Workflow
Copper Mining
icon
Search documents
Barrick Mining (NYSE:GOLD) 2025 Earnings Call Presentation
2025-09-16 14:50
Cautionary Statement on Forward-Looking Information… Certain information contained or incorporated by reference in this presentation, including any information as to our strategy, projects, plans or future financial or operating performance, constitutes "forward-looking statements". All statements, other than statements of historical fact, are forward-looking statements. The words "expect", "target", "plan", "guidance", "ramp up", "on track", "project", "continue", "additional", "growth", "expand", "potenti ...
Highland Copper Receives Letter of Interest from Export-Import Bank of the United States for Up to US$250 Million Debt Financing to Advance Copperwood Project
Globenewswire· 2025-09-16 11:30
Core Viewpoint - Highland Copper Company has received a non-binding Letter of Interest from the Export-Import Bank of the United States for potential debt financing of up to US$250 million to support the development of its Copperwood Project in Michigan [1][3]. Group 1: Project Details - The Copperwood Project is one of the few U.S. copper projects with all major permits in place and a completed feasibility study, with an estimated initial capital requirement of US$400 million [2]. - The project is positioned for a near-term construction decision as Highland advances detailed engineering [2]. Group 2: Financial Aspects - The potential debt financing from EXIM could cover a significant portion of the project's costs, with a repayment term potentially extending to 11 years [7]. - The financing is contingent upon the submission of a formal application and meeting EXIM's underwriting criteria [7]. Group 3: Strategic Importance - The Copperwood Project is strategically important for strengthening the U.S. supply chain for critical minerals and is expected to provide a reliable domestic source of copper [3]. - The project is aligned with Michigan's stringent environmental standards, supporting the local economy [3]. Group 4: Company Overview - Highland Copper Company is focused on exploring and developing copper projects in the Upper Peninsula of Michigan and owns the Copperwood deposit through long-term mineral leases [4]. - The company has 736,363,619 common shares issued and outstanding, listed on the TSX Venture Exchange under the symbol "HI" and trading on the OTCQB under "HDRSF" [4].
First Quantum Minerals: A Copper Play Poised for a Rebound
Yahoo Finance· 2025-09-16 10:45
Key Points First Quantum shares are down more than 30% since July 2023 after Panama shut down its Cobre Panama mine, which once generated 40% of company revenue. The company’s diversified copper operations in Zambia, Spain, and Australia are keeping production steady, and talks with Panama’s new government suggest a possible reopening. With copper demand climbing on EVs, renewables, and AI-driven infrastructure — and shares trading at a discount to peers — the stock could offer upside for patient inv ...
Red Canyon Commences Kendal Ridge Targeted Drill Program
Thenewswire· 2025-09-16 10:30
Core Insights - Red Canyon Resources Ltd. has initiated diamond drilling at its 100% owned Kendal copper project in British Columbia, focusing on value-driven exploration for copper and copper-gold resources in North America [1][18] - The Kendal project is characterized as a large-scale hydrothermal system with potential multiple copper porphyry centers, covering an area of 4 km by 3 km [1][15] - The 2025 drilling program will primarily target the Kendal Ridge area, which is identified as the most advanced target within the Kendal system [1][3] Company Highlights - Wendell Zerb, Chairman and CEO, emphasizes the significant scale of the Kendal system and its proximity to essential infrastructure, which could enhance project economics [1] - The company controls a portfolio of seven 100%-owned copper and copper-gold projects in British Columbia and the Western United States [3] Kendal Project Details - The Kendal project consists of eight mineral claims totaling 3,582 hectares, located approximately 25 km northeast of Terrace, British Columbia [2] - Excellent infrastructure includes four highways, hydroelectric power, rail corridors, and port facilities about 120 km away at Prince Rupert [2] Drilling Program - The planned drilling program includes up to 8 drill holes totaling approximately 2,500 meters, focusing on the Kendal Ridge area [3][4] - Previous drilling in 2024 revealed a large-scale hydrothermal system with low-grade copper and molybdenum mineralization, indicating the potential for a significant copper center [3][15] - The 2025 program will utilize findings from expanded lithogeochemical studies and a MobileMT geophysical survey to optimize drilling locations [3][7] Geological Insights - The Kendal Ridge area is modeled within a broad zone of potassic alteration, suggesting that copper mineralization may be close to the surface [3][15] - Recent fieldwork has identified B veins in the Kendal Ridge area, extending the known potassic alteration footprint over a minimum strike length of 1.5 km [16] Financing and Future Plans - On August 26, 2025, the company announced a non-brokered private placement to raise up to C$2,200,000, with participation from a multinational mining company [17] - The financing is expected to close on September 18, 2025, supporting ongoing exploration efforts [17]
XXIX Closes Its Acquisition of 19.9% of Kintavar Exploration
Newsfile· 2025-09-16 10:00
Core Viewpoint - XXIX Metal Corp. has successfully completed the acquisition of a 19.9% stake in Kintavar Exploration Inc. through the sale of the Roger Project for $2,137,500, positioning itself to benefit from Kintavar's future developments in the Chibougamau mining district [1][2][7]. Company Overview - XXIX Metal Corp. now holds 42,750,000 shares in Kintavar, representing approximately 19.97% of the issued shares, without incurring any dilution [6][19]. - The company aims to monetize its Kintavar shares opportunistically, similar to its previous successful strategy with Baselode Energy, which raised $7.85 million [6][7]. Kintavar Exploration Inc. - Kintavar, now fully owning the Roger Project, is focusing on developing the asset with a new strategy under the leadership of Peter Cashin, supported by $3.8 million in cash and investments [2][3]. - The Roger Project has a historical mineral resource estimate indicating an indicated resource of 10.9 million tonnes at 0.85 g/t gold, 0.80 g/t silver, and 0.06% copper, and an inferred resource of 6.569 million tonnes at 0.75 g/t gold, 1.18 g/t silver, and 0.11% copper [3][4]. Future Plans and Projects - Kintavar is evaluating historical data from the Roger Project, which shows potential for volcanic-hosted massive Cu-Zn-Au-Ag sulphide deposits [4]. - Kintavar has a portfolio of 17 projects across Quebec, including the Mitchi Project with a measured and indicated resource of 2.99 million tonnes at 0.4% copper and 4 g/t silver [5]. - XXIX is planning a 5,000-metre drill program at the former Cooke gold mine area and a 15,000-metre drill program at the K1 deposit at Thierry, aimed at expanding the resource base [9][10]. Upcoming Catalysts - XXIX is set to complete its maiden Preliminary Economic Assessment (PEA) on the Opemiska Project in October 2025, focusing on maximizing project value [8].
X @Bloomberg
Bloomberg· 2025-09-16 06:37
Anglo American signs an agreement with Chile’s state copper company Codelco to jointly develop their adjacent mines near Santiago in a bid to boost production without major investments https://t.co/UkpIue8b7I ...
Kenadyr Metals Closes First Tranche of Subscription Receipt Financing
Newsfile· 2025-09-16 00:30
Company Overview - Kenadyr Metals Corp. is set to be renamed Algo Grande Copper Corp. and is focused on high-grade copper exploration in the Sonora-Arizona Copper Belt, a region known for its productivity comparable to Chile's Andean Belt [6]. - The company is acquiring the Adelita Project, which features the Cerro Grande skarn, a high-grade, near-surface Cu-Au-Ag system located in Sonora, Mexico [7]. Financial Details - The first tranche of a non-brokered private placement has closed, involving 6,034,036 subscription receipts priced at $0.375 each, resulting in gross proceeds of $2,262,763.50 [1]. - Cash finder's fees of $102,865.09 were paid, along with the issuance of 274,307 finder's warrants, each exercisable for an additional common share at the same price of $0.375 [3]. Project and Use of Proceeds - Proceeds from the offering will be held in escrow and, upon release, will be allocated to payment obligations and exploration expenditures related to the Adelita Project, as well as for general working capital [2]. - The Adelita Project has over 7,000 meters of historical drilling and extensive geophysical data, with plans to utilize AI-assisted 3D geophysical modeling to refine drill targets [7]. Regulatory and Approval Status - The offering is subject to the approval of the TSX Venture Exchange (TSXV) [5]. - Each subscription receipt will convert into one common share upon meeting certain escrow release conditions, including the completion of the proposed transaction and TSXV approval [2].
Horizon Copper Announces Filing and Mailing of Meeting Materials for the Special Meeting of Securityholders on October 9, 2025
Prnewswire· 2025-09-15 12:46
Accessibility StatementSkip Navigation VANCOUVER, BC, Sept. 15, 2025 /PRNewswire/ - Horizon Copper Corp. (TSX-V: HCU) (OTCQB: HNCUF) ("Horizon Copper", "Horizon", or the "Company") announced today that it has filed its notice of meeting, management information circular (the "Circular") and related documents (collectively, the "Meeting Materials") with securities regulators in connection with the special meeting (the "Meeting") of the holders (the "Shareholders") of common shares of the Company (the "Horizon ...
Gladiator Identifies New Skarn and Intrusive Related Copper-Gold Mineralization in First Drilling at Valerie and Little Chief
Newsfile· 2025-09-15 11:00
Gladiator Identifies New Skarn and Intrusive Related Copper-Gold Mineralization in First Drilling at Valerie and Little ChiefSeptember 15, 2025 7:00 AM EDT | Source: Gladiator Metals Corp.Vancouver, British Columbia--(Newsfile Corp. - September 15, 2025) - Gladiator Metals Corp. (TSXV: GLAD) (OTCQB: GDTRF) (FSE: ZX7) ("Gladiator" or the "Company") received initial assay results from first pass drilling targeting recently identified gravity anomalies at the Valerie and Little Chief prospects at ...
Gunnison Copper Reports Positive Results from Initial Mineral Sorting "High-Value-Add" Work Program at the Gunnison Copper Project in Southeast Arizona
Newsfile· 2025-09-15 10:30
Core Viewpoint - Gunnison Copper Corp. has reported positive results from its initial mineral sorting test program at the Gunnison Copper Project, indicating a significant reduction in acid consumption while maintaining copper recovery, which could enhance the project's economic viability [1][2]. Summary by Relevant Sections Initial Mineralized Material Sorting Results - The sorting tests revealed that 57% of the sample was sorted to mineralized material, while 43% was sorted to waste [3]. - The total copper grade for all materials was 0.35%, with sorted mineralization showing a higher grade of 0.62% [4]. Waste Reduction and Acid Consumption - Over 90% of the internal acid-consuming waste was successfully removed from the mineralized material using optical mineral sorting equipment [5]. - The sorted material is expected to require up to 4 times lower acid consumption due to the removal of high-acid-consuming waste [5]. Copper Recovery - Less than 1% of total copper was lost to waste during the sorting process, ensuring strong copper recovery and protecting revenue [5]. Future Steps and Economic Impact - If further tests confirm initial results, approximately 40% of the mined Martin Formation could be removed as internal waste, potentially doubling the process head grade and significantly reducing operating costs [6]. - The company plans to incorporate these results into an updated preliminary economic assessment (PEA) expected in the first quarter of 2026 [9]. Project Overview - The Gunnison Copper Project has a Measured and Indicated Mineral Resource of over 831.6 million tons with a total copper grade of 0.31% [10]. - The preliminary economic assessment indicates a net present value (NPV) of $1.3 billion, an internal rate of return (IRR) of 20.9%, and a payback period of 4.1 years [10].