Rio Tinto has completed its acquisition of Turquoise Hill Resources Ltd for a consideration of approximately $3.1 billion, simplifying its ownership of the world-class Oyu Tolgoi mine in Mongolia, significantly strengthening Rio Tinto's copper portfolio, and demonstrating its long-term commitment to the project and Mongolia.
Copper Mountain Mining Corporation CMMC (the "Company" or "Copper Mountain") is pleased to announce it has closed the previously announced sale of its wholly-owned Eva Copper Project and its 2,100km2 exploration land package in Queensland, Australia for total consideration of up to US$230 million (the "Transaction") to Harmony Gold Mining Company Limited HAR HMY ("Harmony").
Midland Exploration Inc. has announced the commencement of a significant drilling program totaling more than 10,000 m on its gold and Ni-Cu projects in the Abitibi region.
Plato Gold Corp. is delighted to declare findings from its newly finished preliminary prospecting and sampling program over chosen regions of the Pic River PGE-Cu Project, situated 30 km northwest of Marathon, Ontario.
Goat Industries Ltd. has announced the acquisition of additional claims (Additional Claims) near American Eagle Gold Corp.’s (American Eagle Gold) copper mineralized NAK discovery (NAK Copper Discovery), which is situated approximately 85 km from Smithers, British Columbia.
JSC Almalyk Mining and Metallurgical complex, Almalyk MMC, in Uzbekistan has awarded Metso Outotec a contract for the design and basic engineering work for their new copper smelter complex.
Atalaya Mining Plc ATYMAYM is pleased to provide an update on the ongoing exploration programme at its projects in southern Spain which include Proyecto Masa Valverde ("PMV"), Proyecto Ossa Morena ("POM") and Proyecto Riotinto East ("PRE"). A total of four rigs are currently active, with three at PMV and one at POM.
Universal Copper Ltd. ("Universal Copper" or the "Company") (TSX Venture: UNV) (Frankfurt: 3TA2) has completed a comprehensive 3-Dimensional (“3D”) geological modelling initiative to establish the controls on the distribution of higher-grade mineralization at the Company’s flagship Poplar Copper Deposit (“Poplar”) which will be used to direct ongoing exploration drilling at Poplar in 2023.
Capstone Copper Corp. today announced the Mantoverde-Santo Domingo (“MV-SD”) District Integration Plan (the “Plan”) which showcases the path towards creating a world-class mining district in the Atacama region of Chile, targeting over 200,000 tonnes per year (“tpa”) of low-cost copper production with the potential to also become one of the largest and lowest cost battery grade cobalt producers in the world.
Trigon Metals Inc. ("Trigon" or the "Company") announces results from the drilling of new mineralization targets at Kombat Mine in Namibia (the "Project"). These results are from the East 400 area, 150 metres east of the Kavango Pit, discussed in recent press releases (August 4, 2022 and September 15, 2022), extending the Kombat trend mineralization.