COPPER

Amaroq announces new nickel-copper discovery at Sendalen

Amaroq Minerals Ltd, an independent mine development corporation with a substan-tial land package of gold and strategic mineral assets across in Southern Greenland, has announced a significant new nickel-copper discovery at its Stendalen project. Over 140 m of disseminated...

Stantec awarded CAN$16 million contract for tailings management in copper mines

Stantec has been selected by Codelco (Corporacion Nacional de Cobre, Chile) to provide engineering and technical support for a CAN$16 million service agreement at multiple copper tailings sites in Chile. Copper is an essential component to meeting the growing demands...

Ero signs deal to earn into Vale’s Brazilian copper project

Ero Copper, a Canadian copper producer, has reached an earn-in deal with Vale Base Metals’ Salobo Metais to acquire a 60% stake in its Furnas copper project in Brazil. As per the agreement, Ero Copper will earn the stake after...

Amaroq secures two mineral exploration licences in Greenland

Amaroq Minerals has been awarded two new mineral exploration licences, covering a total area of 1,916.81km², by the Government of Greenland. The licences increase the company’s total land package in Greenland to 9,785.56km², making Amaroq the largest mineral exploration licence...

Peru’s Minsur plans $2bn investment to boost copper and tin output

Peruvian mining company Minsur is planning to boost its copper and tin production in the country with an investment of at least $2bn (7.39bn sol) over the next five years, reported Reuters, citing an executive. As part of the plan,...

Vale starts load tests at iron ore briquette plant in Brazil

Vale has commenced load tests at the first iron ore briquette plant at the Tubarão Unit in Vitória, Brazil. The plant is expected to help reduce greenhouse gas (GHG) emissions from the steel industry. Vale said the tests form part of...

Copper Price Plummets Below $8,000 After Lockdowns In China

On Wednesday, the price of copper dropped below $8,000 per tonne, marking its first decline since November, as the hopes for a rapid recovery in China's economy diminish. Copper futures for delivery in July experienced a decrease of 2.74%...

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