Canadian miner Teck Resources managed to deliver another quarter of strong operational and financial performance in the three months ended June 30, generating significant earnings and robust cash flow on the back of strong copper sales volumes, a favourable commodity price environment and disciplined execution across its operations.
Freeport-McMoRan beat Wall Street estimates for second-quarter profit on Thursday, as higher copper prices offset lower production at its Grasberg mine in Indonesia.
Vancouver-based copper and gold explorer GoldInxs Mining has successfully completed its initial public offering and listing on the TSX-V, having offered 15.4-million units at a price of $0.10 apiece to raise gross proceeds of $1.54-million.
Further to Mariana Minerals' world's only autonomy-first mine and refinery strategy, the company is implementing Boston Dynamics' quadruped robot, Spot, at its Copper One facility near Moab, in Utah.
Aim-listed Anglo Asian Mining has appointed Cameron Pforr nonexecutive director effective immediately.
MEXICO CITY - Mining and transportation conglomerate Grupo Mexico said on Tuesday its second-quarter net profit rose nearly 79% from the same period a year earlier, bolstered by higher copper prices and well ahead of analysts' forecasts.
MEXICO CITY - Mining and transportation conglomerate Grupo Mexico said on Tuesday its second-quarter net profit rose nearly 79% from the same period a year earlier, bolstered by higher copper prices and well ahead of analysts' forecasts.
Global gold miner Newmont Corporation has invested $902916 to acquire 3.2-million units of TSX-V-listed Metallic Minerals Corporation in a private placement to maintain a 9.2% ownership interest in the company.
TSX-listed Imperial Metals Corporation has advised of the British Columbia Environmental Assessment Office recommending approval for the Mount Polley tailings dam construction to a 987 m elevation, compared with a previously permitted 974 m elevation.
TSX- and NYSE-listed Eldorado Gold Corporation has crushed first ore at the Skouries copper/gold project in Greece, with the site now being in the final stages of construction.
