Copper mining news

Shalina Resources and Chemaf SA have concluded a financing and marketing transaction with Trafigura to facilitate new supply of high-grade cobalt hydroxide and copper cathode.

Rio Tinto has released it production results for 4Q21.

Platinex Inc. has closed the acquisition of a 100% ownership interest in the W2 Copper-Nickel-PGE Project.

The Copper Mark has welcomed Southwire as its newest partner and has grown to add a further two participating sites from Grupo Mexico.

South32 Ltd has provided an update following the completion of a pre-feasibility study for the Taylor Deposit, which is the first development option at the company’s 100% owned Hermosa project located in Arizona, USA.

Zest WEG is supplying an extensive range of motors and variable speed drives for the second phase of the Kamoa-Kakula project, located on the Central African Copperbelt in the Democratic Republic of Congo.

According to the latest Rystad Energy projections, global demand for copper will outstrip supply by more than 6 million t by 2030.

Castillo Copper Ltd’s Board has received a fresh geological report on the Broken Hill Alliance Project’s East Zone, which highlights significant exploration potential for cobalt-copper-zinc and possibly lithium mineralisation.

Ambler Metals LLC, the joint venture operating company equally owned by Trilogy Metals and a wholly-owned subsidiary of South32 Ltd, has approved the 2022 programme and budget of approximately US$28.5 million for the advancement of the Upper Kobuk Mineral Projects (UKMP) located in Northwestern Alaska.

Filo Mining Corp. has provided initial assay results and an update on the Filo del Sol drilling programme.