Tag: Copper

Danakali (ASX: DNK) warned shareholders on Friday of “predatory activity” by unidentified groups currently approaching investors with “vulture” offers for their stakes in the company, seeking to pay as little as A1¢ per share.

Taseko Mines (TSX: TKO; NYSE: TGB; LSE: TKO) has inked a deal with Taurus Mining Royalty Fund that would allow it to speed up construction of its Florence copper mine in Arizona.

Shares of American Pacific Mining (CSE: USGD; US-OTC: USGDF) skyrocketed Thursday after the company released the third and final batch of assay results from its 2023 drill program at the high-grade volcanogenic massive sulphide (VMS) Palmer project in Alaska.

Arizona Sonoran Copper (TSX: ASCU) stock closed 10% higher in Toronto Thursday after the company signed a deal that could make a Rio Tinto (LSE: RIO; ASX: RIO) subsidiary a partner and de-risk the Cactus project.

Canadian mining mogul Rob McEwen is upping his stake in Goliath Resources (TSXV: GOT; US-OTC: GOTRF), a junior that’s advancing gold projects in northwestern British Columbia.

Rio Tinto (LSE: RIO; ASX: RIO) is reshuffling its interests in two Canadian projects as it seeks to focus on green energy metals such as copper.

American West Metals (ASX: AW1; US-OTC: AWMLF) on Monday reported bonanza-grade copper and zinc grab samples at the Tempest prospect of the Storm project in Nunavut.

Lundin Group copper and gold explorer NGEx Minerals (TSXV: NGEX) said Friday it has restarted and increased the drill rig count at the Lunahuasi project in Argentina to four following a recent $85.7 million financing.

Chile’s Codelco, the world’s top copper producer, plans to invest an additional US$720 million ($985.6 million) revamping its century-old Chuquicamata copper mine, in an effort to stop the company’s overall production decline.

Teck Resources (TSX: TECK.A, TECK.B; NYSE: TECK) is selling its coal assets to Glencore (LSE: GLEN) and two Asian steelmakers for US$8.9 billion, Teck said on Nov. 14.

Hudbay Minerals (TSX: HBM; NYSE: HB) plans to publish a new technical report and mine plan for its recently acquired Copper Mountain mine in B.C. that will pull back overly optimistic plans drawn up by the operation’s previous owner.

SolGold (LSE: SOLG) said on Wednesday it’s making headway with the potential sale of its flagship Cascabel copper-gold project in Ecuador, as it has held talks with more than 20 “highly credible” interested groups.