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First Quantum Minerals Announces 2025 Preliminary Production and 2026 - 2028 Guidance
Globenewswire· 2026-01-15 22:01
(In United States dollars, except where noted otherwise) TORONTO, Jan. 15, 2026 (GLOBE NEWSWIRE) -- First Quantum Minerals Ltd. (“First Quantum” or the “Company”) (TSX: FM) announces preliminary production for the three months (“Q4”) and year ended December 31, 2025, and guidance for production, capital expenditure and costs for the years 2026 to 2028. Additionally, the Company provides an update on the Cobre Panamá mine and Taca Taca project. “The Zambian operations continued to deliver strong operational ...
Rio Tinto to supply copper to Amazon for AI data centers
Reuters· 2026-01-15 17:45
Rio Tinto said on Thursday it would supply copper that it leaches from an Arizona mine to Amazon.com for use in the tech giant's artificial intelligence data centers. ...
African Discovery Group Announces Shareholder Approval of Butembo Merger Agreement
Prnewswire· 2026-01-15 14:11
Core Viewpoint - The merger between African Discovery Group and Butembo Copper Exploration will create the first stand-alone Democratic Republic of Congo (DRC) company to be publicly traded in the United States, focusing on copper exploration in under-explored basins in Africa and specifically the DRC [2][3]. Company Summary - African Discovery Group has received shareholder approval for the merger to acquire 100% of SOCIETE GRABIN MINING SAS, which will enhance its position in the copper exploration sector [2]. - The combined company aims to capitalize on the significant copper reserves in the DRC, which holds 65% of newly announced copper reserves globally, according to S&P Global Market Intelligence [3]. Industry Summary - The DRC is recognized for having some of the highest grade copper deposits globally, with eight out of the ten highest grade deposits discovered since 1990 located in Africa, as reported by Rio Tinto [3]. - The demand for copper is expected to rise due to various factors, including grid modernization, electronic vehicles, and advancements in telecommunications and artificial intelligence infrastructure, creating a favorable environment for copper as a strategic mineral [3].
Gunnison Copper to supply copper for AWS data centers under Rio Tinto collaboration
Proactiveinvestors NA· 2026-01-15 13:38
About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...
TNR Gold Announces Appointment of Director
TMX Newsfile· 2026-01-15 13:30
Vancouver, British Columbia--(Newsfile Corp. - January 15, 2026) - TNR Gold Corp. (TSXV: TNR) ("TNR", "TNR Gold" or the "Company") is pleased to announce the appointment of Leopold Sutton to its Board of Directors.Mr. Sutton brings nearly a decade of experience in business transformation consulting, including the design and delivery of enterprise-wide change programs across FTSE 100 organizations. His analytical work has spanned business case development, impact assessments, and governance oversight for co ...
Gunnison Copper Announces That Rio Tinto and Amazon Web Services Collaborate to Bring Low-Carbon Nuton Copper from Gunnison's Johnson Camp Mine to U.S. Data Centers
TMX Newsfile· 2026-01-15 11:00
Core Insights - Gunnison Copper Corp. has announced a strategic collaboration between Rio Tinto and Amazon Web Services (AWS), marking AWS as the first customer of Nuton® Technology following its successful industrial-scale deployment at Gunnison's Johnson Camp copper mine [1][2] Group 1: Collaboration and Technology - AWS will utilize the first Nuton copper produced in its U.S. data centers, while also providing cloud-based data and analytics to enhance the optimization of Nuton's bioleaching technology [2][3] - Nuton employs AWS platforms to simulate heap-leach performance and integrate advanced analytics, optimizing acid and water usage and improving copper recovery predictions [3][4] Group 2: Environmental and Economic Benefits - The Nuton bioleaching process yields 99.99% pure copper cathode at the mine gate, eliminating the need for traditional concentrators, smelters, and refineries, thus shortening the mine-to-market supply chain [5] - Nuton is expected to consume significantly less water and produce lower carbon emissions compared to conventional processing methods, while also recovering value from previously classified waste materials [5] Group 3: Statements from Executives - Rio Tinto's Copper Chief Executive emphasized the collaboration as a demonstration of how industrial innovation and cloud technology can produce cleaner, lower-carbon materials at scale [6] - Amazon's Chief Sustainability Officer highlighted the collaboration as a breakthrough in copper production that aligns with Amazon's goal to achieve net zero carbon by 2040 [6] - Gunnison Copper's CEO noted the significance of having Nuton copper used in AWS's data centers, reinforcing the importance of domestic production and innovation in strengthening U.S. supply chains [6] Group 4: Company Overview - Gunnison Copper Corp. is a multi-asset copper developer and producer, controlling the Cochise Mining District with 12 known deposits within an 8 km radius in the Southern Arizona Copper Belt [7] - The flagship Gunnison Copper Project has a Measured and Indicated Mineral Resource of over 831.6 million tons with a total copper grade of 0.31%, and a preliminary economic assessment indicates an NPV of $1.3 billion and an IRR of 20.9% [8]
Osisko Intersects 748 Metres Averaging 0.27% Cu at Gaspé
Globenewswire· 2026-01-15 11:00
Core Insights - Osisko Metals has announced new drill results from the Gaspé Copper Project, highlighting significant mineralization and potential resource expansion [1][2]. Summary by Category Drill Results - The recent drilling program included 35 mineralized intercepts from ten new drill holes, focusing on upgrading inferred mineral resources to measured or indicated categories [2]. - Drill hole 30-1143 (Southern Extension) reported 163.5 metres averaging 0.47% Cu and 3.41 g/t Ag, confirming higher grades in this zone [16]. - Drill hole 30-1142 showed 585.0 metres averaging 0.24% Cu and 245.0 metres averaging 0.55% Cu, indicating significant mineralization depth [15]. - Drill hole 30-1144 reported 748.0 metres averaging 0.27% Cu, extending mineralization to a vertical depth of 895 metres [17]. Mineral Resource Expansion - The current drill program aims to convert the November 2024 Mineral Resource Estimate (MRE) to Measured and Indicated categories and test for deeper and lateral expansions [22]. - The Gaspé Copper Project hosts the largest undeveloped copper resource in eastern North America, with current Indicated Mineral Resources of 824 million tonnes averaging 0.34% CuEq [29]. Geological Context - Mineralization at Gaspé Copper is characterized as porphyry copper/skarn type, with significant occurrences of chalcopyrite, pyrite, and molybdenite [20]. - The drilling strategy involves targeting altered calcareous stratigraphy, intersecting skarn/marble horizons that host the bulk of the disseminated copper mineralization [23]. Future Outlook - The next scheduled MRE update is anticipated in Q1 2026, incorporating new mineralized intersections below the previously defined resource limits [22].
XXIX Confirms Thierry's Growth Potential with First Systematic IP
TMX Newsfile· 2026-01-15 11:00
Highlights:73.5-line km IP survey completed-the first large-scale, systematic survey at Thierry.Strong IP anomalies detected between K1 and K2, east of K1, and west of K2.Anomalies indicate potential sulphide mineralization between K1 and K2.Broad conductive corridors suggest district-scale exploration targets.Nearing Completion of Full K2 Database Reinterpretation; Leveraging 210,000m of Drilling DataThierry positioned for an active 2026 exploration season.Toronto, Ontario--(Newsfile Corp. - January 15, 2 ...
Oroco Closes Upsized C$23M Bought Deal Financing Led by Canaccord Genuity
TMX Newsfile· 2026-01-14 14:26
Vancouver, British Columbia--(Newsfile Corp. - January 14, 2026) - Oroco Resource Corp. (TSXV: OCO) (OTCQB: ORRCF) (the "Company" or "Oroco") today announced the closing of its previously announced bought deal public offering of 60,526,340 units of the Company (the "Units") at a price of C$0.38 per Unit (the "Offering Price") for aggregate gross proceeds of approximately C$23 million (the "Offering"), including the exercise in full of the over-allotment option granted by the Company. The Offering was led b ...
BofA details its top 3 stock picks in the red-hot metals sector
Yahoo Finance· 2026-01-13 22:56
Precious and industrial metals prices surged in 2025, carrying mining stocks with them. The White House's push for more domestic production of key materials is a tailwind for the sector. Bank of America analysts are bullish on three under-the-radar mining stocks. Metal and mining stocks are in the spotlight amid a blistering rally in precious and industrial metals in the last year, and Bank of America has three stock picks for investors looking to ride the wave. President Donald Trump's return to ...