03 am
Northisle tables updated PEA on 22-year mine at North Island in BC Northisle Copper and Gold (TSX: NCX) has released an updated preliminary economic assessment (PEA) on a 22-year, 75,000 t/d open pit development […] Canadian Mining Journal Staff | February 4, 2021 | 10:14 am
KAZ Minerals buyout group lifts bid by 700m pounds But the offer is still likely to draw resistance from minority shareholders who had previously said they would vote against it. Reuters | February 4, 2021 | 10:09 am
Trafigura, Mubadala said to weigh sale of Spanish copper miner The joint owners have been discussing a potential disposal of Minas de Aguas Tenidas, which could be valued at about $2 billion. Bloomberg News | February 4, 2021 | 9:52 am
Proposal to ban big mines put to vote in southern Ecuador The referendum threatens to derail more than 40 concessions seeking to tap gold, silver and copper reserves. Bloomberg News | February 4, 2021 | 9:17 am