By Jocelyn Aspa
The gold price is on pace for a third straight week of gains.
Recent supply disruptions at key mines have the copper price flying high, but will they have a lasting impact?
VANCOUVER, BRITISH COLUMBIA–(Marketwired – Sept. 19, 2016) – NGEx Resources Inc. (TSX:NGQ)(NASDAQ OMX:NGQ) is pleased to provide a review of the Company’s projects and an update on the Company’s plans following the successful spin out and listing of Filo Mining.
The Company’s initial focus will be on advancing its 60% owned
Approximately 50-60 percent of the world’s copper, and 95 percent of molybdenum, comes from porphyry deposits. Here’s a look at the different types of porphyry copper deposits and where they’re found.
Aston Bay Holdings Ltd. (TSXV:BAY) announced that it has signed an exclusive Letter of Intent (“LOI”) with a wholly owned Canadian Subsidiary of BHP Billiton Ltd. (“BHPB”) to cooperatively advance the Storm Copper Project. Under the terms of the LOI, BHPB may earn a 75% interest in Storm, with a
A brief overview of the Q&A on junior mining stocks hosted by Brent Cook and Joe Mazumdar of Exploration Insights at this year’s Vancouver Resource Investment Conference.
President and CEO Anthony Amberg weighs in on the PEA and what else is next for Los Andes Copper’s Chile-based Vizcachitas project.
Reuters reported that Freeport McMoRan (NYSE:FCX) reported that it had its forecast for copper concentrate sales from its Indonesia operations. According to the news outlet, the dry El Nino weather pattern has hurt milling operations in the country.
Copper investors were likely pleasantly surprised looking at price charts at the end of this week. After plummeting near the start of the year and sitting around $2.60 per pound for the past month, the metal’s price appear to be heading up.
Bloomberg reported that Freeport McMoRan (NYSE:FCX) has halted production at its Grasberg mine in Indonesia as about 50 workers blocked road access to the mine. Copper was on the rise following the news, jumping roughly 10 cents to $2.75 on the news.
Reuters reported Friday that Freeport-McMoRan Inc. (NYSE:FCX) has signed a deal with the Indonesian government that could see the major miner restarting copper shipments after a six month halt.
By Vivien Diniz
Last month’s landslide at Utah’s Bingham Canyon, one of the world’s largest copper mines, triggered significant discussion on possible copper shortages. Brent Cook, veteran geologist and publisher of Exploration Insights, puts the landslide into perspective in this interview with The Metals Report. And for investors who want to dig out