Lumina Gold kicks off feasibility study for Ecuador project Feasibility study for the Cangrejos gold-copper project, in southwest Ecuador, is expected to be completed in the first half of 2025. Staff Writer | January 30, 2024 | 10:35 am
Rob McEwen seeks $100 million for Argentina copper mine as Milei boosts prospects The idea is to secure fresh funds within six months for feasibility and engineering work at the Los Azules project. Bloomberg News | January 30, 2024 | 10:19 am
Lion Copper delivers positive PEA for Rio Tinto-backed Yerington project The integrated Yerington project has a post-tax net present value (at a 7% discount) of $356 million and an internal rate of return of 17.4%. Staff Writer | January 30, 2024 | 9:30 am
LME targets Hong Kong as option for warehouse expansion Chinese rules and regulations alongside resistance from competitor Shanghai Futures Exchange have frustrated LME's attempts to expand its network to China. Reuters | January 30, 2024 | 8:31 am
Vale’s 2023 iron ore output tops guidance, but sales fall The company produced 89.40 million metric tons of iron ore in the last three months of 2023. Reuters | January 29, 2024 | 1:42 pm
First Quantum to sell 120,000 tons of copper in Panama mine The miner said selling the copper concentrate is the best alternative to generate resources to cover the costs. Reuters | January 29, 2024 | 12:17 pm
Lifezone Metals stock rises on new nickel discovery at Kabanga The latest drilling results from the Safari Link area represent a near-term opportunity for resource and value addition, Lifezone said. Staff Writer | January 29, 2024 | 9:05 am
Codelco pays heavy price for ramping up debt burden to fund over-budget projects The miner sold two tranches of debt worth a total of $2 billion last week at 230 basis points and 235 points above US Treasuries. Bloomberg News | January 29, 2024 | 7:42 am
Nunavut grants White Cliff exploration permit for copper project The regulatory approval marks a major step in the permitting process, allowing the firm to appoint contractors for this year’s activities. Cecilia Jamasmie | January 29, 2024 | 3:45 am