Kincora Copper has resecured the full rights of its Mongolian copper-gold portfolio following the withdrawal of Orbminco, formerly Woomera Mining, from a 2024 earn-in agreement as it shifts its focus to Australian gold exploration. The portfolio includes three extensive and underexplored copper-gold intrusive complexes at the Bronze Fox project, a year-round field camp and a proprietary Mongolia-wide project generation database.…
Read MoreImperial Metals has received a permit amendment to allow expansion and extension of mining activities at its Mount Polley copper-gold mine in south-central British Columbia. The expansion allows for pit development and expansion of rock-storage areas. Full story.
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The National Mining Association (NMA) and the Essential Minerals Association (EMA) both applauded the release of the U.S. Geological Survey (USGS) draft revised critical minerals list, which now includes copper, lead, potash, rhenium, silicon and silver. Full story.
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Indian zinc-silver producer Hindustan Zinc will aim to expand into uranium mining if the government opens up the sector to private players, CEO Arun Misra told Reuters. Government sources told the news agency that India wants to allow private firms to mine, import and process uranium as part of plans to end a decades-old state monopoly over the nuclear sector…
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A study co-led by the University of Michigan says copper needs to cost about twice as much as it currently does to incentivize companies to develop new mines. It found that the copper needed even just to sustain typical economic and population growth far exceeds the amount of copper currently mined.
Read MoreThe U.S. Supreme Court has declined to hear a Native American group’s case to block a land swap for the Resolution Copper project in Arizona, reported Reuters. The government is now free to start a process that would give Rio Tinto and BHP access to the land. Full story.
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In what its executives have called a world first, The Metals Company (TMC) has submitted applications to the National Oceanic and Atmospheric Administration (NOAA) for two exploration licenses and one commercial recovery permit under the Deep Seabed Hard Mineral Resources Act (DSHMRA). CEO Gerard Barron said the company made the move after last month’s executive order from U.S. President Donald…
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Metso has launched its Cu POX leaching process that not only maximizes copper recovery, but also reduces environmental impact.
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The U.S. Geological Survey (USGS) reported U.S. production of selected mineral commodities in the third quarter 2024. U.S. mine and plant production data for 16 selected mineral commodities are provided on a monthly (or quarterly) basis by the USGS to the board of governors, Federal Reserve System (FRS), for use in preparing its index of industrial production and the related…
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An Indian government source told Reuters that the country is in talks with Mongolia to set up a preliminary pact that will focus on mineral shipments between the two Asian nations. “The pact with Mongolia will focus on transit of minerals” such as coal and copper, said the source, who did not want to be identified as the deliberations are…
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