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LUCA DRILLS 15 METRES OF 5.4 g/t GOLD AND 8.4% ZINC AT CAMPO MORADO
Prnewswire· 2025-07-07 12:00
Campo Morado hosts several polymetallic massive sulphide deposits containing gold, silver, copper, zinc, and lead mineralization within a highly prospective land package totaling over 121 square kilometres within the Sierra Madre del Sur mineralized belt. This year's underground exploration campaign represents the first substantive exploration the project and mine have seen since 2014. Drill hole locations (CNW Group/Luca Mining Corp.) Drill hole locations (CNW Group/Luca Mining Corp.) Surface drillhole CM- ...
Surge Copper Announces $6.4 Million Equity Financing to Support Progress to Pre-Feasibility and EA Readiness at Berg
Globenewswire· 2025-07-07 11:00
Core Viewpoint - Surge Copper Corp. is advancing its Berg Project through a non-brokered equity financing of up to $6.4 million, aimed at completing a Preliminary Feasibility Study and initiating early-stage permitting activities as part of its 2025 objectives [1] Financing Details - The financing will occur through two concurrent private placements: 1. LIFE Offering: Up to 14.3 million common shares at $0.175 per share, raising up to $2.5 million, expected to close in two to three weeks [2] 2. Concurrent Strategic Investment: A significant existing strategic investor will purchase common shares at the same price, potentially raising up to $3.9 million, expected to close within four to six weeks [3] - The Company may increase the size of the LIFE Offering based on demand [4] Use of Proceeds - Net proceeds from the Offering will fund engineering, environmental, and early-stage permitting activities at the Berg Project, supporting the completion of a Preliminary Feasibility Study and entry into the Environmental Assessment process [5] Company Overview - Surge Copper Corp. is focused on developing a critical metals district in British Columbia, owning a large mineral claim package with advanced porphyry deposits containing copper, molybdenum, gold, and silver [11] - The Company holds a 100% interest in the Berg Project, which has a maiden PEA indicating a large-scale project with an NPV8% of C$2.1 billion and an IRR of 20% based on long-term commodity prices [12]
Blue Moon Metals Selects Worley to Prepare a NI 43-101 Feasibility Study For the Nussir Project in Q1-2026 and Advance Basic Engineering
Globenewswire· 2025-07-07 10:45
Core Viewpoint - Blue Moon Metals Inc. has selected Worley Limited as the engineering contractor to update its feasibility study for the Nussir Copper-gold-silver Project in Norway and advance basic engineering, with detailed engineering expected to follow in 2026 [1][2][3] Group 1: Project Development - The update will transition from the May 2023 JORC-compliant Feasibility Study to a NI 43-101 Feasibility Study, providing a solid foundation for the project's construction [1][2] - The engineering work will primarily take place in Worley's offices in the United Kingdom and Canada, leveraging their expertise in base metal projects [2] - The results from the feasibility study update are anticipated in Q1-2026, incorporating ongoing mine decline construction and innovations in mine design [3] Group 2: Company Background - Blue Moon is advancing three brownfield polymetallic projects, including the Nussir project, which is strategically located with existing infrastructure [5] - The company emphasizes the critical nature of zinc and copper in the global economy and national security, as recognized by the USGS and EU [5] - Worley Limited, headquartered in Australia, employs around 50,000 people across 45 countries and focuses on sustainable energy solutions while delivering essential resources [6]
SCC(SCCO) - 2024 Q4 - Earnings Call Presentation
2025-07-04 11:53
F E B R U A R Y 2 0 2 5 4Q24 RESULTS Disclaimer The material in this presentation has been prepared Southern Copper Corporation (SCC) and is general background information about SCC's activities current as at the date of this presentation. This information is given in summary form and does not purport to be complete. Information in this presentation, including financial forecasts, should not be considered as advice or a recommendation to investors or prospective investors in relation to holding, purchasing ...
X @Bloomberg
Bloomberg· 2025-07-03 21:54
Copper transport disruptions this week in Peru underscore the growing impact of informal mining on global mining corporations that operate in the Andean nation https://t.co/di5Mm5iw43 ...
Yukon Metals Identifies New Copper Zone and Mobilizes Second Drill Rig at AZ Property
Globenewswire· 2025-07-02 13:00
VANCOUVER, British Columbia, July 02, 2025 (GLOBE NEWSWIRE) -- Yukon Metals Corp. (CSE: YMC, FSE: E770, OTCQB: YMMCF) (“Yukon Metals” or the “Company”) is pleased to announce the identification of a newly defined copper target at its 100%-owned 13,110 hectare AZ Project, located approximately 6 kilometres west of the Alaska Highway and 36 kilometres south of Beaver Creek, Yukon. The Company has mobilized a second drill rig to test the newly identified zone, located approximately 4 kilometres southeast of cu ...
Intrepid Metals Secures Additional Mineral Rights Adjacent to Rio Tinto at Corral Copper
Newsfile· 2025-07-02 11:00
Core Insights - Intrepid Metals Corp. has expanded its Corral Copper Property by acquiring additional mineral rights, enhancing its regional footprint in Cochise County, Arizona [1][2] - The new claims add approximately 2,195 acres (888 hectares) to the Corral land package, bringing total holdings to 11,715 acres (4,741 hectares) [2] - The acquisition strategically positions Intrepid alongside major industry player Rio Tinto, following Rio Tinto's recent claims acquisition in the area [1][3] Company Developments - The CEO of Intrepid Metals expressed confidence in the district's potential and commitment to developing a significant copper asset in a tier-one jurisdiction [3] - The Corral Copper Property is located near historical mining areas, with a rich mining history dating back to the late 1800s [4][10] - Intrepid has access to a historical digital drill hole archive database, which aids in exploration targeting and planning [4] Exploration Potential - The district has over 50,000 meters of historical drilling data, primarily focused on the Ringo, Earp, and Holliday Zones, which Intrepid is leveraging for ongoing exploration [4][7] - The company aims to combine modern exploration techniques with historical data to advance the Corral Copper Property towards development studies [7]
X @Bloomberg
Bloomberg· 2025-06-27 12:25
Gabon’s government signed a $3.8 billion memorandum of understanding with the African Export-Import Bank to fund the development of manganese, gold trading, energy and rail infrastructure https://t.co/h2PV79yoZi ...
Nexa Provides Update on Cajamarquilla Operation
Newsfile· 2025-06-26 20:19
Core Viewpoint - Nexa Resources has temporarily suspended operations at the Cajamarquilla smelter due to a strike initiated by operator employees represented by their labor union, which began on June 25, 2025 [1][2]. Company Operations - The strike affects only the operator's union, as an agreement has already been reached with the technician's union [2]. - Nexa is actively monitoring the situation and is taking necessary measures to ensure the health and safety of its employees, contractors, and host communities [3]. - The company does not expect any impact on its 2025 sales guidance despite the ongoing strike [3]. Company Background - Nexa Resources is a large-scale, low-cost, integrated polymetallic producer, primarily focused on zinc, with over 65 years of experience in mining and smelting operations in Latin America [4]. - The company operates four long-life underground polymetallic mines and one low-cost open pit mine in Peru, along with three smelters, including Cajamarquilla, the largest smelter in the Americas [4]. Industry Position - In 2024, Nexa was ranked among the top five producers of mined zinc globally and one of the top five metallic zinc producers worldwide, according to Wood Mackenzie [5].
Perpetua Resources Publishes 2024 Sustainability Report
Prnewswire· 2025-06-26 11:00
Core Insights - Perpetua Resources Corp. released its 2024 Sustainability Report, marking the company's 12th annual report, which highlights its achievements in environmental, social, and governance (ESG) goals [1][3] - The report aligns with the Sustainability Accounting Standards Board (SASB) reporting framework for the Metals and Mining Industry [1] Group 1: Company Achievements - The company received its Final Environmental Impact Statement (FEIS) and a Draft Record of Decision (ROD) in September 2024, followed by a Final ROD in January 2025, which are significant milestones for advancing the Stibnite Gold Project [2] - The Stibnite Gold Project aims to provide a domestic source of antimony and develop one of the largest and highest-grade open pit gold mines in the U.S. while restoring an abandoned brownfield site [4][5] Group 2: Sustainability Efforts - The company has reported 154 months with no reportable spills and 109 months with no lost time incidents, showcasing its commitment to operational safety [7] - 100% of employees participated in business integrity and compliance training, reflecting the company's focus on ethical practices [7] - The company has invested $19 million in legacy cleanup activities since 2021 to improve water quality at the site [7] - In 2024, the company spent $23.6 million in Idaho, totaling over $132 million since 2014, indicating its economic contribution to the region [7]