COPPER

Marimaca Copper infill drilling yields best results to date at oxide deposit in Chile

Marimaca Copper has released the final batch of reverse circulation (RC) drill results from last year’s infill drilling campaign at the Marimaca oxide deposit (MOD) in northern Chile, including the best copper intersection drilled to date on a grade-times-width...

Majuba Hill reports significant copper mineralisation at Porphyry project

Majuba Hill Copper released on Monday the latest drill results on its namesake property in western Nevada.  The company reported that 2022 core holes MHB-27 and MHB-28 intersected over 1,000 feet (304.8 meters) of plus 0.25% copper equivalent mineralization at...

Rio Tinto venture makes strategic investment in Regulus Resources

Nuton, a Rio Tinto venture that has developed innovative copper sulphide leach technologies, is taking a 16.5% stake in Regulus Resources for $15 million. Nuton’s technologies have the potential to process arsenic-bearing copper sulphides with a lower carbon footprint and...

Chilean company develops AI-powered technology to detect failures in large-tonnage mobile mining equipment

Chile’s National Piloting Center (CNP), a non-profit organization linked to the Production Development Corporation, has selected mining equipment monitoring technology Vitech as the winner of the Impact Mining 2022 contest, which will grant almost $30,000 to the creators of...

BHP signs scheme deed to buy OZ Minerals for $6.4bn

Mining giant BHP Group has signed a scheme implementation deed (SID) to acquire all of the shares in Australia-based copper miner OZ Minerals Limited (OZL), by way of a scheme of arrangement, for A$9.6bn ($6.4bn) at A$28.25 apiece. This indicates...

Harmony Gold acquires Copper Mountain’s Eva Copper project

Further to the company’s announcement on the Stock Exchange News Services (SENS) on 6 October 2022, Harmony has announced that its acquisition of the Eva Copper project is complete and payment will be concluded imminently. The Foreign Investment Review Board...

Critical Metals to acquire Madini Occidental and increase its stake in the Molulu project

Critical Metals plc, a mining company established to acquire mining opportunities in the critical and strategic metals sector and currently developing an ex-producing copper cobalt mine in the Democratic Republic of Congo (DRC), is pleased to announce the company’s...

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