The future of First Quantum’s copper mine in Panama appears bleak. Public opposition and a government ban on new mining permits make the mine’s reopening unlikely, regardless of the May election outcome.Â
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First Quantum is looking to sell a stake in its Zambian copper mines, attracting interest from major players like Rio Tinto and Saudi Arabia. The bidding war highlights the growing importance of copper for clean energy and the limited supply of new mines.
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West African Resources has recently reported a significant discovery of high-grade gold mineralization at its Sanbrado Gold Project in Burkina Faso. This…
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In a strategic move, South Africa’s Minerals Council intensifies efforts to develop local green hydrogen markets, aiming to lead the global shift toward sustainable energy.
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Zambia’s state utility ZESCO cannot meet power demands, putting significant pressure on the global copper market amid severe drought conditions.
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CommoditiesExploration & DevelopmentFinanceNews
Western Copper and Gold Boosts $29 Million for Yukon Casino Project
Western Copper and Gold is raising $29 million to fund the expansion of the Casino project in Yukon, aiming to enhance its copper, gold, and molybdenum output.
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Gold prices are defying expectations and traditional market forces, hovering near record highs. The precious metal inched up slightly on Wednesday, holding…
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The global drive towards clean energy is facing a potential roadblock: a looming copper supply shortage. Copper, a vital metal in electric…
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Hummingbird Resources’ shares jump 17% after progress in contractor negotiations at its Kouroussa gold mine, signaling a near return to commercial production.
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Platinum Group Metals introduces breakthroughs in EV battery technology, using palladium and platinum to significantly enhance energy density and reduce weight in electric vehicles.