Tag: Copper

Mining’s top industry group with BHP (NYSE: BHP; LSE: BHP; ASX: BHP) and Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) among its members has published a framework for companies to determine their emissions, including how to unravel pollution by suppliers and customers.

Facing more restrictive foreign investment policies in developed markets, China is expected to continue building its influence over key minerals such as lithium and cobalt across the developing world, according to S&P Global.

As the world’s largest metal consumer, the second largest economy in the world, and the largest funder of overseas metal projects, China’s impact on the mining business globally cannot be overstated.

Chilean state copper company Codelco is partnering with Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) to explore the Australian miner’s recently acquired Agua de la Falda copper asset in the country’s north.

Vancouver’s Los Andes Copper (TSXV: LA; US-OTC: LSANF) has signed a US$20-million royalty agreement with Ecora Resources (TSX: ECOR). The royalty includes a 0.25% net smelter royalty (NSR) on sales from open pit operations and a 0.125% NSR on underground production.

Ecuador-focused SolGold (LSE: SOLG) said on Monday it had been granted a 25-year licence renewal for its flagship Cascabel copper-gold project in the Andean country.

U.S. Gold (NASDAQ: USAU) has been granted a key permit that allows the company to proceed with construction at its proposed CK gold-copper-silver mine in Wyoming.

Faraday Copper (TSX: FDY; US-OTC: CPPKF) has released a fresh round of assay results from its flagship Copper Creek project in Arizona, with drilling highlighting the potential to connect two conceptual open pits in an upcoming resource estimate.

Marimaca Copper (TSX: MARI) has secured a $20-million investment from Mitsubishi Corp. that will give the Japanese firm a 5% stake in the junior. Proceeds of the investment, which comes via a private placement, will be used to accelerate the development Marimaca’s flagship copper project located in the Antofagasta region of Chile.

The Norwegian government outlined on Tuesday details of a plan to open its sea floor for commercial mineral exploration and extraction, targeting metals considered essential for the transition to a greener economy.

Los Andes Copper (TSXV: LA; US-OTC: LSANF) has been authorized to restart drilling at its flagship Vizcachitas project in Chile following a court ruling that lifted an injunction against the company that lasted more than a year.

Hudbay Minerals (TSX: HBM; NYSE: HBM) and Copper Mountain Mining (TSX: CMMC) shareholders have approved the resolutions required to complete their planned merger.