Antipa Minerals Limited’s share price surged by 14% following its announcement of a A$17 million cash sale of its 32% non-controlling stake in the Citadel Joint Venture Project to its joint venture partner, Rio Tinto Exploration Pty Ltd. The deal is expected to strengthen Antipa’s cash reserves significantly, allowing the company to redirect resources into […]
Teck Resources Limited, a leading mining company based in Vancouver, Canada, has announced a sweeping overhaul of its corporate structure and leadership team as it pivots towards becoming a pure-play energy transition metals producer. The restructuring is a strategic move aimed at enhancing its position in the copper market, a metal critical to global clean […]
Hindustan Copper Ltd (HCL), a major player in the copper industry, has provided detailed insights into the future demand for copper in India and its strategic business expansion plans. In response to inquiries from various media houses, the corporate office in Kolkata has outlined key expectations and initiatives reflecting the growing importance of copper in […]
Anglo Asian Mining plc, a prominent AIM-listed gold, copper, and silver producer with operations in Azerbaijan, recently unveiled the completion of its maiden JORC (2012) Mineral Resource Estimate for the Xarxar copper deposit. This announcement marks a significant milestone in the company’s exploration endeavors, confirming 24.9 million tonnes of mineralization with an average grade of […]
KEFI Gold and Copper Plc (AIM: KEFI), a pioneer in gold and copper exploration and development in Saudi Arabia, has announced a discovery of a third copper-gold-zinc-silver deposit in the expansive Hawiah district through its joint venture, Gold & Minerals Ltd (“GMCO”). This discovery at Abu Salal, positioned 50km south of the Hawiah Copper-Gold project, […]
In a significant announcement from Kolkata today, Hindustan Copper Limited (HCL) unveiled its financial results for the third quarter of the current fiscal year 2023-24, demonstrating a strong performance amidst challenging market conditions. The company’s Board of Directors, in their meeting, disclosed that Hindustan Copper achieved a Profit Before Tax (PBT) of Rs 82.18 crore […]
Hillgrove Resources, a prominent name in the mining sector listed on the ASX, has achieved a significant milestone by initiating copper production at the Kanmantoo Mine. This pivotal moment comes after the successful commissioning of the processing facility, marking a transition from exploration to full-scale production within the targeted timeframe of Q1 2024. The commencement […]
Antofagasta and Marubeni have taken a decisive step in the global copper market by moving forward with a significant $4.4 billion expansion of the Centinela copper mine in the Antofagasta Region, Chile. This strategic investment aims to establish a new 95 kilotonnes per day (ktpd) concentrator plant, set to dramatically increase copper concentrate production. Doubling […]
MMG Limited has entered into a Share Purchase Agreement (SPA) to acquire the parent company of the Khoemacau Copper Mine in Botswana. The deal, valued at an effective Enterprise Value of US$ 1.875 billion, marks a significant move for MMG in aligning with its strategy to develop a portfolio of high-quality mines. Key Highlights of […]
Renegade Exploration Limited (ASX: RNX) has announced new high-grade copper (Cu) rock chip results at its Cloncurry Project in Queensland, Australia, indicating a potential extension of copper mineralisation for up to 800 meters. This development suggests that the mineralisation could extend west from the Great Australia Mine, through the Taipan deposit-Paddock Lode mine, to the […]