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Mining News - Minto Metals shutters Yukon copper mine
Mon, 15 May 2023 09:32:00 GMT
Yukon takes over, hires JDS Mining to maintain site; mine closure may sink Minto Metals and Pembridge. Inundated by the forces of nature and finance, Minto Metals Corp. is shuttering operations at its Minto copper mine in Canada's Yukon. 'Needless to say, ceasing operations at the Minto mine was an extremely difficult and disappointing decision, that was not taken lightly,' said...

Mining News - A northern solution to copper shortage
Thu, 11 May 2023 14:39:00 GMT
The North of 60 Mining area hosts billions of pounds of copper ready to be delivered to a world craving this metal in sky-high demand for wiring the electric vehicles and renewable energy infrastructure that would enable the envisioned low-carbon future. Whether enough of these copper-rich projects are developed in time to circumvent a short circuit of the clean energy transition remains to be...

Mining News - Strong copper seen in early Storm holes
Thu, 11 May 2023 14:36:00 GMT
American West Metals Ltd. May 5 reported strong copper mineralization in the first four holes of its 2023 drill program at the Storm Copper project on Somerset Island in the northern reaches of Nunavut, Canada. Since optioning the Storm Copper and adjoining Seal Zinc from Aston Bay Holdings Ltd. in 2021, Australia-based American West has been systematically exploring the high-grade, near-surface...

Mining News - Permit remand a strong win for Pebble
Thu, 11 May 2023 14:36:00 GMT
Northern Dynasty Minerals Ltd. May 1 said the U.S. Army Corps of Engineer's decision to reevaluate its decision not to approve permits to develop a mine at Pebble is a strong win for the world-class copper project in Southwest Alaska 'We have been saying that the record of decision (ROD) process was not fairly conducted since 2020 and are pleased to see that the review officer has...

Mining News - Two Arctic boroughs support Ambler Road
Thu, 27 Apr 2023 09:27:00 GMT
North Slope and Northwest Arctic boroughs ink joint resolution in favor of Ambler access. The Northwest Arctic and North Slope borough have put their combined political weight behind an effort to push the U.S. Department of Interior to expediently reapprove a road to the copper- and zinc-rich Ambler Mining District in Northwest Alaska. Located about 200 miles west of the Dalton Highway, a lone...

Mining News - Glencore makes $22.5B offer for Teck
Thu, 27 Apr 2023 08:46:00 GMT
World's top miner proposes merger, demerger to form world's top metals and coal mining companies. Merger and acquisition activity continues in the North of 60 Mining News area with Glencore's unsolicited US$22.5 billion (C$30.3 billion) all shares offer to merge with Teck Resources Ltd., which owns the Red Dog zinc mine in Alaska and interest in several advanced copper exploration...

Mining News - Minto Mine ready for spring melt waters
Thu, 27 Apr 2023 08:45:00 GMT
Yukon Minister of Energy, Mines and Resources John Streicker April 18 announced that Minto Metals Corp. has been issued an inspector's direction to take action to prevent overfilling of the tailings storage facilities at its Minto copper mine during the spring snowmelt. Located within the traditional territory of the Selkirk First Nation in the Minto Copper Belt of the Yukon, the Minto Mine...

Ukraine: Chinese company buys copper from Russia-occupied regions
Mon, 17 Apr 2023 00:00:00 GMT
A company from China has bought copper ingots worth not less than $7.4 million at a plant situated at the temporarily occupied territories of Ukraine. The company is under Western sanctions. According to Reuters - , China has never applied any limitations in trade with Russia, but USA has warned that it would blacklist companies that violate

Mining News - American West prepared for Storm 2023
Thu, 13 Apr 2023 18:25:00 GMT
American West Metals Ltd. March 30 announced that it is mobilizing for an April start of the 2023 exploration program on its Storm Copper project on Somerset Island in Northern Nunavut. Since optioning the project from Aston Bay Holdings Ltd. in 2021, American West has been systematically exploring the high-grade, near-surface copper and deeper stratabound sedimentary hosted copper on this...

Mining News - 99th percentile copper for Minto Metals
Thu, 13 Apr 2023 14:54:00 GMT
Minto Metals Corp. April 12 announced the final results from 2022 exploration at its Minto Mine, which includes some of the highest copper grades in the history of its exploration at this Yukon operation. 'We are very pleased with the results from the last batch of drilling and assays returned,' said Minto Metals Vice President of Exploration David Benson. 'The high-grade...

Kazakhstan: Kazakhmys to supply cheap copper wire rod
Wed, 29 Mar 2023 00:00:00 GMT
The Ministry of Industry and Infrastructure Development hosted the signing of a tri-partite agreement to provide enterprises of processing industry in the copper sphere with domestic raw materials. The agreement was signed by the ministry, Kazakhmys Corporation and the enterprises. According to the agreement, Kazakhmys will provide raw materials at decreased prices to Ulbinskiy Iro

Mining News - Schaft Creek JV steps up 2023 program
Fri, 17 Mar 2023 05:14:00 GMT
Copper Fox Metals Inc. March 2 outlined a C$17.2 million (US$12.5 million) program for its Schaft Creek xxx project in Northern British Columbia that will include 9,000 meters of geotechnical and metallurgical drilling, along with environmental baseline studies and engagement with the Tahltan First Nation. 'The emphasis in 2023 will be to advance the Schaft Creek...

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