Copper industry news and business reports.

New alliance to bolster Nifty redevelopment
copper metals
Wed, 22 Jan 2025 15:43:03 GMT
Cyprium Metals has formed an alliance with Macmahon Holdings to accelerate the redevelopment of the Nifty copper complex in Western


Mining News - American West explores Storm Copper belt
copper exploration usa
Wed, 22 Jan 2025 13:38:00 GMT
Studies high-grade mine; explores district-scale potential. Since optioning Storm Copper from Aston Bay Holdings Ltd. in 2021, American West Ltd. has been discovering, defining, and expanding upon high-grade copper deposits at this project near the coast of a Nunavut Island along Northwest Passage shipping lanes that could be developed into a low-cost, open-pit mining operation that


Rio Tinto rides copper wave
copper production rio
Wed, 15 Jan 2025 23:43:03 GMT
Rio Tinto enjoyed a significan't boost to copper production in the fourth quarter (Q4) of 2024 due to strong progress made at the Oyu Tolgoi underground copper mine in


Mining News - Bornite PEA underscores Ambler potential
copper exploration metals
Wed, 15 Jan 2025 17:36:00 GMT
New study prepared for Trilogy Metals demonstrates that mining a small portion of the Bornite deposit would extend mining in the Ambler District to 30 years. A new preliminary economic assessment (PEA) for developing an underground mine at the high-grade Bornite copper deposit in the Ambler Mining District shows that the two largest deposits outlined so far at the Upper Kobuk Mineral


Western Metallica Drills Large Multiphase Porphyry System at ...
molybdenum results
Tue, 14 Jan 2025 00:00:00 GMT
TORONTO, Jan. 14, 2025 (GLOBE NEWSWIRE) -- Western Metallica Resources Corp. (TSXV: WMS) (Western Metallica or the Company) is pleased to report initial results from its ongoing drill program at the Luz Maria copper-molybdenum target, located


CAG flags poor exploration by Hindustan Copper
copper india investment
Fri, 06 Dec 2024 00:00:00 GMT
India's Comptroller and Auditor General (CAG) criticized Hindustan Copper Limited (HCL) for its lack of greenfield exploration in the past 30 years. HCL submitted only eight greenfield exploration applications since 2010, which remain unapproved. Despite being a 'notified exploration agency', HCL hasn't focused on greenfield exploration and lacks a clear exploration policy for its existing copper


Vedanta to invest $2 bn in Saudi copper projects
investment ksa metals vedanta zinc
Tue, 26 Nov 2024 00:00:00 GMT
Saudi Arabia secured $9.32 billion in metal and mining investments from companies like Vedanta and Zijin Group. Vedanta will build copper facilities, while Zijin will focus on zinc, lithium, and copper production. Hastings Technology Metals and Platinum Group Metals will also develop processing facilities for rare earth elements and platinum group metals, respectively, furthering Saudi Arabia's Vision 2030 diversification


Osisko Metals shares rise on Gasp copper resource boost
copper metals vale
Fri, 15 Nov 2024 00:00:00 GMT
Osisko Metals (TSXV: OM) shares rose on Friday after the company posted an updated resource estimate for its Gasp copper project, near Murdochville, Que., that increases contained copper-equivalent pounds


Adani plans a strategic $5 billion investment in India's aluminium ...
copper india production steel
Tue, 12 Nov 2024 00:00:00 GMT
Adani plans a strategic $5 billion investment in India's aluminium industry, among others, in the next 5 years Gautam Adani led Adani Group has declared an investment of over US$5 billion in setting up aluminium and steel businesses along with ramping up copper production in India. This is the second time that the group has invested such megabucks in the metal industry, wherein, for the first time in 2022, t ... AL Circle Primary Aluminium 12 Nov


Red Canyon drilling confirms Kendal copper-moly discovery in ...
exploration molybdenum
Tue, 05 Nov 2024 00:00:00 GMT
Shares in Red Canyon Resources (CSE: REDC; US-OTC: REDRF) increased by almost 15%, or 2.5, on Tuesday after confirming a copper-molybdenum discovery from drilling on its Kendal project in


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