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Taseko announces First Cathode Harvest at Florence Copper
Globenewswire· 2026-03-02 13:30
Core Viewpoint - Taseko Mines Limited has successfully commenced copper production at its Florence Copper operation in Arizona, marking the first new copper supply from a greenfield facility in the U.S. since 2008 [1][2]. Company Summary - The Florence Copper operation has achieved its first copper cathodes, with a nameplate capacity of 85 million pounds of LME Grade A copper metal per year, positioning Taseko as the third largest copper cathode producer in America [3][4]. - The operation is projected to produce a minimum of 1.5 billion pounds of copper over the next 22 years, contributing significantly to U.S. copper supply [3][5]. - Taseko's President & CEO, Stuart McDonald, emphasized the environmental advantages of the ISCR method used at Florence Copper, which is the first greenfield site globally to implement this low-cost production technique [4][6]. Industry Summary - With U.S. copper production remaining flat in recent years and global demand on the rise, Florence Copper is a critical advancement for America's minerals strategy [5]. - The copper produced will support various sectors, including automotive, semiconductor, defense/aerospace, and AI data centers, thereby enhancing U.S. manufacturing and supply chain security [6].
Columba drilling returns 10 meters of 503 gpt silver, 0.1% lead, 0.6% zinc and 9.88 meters of 319 gpt silver, 0.1% lead and 0.6% zinc from the Columba Drill Program
Prnewswire· 2026-03-02 13:30
Core Insights - Kootenay Silver Inc. announced positive assay results from its Columba High-Grade Silver Project in Chihuahua, Mexico, with significant silver grades reported from multiple drill holes [1] - The ongoing drill program has expanded from an initial 50,000 meters to a total of 60,000 meters, with approximately 17,000 meters completed and 24 holes reported [1] - The inferred Mineral Resource Estimate (MRE) at Columba currently totals 54.1 million ounces of silver at a grade of 284 grams per tonne (gpt) [1] Drilling Results - Notable results include 10 meters of 503 gpt silver, 0.1% lead, and 0.6% zinc, as well as 9.88 meters of 319 gpt silver, 0.1% lead, and 0.6% zinc from the Lupe-B2 Vein System [1] - The D Vein Trend showed high-grade intercepts, including 0.7 meters grading 1,020 gpt silver and 0.6% lead, and a footwall vein with 3,640 gpt silver over 0.3 meters [1] - The Lupe Vein System also demonstrated strong potential with multiple intersections exceeding 1,000 gpt silver [1] Project Overview - The Columba project is characterized as a high-grade epithermal vein system, similar to other significant silver districts in Mexico [2] - The surface extent of mapped veins measures approximately 4 kilometers by 3 kilometers, with mineralization occurring over a vertical extent of at least 350 meters [2] - Historical mining activity occurred in the early 1900s and again from 1958 to 1960, with Kootenay Silver acquiring 100% of the project and conducting extensive exploration since [2] Quality Assurance and Technical Information - All technical information is obtained under a formal quality assurance and quality control (QA/QC) program, with samples analyzed by ALS Minerals in Chihuahua and Vancouver [2] - The mineral resource estimate was conducted by independent qualified persons and adheres to Canadian regulatory standards [3]
Is Freeport-McMoRan Stock Outperforming the Dow?
Yahoo Finance· 2026-03-02 13:27
Company Overview - Freeport-McMoRan Inc. (FCX) is a global mining company focused on copper, gold, and molybdenum production, with significant operations in the Americas and Indonesia. The company is headquartered in Phoenix, Arizona, and has a market capitalization of $97.84 billion, categorizing it as a "large-cap" stock [1]. Stock Performance - FCX's stock reached an all-time high of $69.75 on February 25 but has since declined by 2.4%. Over the past three months, the stock has increased by 61.5%, outperforming the broader Dow Jones Industrial Average, which rose by 3.3% during the same period [2]. - In the last 52 weeks, FCX's stock has surged by 81.9%, while the Dow Jones index has only increased by 13.3%. Year-to-date, the stock is up 34%, compared to a 1.9% gain for the index [3]. Financial Results - On January 22, FCX reported fourth-quarter results that exceeded expectations, generating revenues of $5.63 billion and an adjusted EPS of $0.47. The company's consolidated copper and gold sales were better than previously anticipated [4]. Operational Developments - Freeport is on track for the phased restart of the Grasberg Block Cave underground mine in Indonesia, expected to begin in the second quarter of this year. The company has also signed a Memorandum of Understanding (MoU) with the Indonesian government to extend operating rights for PT Freeport Indonesia for the life of the resource in the Grasberg minerals district [5]. Comparative Performance - When compared to Rio Tinto Group (RIO), which has gained 63.6% over the past 52 weeks and 24.1% year-to-date, FCX has demonstrated superior performance [6]. Analyst Ratings - Wall Street analysts are highly optimistic about FCX, with a consensus rating of "Strong Buy" from 21 analysts. The mean price target is $65.71, indicating a potential downside of 3.5% from current levels, while the highest price target of $81 suggests a 19% upside [7].
Emerita Reports Albion Process Achieves 81% Gold and 96% Silver Recovery from Post Flotation Material Samples at IBW Project
Globenewswire· 2026-03-02 13:11
Core Insights - Emerita Resources Corp. has achieved significant metallurgical test results at its Iberian Belt West Project, with gold recovery at 81% and silver recovery at 96% using the Albion hydrometallurgical process [1][4][10] - These results surpass previous metallurgical outcomes, which reported gold recoveries of 81.5% and silver recoveries of 64.1% using the CLEVR post-flotation process [2][6] Metallurgical Process Overview - The Albion Process™ is a post-flotation metallurgical method that effectively liberates precious metals from refractory sulphide matrices, enhancing silver recovery significantly [3][4] - The testing was conducted at CORE Resources' laboratories in Australia, involving a three-step Albion-based flowsheet [4][6] Comparative Analysis - A comparison of the Albion Process with the previously evaluated CLEVR process shows that while gold recovery is comparable (81% for Albion vs. 81.5% for CLEVR), silver recovery is markedly higher with Albion at 96% compared to 50-64% with CLEVR [6][9] - The Albion Process utilizes hydrometallurgical oxidation, while the CLEVR process employs pyrometallurgical treatment [6][7] Project Development and Future Plans - The metallurgical results enhance the technical robustness of the IBW Project, providing two viable processing alternatives that reduce metallurgical risk and increase flexibility in process selection [9] - The company plans to continue testing additional technologies in 2026 to optimize the processing route for the IBW Project, focusing on operational efficiency, environmental performance, and long-term project economics [10]
Miner EDM Resources seeks US listing to widen investor base
Proactiveinvestors NA· 2026-03-02 13:09
About this content About Ian Lyall Ian Lyall, a seasoned journalist and editor, brings over three decades of experience to his role as Managing Editor at Proactive. Overseeing Proactive's editorial and broadcast operations across six offices on three continents, Ian is responsible for quality control, editorial policy, and content production. He directs the creation of 50,000 pieces of real-time news, feature articles, and filmed interviews annually. Prior to Proactive, Ian helped lead the business outpu ...
Collective Metals Announces Plans for Inaugural Drill Program at the Rocas Uranium Project
Globenewswire· 2026-03-02 13:00
Core Viewpoint - Collective Metals Inc. has finalized plans for its inaugural drill campaign at the Rocas Uranium Project, targeting high-priority uranium areas identified through previous prospecting and geophysical surveys [2][3]. Drill Program Details - The Phase I drilling program will consist of approximately 1,200 to 1,500 meters across six to eight drill holes, focusing on shallow, high-grade basement-hosted uranium mineralization [3]. - The drilling will test target zones defined by anomalous uranium occurrences identified during the 2025 prospecting program and geophysical work completed in 2024 [3][4]. Prospecting and Mapping Results - Preliminary results from the 2025 prospecting and mapping program revealed anomalous radioactivity readings of up to 33,000 counts-per-second (cps), with ten separate occurrences exceeding 10,000 cps [3][6]. - Historical mineralized outcrop grab samples along approximately 900 meters of strike length returned values ranging from 587 ppm U to 0.498 wt.% U3O8, none of which have been drill-tested [6][20]. Funding and Logistics - The Company will fully fund the drilling program to meet the year-one expenditure requirements under the definitive property option agreement with Standard Uranium [3]. - Key contracts for the program have been secured, and diamond drilling crews are expected to mobilize to the project as early as mid-March [3]. Exploration Potential - The Rocas Project is considered highly prospective for the discovery of shallow, high-grade basement-hosted uranium mineralization, located near the Athabasca Basin margin [9][20]. - The project area hosts several uranium occurrences and has remained untested by drilling to date, with a focus on a 7.5-kilometer magnetic low/EM conductive corridor [4][20].
Northern Graphite Partners with Metalshub to Digitalize Graphite Sales
TMX Newsfile· 2026-03-02 13:00
Core Viewpoint - Northern Graphite Corporation is partnering with Metalshub to conduct online auctions for graphite flake from its Lac des Iles mine, aiming to enhance market transparency and price discovery in the graphite sector [1][2][3]. Company Overview - Northern Graphite is the only flake graphite producer in North America, focused on becoming a leader in natural graphite production and upgrading it for high-value applications in the green economy, including lithium-ion batteries and advanced industrial technologies [5][6]. - The company operates the Lac des Iles mine in Quebec and is increasing output to meet rising demand from industrial customers and North American battery manufacturers [6]. Industry Context - The natural graphite market has traditionally relied on private negotiations, lacking transparency and centralized pricing mechanisms. The introduction of competitive digital auctions is expected to improve price discovery and market efficiency [3][4]. - As demand for battery materials grows, the need for transparent spot markets and efficient allocation mechanisms becomes critical for both producers and consumers [3]. Partnership Details - Through Metalshub's platform, Northern Graphite will conduct competitive bidding for four grades of natural flake graphite: 20x50 (jumbo), 50x80 (large), 80x150 (medium), and M100 (fines) [2][4]. - The partnership aims to provide a structured and auditable bidding process, enhancing engagement with a global network of qualified buyers and generating data-driven insights for commercial decisions [4].
NexGen to Host Q4 2025 Conference Call
TMX Newsfile· 2026-03-02 12:24
Core Viewpoint - NexGen Energy Ltd. is set to host its 2025 fourth quarter conference call on March 4, 2026, to discuss advancements in its Rook I Project and key milestones for the upcoming year [1][2]. Group 1: Conference Call Details - The conference call will take place on March 4, 2026, at 8:30 am Eastern Standard Time [3]. - Participants can join via a toll-free number for North America or a local toll number for Australia, as well as through web access links [3]. Group 2: Project Updates - The call will feature updates from key executives, including the completion of Canadian Nuclear Safety Commission hearings and advancements in infrastructure at Patterson Corridor East [2]. - The Rook I Project is positioned to become the largest low-cost uranium mine globally, emphasizing elite environmental and social governance standards [5]. Group 3: Company Overview - NexGen Energy is focused on delivering clean energy fuel and is headquartered in Vancouver, British Columbia, with operations in Saskatchewan [6]. - The company is listed on multiple stock exchanges, providing global investors access to its mission of addressing decarbonization, energy security, and power access challenges [6].
Bold Ventures secures new claims near Joutel Property in Canada
Yahoo Finance· 2026-03-02 12:01
Core Viewpoint - Bold Ventures has agreed to acquire six mining claims adjacent to its Joutel Property in Quebec, Canada, enhancing its exploration potential for various minerals [1][2]. Group 1: Acquisition Details - The acquisition involves the issuance of 750,000 common shares of Bold to 2099840 Ontario, operating as Emerald Geological Services (EGS) [1]. - The transaction is classified as a related party transaction but is exempt from certain valuation and approval requirements due to its market value being below 25% of Bold's market capitalization [4]. Group 2: Exploration Potential - The newly acquired claims are significant due to the presence of versatile time-domain electromagnetic (VTEM) anomalies identified in a 2012 survey, which are believed to be prospective for nickel, copper, zinc, gold, and silver [2]. - Historical diamond drill results in anomalous area 3B show promising mineral intercepts, including 0.83% nickel over 3.7 meters and 0.51 grams per tonne gold over 3.05 meters [3]. Group 3: Project Development - The acquisition consolidates Bold's Joutel project into a land package of 58 claims covering 3,217 hectares, associated with numerous geophysical anomalies linked to known mineralization [5]. - A ground geophysical survey is anticipated this winter to better define these anomalies ahead of drilling [5].
X @Bloomberg
Bloomberg· 2026-03-02 11:52
Rio Tinto approves a $473 million mine expansion in South Africa https://t.co/IeSBjYJDW5 ...