Zambia sees KoBold spending $2.3 billion on giant copper mine The Bill Gates-backed company aims to produce more than 300,000 metric tons per year at Mingomba. Bloomberg News | June 7, 2024 | 7:50 am
Hudbay, unions sign letter of intent for copper project in Arizona The Copper World mine is expected to produce about 92,000 tonnes of the metal a year for the first decade of its anticipated 20-year life. Staff Writer | June 7, 2024 | 5:33 am
Codelco targets 2030 start at Maricunga lithium project Construction at the project, dubbed “Paloma”(dove), is expected to start in early 2027, with Codelco's partner to be announced in early 2025. Cecilia Jamasmie | June 7, 2024 | 3:52 am
Government regulation top threat facing British Columbia mining industry — report Regulatory factors need to be addressed as province “primes itself to become one of the most reliable and sustainable suppliers of critical metals in Canada and globally,” says PWC. Staff Writer | June 6, 2024 | 4:57 pm
Copper’s spike isn’t justified by fundamentals, Trafigura says Trafigura has long been one of the copper market’s most bullish voices. Bloomberg News | June 6, 2024 | 9:25 am
New copper fund revives controversial product Sprott Inc. has launched a $100 million fund that will buy and hold physical copper. Bloomberg News | June 6, 2024 | 9:20 am
Nevada Copper fears shutdown without immediate funding; stock plunges The miner said it generated lower sales through the ramp-up process in Q4 than previously anticipated, which impacted its financing requirements. Staff Writer | June 6, 2024 | 8:17 am
Newmont CEO sees copper demand boom driving mining deals Tom Palmer pointed to artificial intelligence as a surprisingly large new source of copper demand. Reuters | June 6, 2024 | 7:01 am
SolGold inks exploitation contract for Ecuador copper-gold project The document outlines legal and financial terms and conditions required for the development of SolGold's flagship Cascabel project. Cecilia Jamasmie | June 6, 2024 | 6:09 am