Copper price surges as supply worries return

Copper price surges as supply worries return

The price of copper surged on Tuesday after a strike at one of the largest copper mines in the world and optimism about a ceasefire in the trade war between the world’s two largest economies. In afternoon trading in New York, copper for delivery...

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Cordoba to restart PEA work for Alacrán deposit in Colombia

Cordoba to restart PEA work for Alacrán deposit in Colombia

Cordoba Minerals (TSXV: CDB) announced that it has restarted work on the Preliminary Economic Assessment for the Alacrán deposit, located within its 100%-owned San Matías copper-gold project in Colombia. In a press release, the Vancouver-based...

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Strike at Codelco’s largest copper mine triggers new supply fears

Strike at Codelco’s largest copper mine triggers new supply fears

About 3,200 unionized workers at Codelco’s Chuquicamata copper mine in Chile downed tools on Friday after failing to reach a deal with the company, the world’s largest copper producer. The state-owned miner’s final offer, put forward on...

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ALX acquires nickel, copper, cobalt claims in Saskatchewan

ALX acquires nickel, copper, cobalt claims in Saskatchewan

ALX Uranium (TSXV: AL) announced that it acquired claims prospective for nickel, copper and cobalt mineralization totaling approximately 7,169 hectares at its Falcon nickel project located in the northern Athabasca region of Saskatchewan. In a...

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SolGold strikes lucky at Ecuador’s Andean copper belt again

SolGold strikes lucky at Ecuador’s Andean copper belt again

Australia’s SolGold (LON, TSX:SOLG) announced Thursday it had made a new key discovery in the northern part of Ecuador’s Andean copper belt Ecuador, this time on its Sharug project, one of the company’s 12 priority prospects. The miner, which...

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New Energy to acquire project near Codelco’s and BHP’s mines in Chile

New Energy to acquire project near Codelco’s and BHP’s mines in Chile

Canada’s New Energy Metals (TSXV: ENRG) announced that it entered into a letter of intent with certain arm’s length vendors to be granted the exclusive right and option to acquire an initial 70% royalty-free interest in and to certain exploration...

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DeepGreen closer to mining battery metals from the sea after $150m injection

DeepGreen closer to mining battery metals from the sea after $150m injection

Canada’s DeepGreen Metals, a start-up planning to extract cobalt and other battery metals from small rocks covering the seafloor, has secured the bulk of the $150 million it needs to carry out its first feasibility studies. The financing...

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Copper market faces larger shortages, supply issues simmer

Copper market faces larger shortages, supply issues simmer

Copper’s price slide due to the escalating U.S.-China trade dispute suggests a deteriorating fundamental picture, but bubbling away in the background are supply side problems that are likely to lead to a tighter market. Copper is used in...

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Eldorado Gold Shares up 14% on Optimism Over Greek Snap Election

Eldorado Gold Shares up 14% on Optimism Over Greek Snap Election

Shares of Eldorado Gold rose as much as 14.6% on Monday on optimism that a snap poll called by Greece could result in the election of a new business-friendly party and help resolve permitting problems the miner has faced for years. Greek Prime...

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Royal Road’s shares jump on Agnico Eagle investment

Royal Road’s shares jump on Agnico Eagle investment

Royal Road Minerals’ (TSX-V: RYR) shares jumped over 8% by mid-day Friday, following the announcement of a C$5million ($3.7m) private placement from Agnico Eagle Mines. Agnico Eagle now owns 42,512,708 ordinary shares of Royal Road, representing...

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BHP more bullish on long-term EV prospects

BHP more bullish on long-term EV prospects

The world’s largest miner, BHP (ASX, NYSE: BHP), has lifted its forecasts for the global adoption and sales of electric vehicles (EVs), but warns the electrification of the transport sector will proceed only as fast as the development of charging...

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