All amounts expressed in US dollars LUSAKA, Zambia, July 10, 2025 (GLOBE NEWSWIRE) -- Construction of the $2 billion Super Pit Expansion Project at Barrick Mining Corporation’s (NYSE:B)(TSX:ABX) Lumwana mine is well underway, accelerating its transformation into a Tier One copper mine. Addressing members of the media and other stakeholders here today, Barrick president and chief executive Mark Bristow said the Lumwana expansion builds on a remarkable turnaround that has seen the operation evolve from a stru ...

智利铜矿开采公司Antofagasta首席执行官：我们目前不会向美国发送额外的铜，将维持现有的销售合 同。 ...

Core Viewpoint - Taseko Mines Limited has released a new technical report for its Yellowhead Copper Project, highlighting significant improvements in project economics and establishing it as a world-class copper project in a tier-one jurisdiction [1][2]. Project Overview - The Yellowhead Project is located in central British Columbia, approximately 300 km southeast of the Gibraltar Mine and 150 km north of Kamloops, benefiting from excellent transportation infrastructure [4]. - Mining operations will utilize conventional truck and shovel techniques from a single open pit, with a process flowsheet that includes a SAG and ball milling circuit, followed by flotation processes [5]. Economic Highlights - The project has an estimated initial capital cost of C$2.0 billion, with a net present value (NPV) of C$2.0 billion and an internal rate of return (IRR) of 21% at a copper price of US$4.25 per pound [7][9]. - Average annual copper production is projected at 178 million pounds over a 25-year mine life, with total cash costs (C1) of US$1.90 per pound [7][9]. - The project is expected to generate total tax payments of approximately C$3.2 billion over its lifespan and create around 590 direct jobs and 1,120 indirect jobs [6]. Technical Report Updates - The new technical report incorporates updated capital and operating cost estimates, long-term metal prices, and additional technical work since the previous report in January 2020 [1][9]. - Key economic results show an increase in copper price assumptions from US$3.10 to US$4.25 per pound, and an increase in initial capital costs from C$1.3 billion to C$2.0 billion [9]. Environmental and Community Engagement - The project has commenced the Provincial and Federal environmental assessment processes, along with the Simpcw First Nation's assessment [10]. - Community engagement and technical studies are ongoing to support project permitting initiatives [10]. Mineral Reserves and Resources - As of June 1, 2025, the Yellowhead Project has proven and probable mineral reserves totaling 817 million tonnes, with an average copper grade of 0.28% [11]. - The measured and indicated mineral resources are estimated at 1,296 million tonnes, with an average copper grade of 0.25% [14].

Core Viewpoint - Ero Copper Corp. has successfully completed its Phase 1 drill program at the Furnas Copper-Gold Project, revealing significant down-dip mineralization and extending known limits, which positions the project as a potential large-scale, high-grade underground mining operation [1][4][6]. Group 1: Drill Program Details - The Phase 1 drill program consisted of 28,000 meters, with results received for approximately 10,000 meters, demonstrating continuity and extending mineralization to a maximum depth of 730 meters [1][2]. - Only one of the 66 holes drilled did not intercept mineralization, indicating a high success rate in the drilling campaign [2]. - The program included infill drilling to confirm high-grade mineralization continuity and step-out drilling to extend known mineralization limits [2][4]. Group 2: Mineral Resource Estimates - The current NI 43-101 mineral resource estimate is based on historical drilling averaging 300 meters in depth, with a maximum localized depth of 580 meters [1][6]. - The indicated mineral resource is estimated at 35.2 million tonnes grading 1.04% copper and 0.69 grams per tonne gold (1.36% CuEq), while inferred resources total 61.3 million tonnes grading 1.06% copper and 0.63 grams per tonne gold (1.36% CuEq) [14]. Group 3: Future Plans - The company is advancing to a Phase 2 drill campaign, expected to comprise a minimum of 17,000 meters, with a greater focus on step-out drilling [5][6]. - The complete results from the Phase 1 program will inform an updated NI 43-101 mineral resource estimate and a preliminary economic assessment (PEA) scheduled for completion in the first half of 2026 [6][9]. Group 4: Project Location and Infrastructure - The Furnas Project is located in the Carajás Mineral Province in Pará State, Brazil, approximately 50 kilometers from Vale Base Metals' Salobo operations and 190 kilometers from Ero's Tucumã Operations [7][8]. - The project area covers approximately 2,400 hectares and is near extensive regional infrastructure, including paved roads and a power substation [8]. Group 5: Partnership and Agreements - In July 2024, Ero Copper signed an earn-in agreement with Salobo Metais S.A., a subsidiary of Vale Base Metals, to earn a 60% interest in the project by completing exploration and development milestones over five years [9][35].

Core Insights - Osisko Metals has announced significant new drill results from the Gaspé Copper Project, confirming the large-scale potential of mineralization in the area [2][3] - The company is actively expanding its drilling program, now utilizing nine drill rigs to accelerate resource definition and expansion [3] Drill Results - Drill hole 30-1090 intersected 279.0 metres averaging 0.49% Cu and 3.35 g/t Ag, with a notable second intercept of 108 metres averaging 0.84% Cu and 7.79 g/t Ag [8][9] - Other significant results include: - Drill hole 30-1078: 256.5 metres averaging 0.25% Cu and 1.79 g/t Ag, and 381.0 metres averaging 0.22% Cu and 1.69 g/t Ag [10] - Drill hole 30-1079: 319.5 metres averaging 0.28% Cu and 2.14 g/t Ag, and 180.0 metres averaging 0.37% Cu and 2.54 g/t Ag [11] - Drill hole 30-1081: 301.8 metres averaging 0.41% Cu and 3.36 g/t Ag, and 44.5 metres averaging 0.23% Cu and 1.32 g/t Ag [12] - Drill hole 30-1084: 471.4 metres averaging 0.25% Cu and 1.95 g/t Ag, followed by 55.4 metres averaging 0.33% Cu and 2.64 g/t Ag, and 89.7 metres averaging 0.29% Cu and 1.93 g/t Ag [13] - Drill hole 30-1080: 520.5 metres averaging 0.23% Cu and 1.02 g/t Ag, and 195.0 metres averaging 0.26% Cu and 1.28 g/t Ag [14] Project Overview - The Gaspé Copper Project is located in the Gaspé Peninsula of Eastern Québec and is focused on resource expansion [2][24] - The current Indicated Mineral Resources are 824 million tonnes averaging 0.34% CuEq, while Inferred Mineral Resources are 670 million tonnes averaging 0.38% CuEq [24] - The project is strategically located near existing infrastructure in a mining-friendly province [24] Future Plans - The ongoing drill program aims to convert the November 2024 Mineral Resource Estimate (MRE) to Measured and Indicated categories and to test for further expansion of the mineralization [17][19] - The next MRE update is scheduled for Q1 2026, which will include new mineralized intersections below the current MRE model [19]

Core Viewpoint - Surge Copper Corp. has successfully increased its non-brokered equity financing from approximately $6.4 million to up to $10.4 million due to strong investor demand, with full subscription from both new and existing investors [1] Group 1: Offering Details - The Offering will consist of a LIFE Offering of up to 19.2 million common shares at $0.175 per share for gross proceeds of up to $3.4 million, and a LIFE Charity Flow-Through Offering of up to 9.4 million charity flow-through common shares at $0.265 per share for gross proceeds of up to $2.5 million [7] - A Concurrent Strategic Investment is expected to raise up to $4.5 million through a private placement of up to 25.8 million common shares at $0.175 per share, increasing the strategic investor's ownership to up to 19.9% [7] Group 2: 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 potential entry into the Environmental Assessment process [2] - A portion of the proceeds will also be allocated for general working capital [2] Group 3: Company Overview - Surge Copper Corp. is advancing a critical metals district in British Columbia, owning a large mineral claim package with multiple advanced porphyry deposits containing copper, molybdenum, gold, and silver [9] - The Company holds a 100% interest in the Berg Project, which has a Preliminary Economic Assessment (PEA) indicating an NPV of C$2.1 billion and an IRR of 20% based on long-term commodity prices [10]

Core Viewpoint - Amerigo Resources Ltd. reported operational results for Q2-2025, highlighting strong copper production and a commitment to returning capital to shareholders through dividends and share buybacks [1][2][4]. Production and Operational Performance - In Q2-2025, Amerigo produced 15.52 million pounds of copper and 0.39 million pounds of molybdenum, with production slightly exceeding expectations due to lower weather-related disruptions [2][4]. - The total copper production for the first half of 2025 reached 28.8 million pounds, accounting for 46% of the annual guidance of 62.9 million pounds [5]. - The cash cost for Q2-2025 was $1.82 per pound, while the first half of 2025 averaged $2.00 per pound, maintaining the annual guidance of $1.93 per pound [6]. Financial Performance and Capital Return Strategy - Amerigo returned $7.6 million to shareholders in Q2-2025, with a total of $12.1 million returned in the first half of the year through dividends and share buybacks [4][8]. - The company has returned a total of $90.2 million to shareholders since implementing its Capital Return Strategy in October 2021, which includes quarterly dividends and share buybacks [12][13]. Market Conditions and Pricing - Copper prices increased throughout Q2-2025, with an average provisional price of $4.42 per pound, contributing to the company's strategy of reducing debt and enhancing shareholder returns [3][7]. - The average molybdenum price in Q2-2025 was $20.44 per pound, showing a slight increase from the previous quarter [7]. Cash Position and Debt Management - As of June 30, 2025, Amerigo's cash position was $23.3 million, with outstanding bank debt reduced to $7.5 million, reflecting a decrease of $4.0 million since the end of 2024 [9].

Group 1 - Highland Copper Company Inc. has approved the grant of 6,632,271 incentive stock options, 3,116,875 Restricted Share Units, and 1,973,684 Deferred Share Units to its directors, executive officers, and employees, subject to regulatory approval [1] - The stock options have an exercise price of CDN$0.095 per share and are exercisable for a period of up to five years, with vesting occurring in three phases [1] - The Restricted Share Units and Deferred Share Units will vest in three equal parts over three years [1] Group 2 - Highland Copper Company is focused on exploring and developing copper projects in the Upper Peninsula of Michigan, U.S.A. [2] - The company owns the Copperwood deposit through long-term mineral leases and holds a 34% interest in the White Pine North project via a joint venture [2] - Highland Copper 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" [2]

A recent mishap at a century-old copper smelter owned by Codelco is stoking debate over the pros and cons of shutting it down https://t.co/2mfKYadpa9 ...

Core Points - Taseko Mines Limited has filed and received acceptance for the Initial Project Description (IPD) for its Yellowhead Copper Project, marking the start of the Environmental Assessment (EA) process [1] - The company is committed to public involvement and Indigenous engagement throughout the EA and permitting processes [2] - The Yellowhead Project is located in the territory of Simpcw First Nation, and Taseko has established a relationship with Simpcw leadership to align project goals with community interests [3] - A Relationship Negotiation Agreement has been signed between Taseko and Simpcw to define roles in project oversight and establish an economic partnership [3] - The President & CEO of Taseko highlighted the submission of the IPD as a significant milestone and emphasized ongoing stakeholder engagement [4] - Taseko has launched a dedicated project website to keep stakeholders informed and encourage participation in the EA process [4]