Diablo Resources has identified high-priority drill targets at its 100% owned Star Range silver-antimony project in Utah, following completion of an Induced Polarization (IP) survey at the North Star Prospect. The survey has outlined multiple chargeability and conductivity anomalies that coincide with known high-grade surface mineralization and favorable geological structures, supporting the company’s plans for a maiden drilling program in…
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Faraday Copper in talks for BHP mine in Arizona
Faraday Copper and a BHP subsidiary have signed a non-binding letter of intent to explore a potential transaction whereby Faraday would acquire BHP’s San Manuel property in Arizona. In exchange, BHP would receive a 30% interest in the equity of Faraday, and commensurate shareholder and marketing rights. Additionally, BHP agreed to participate in any equity raise by Faraday, over two…
Read MoreEagle mine, Humboldt mill sold to Talon Metals
Canadian producer Lundin Mining has sold its Eagle nickel and copper mine and Humboldt mill outside of Marquette, Mich., to Talon Metals. The transaction potential was first announced in December. Lundin, according to the terms of the deal, will retain stock in Talon. Humboldt, which company officials have said is the only U.S. mill today that concentrates nickel ore, was…
Read MoreTeck moves forward with Highland Valley Copper extension
Teck Resources has received board approval for the construction of the Highland Valley Copper mine life extension project, which will extend the mine’s life from 2028 to 2046. “This extension of Canada’s largest copper mine, Highland Valley Copper, is foundational to our strategy to double copper production by the end of the decade,” said Jonathan Price, president and CEO, noting…
Read MoreBritish Columbia grants environmental certificate to Teck
Teck Resources has received an Environmental Assessment Certificate for the proposed Highland Valley Copper Mine Life Extension project from the British Columbia government. The project would extend the life of the copper-molybdenum mine to the mid-2040s. “This positive decision by the Government of B.C. will support extending the life of Canada’s largest copper mine, strengthening the North America critical minerals…
Read MoreRio Tinto land exchange halted by judge
A U.S. federal judge has temporarily blocked the Trump administration from transferring land to Rio Tinto and BHP for their Resolution copper mine in Arizona, citing the Supreme Court’s ongoing deliberations in the complex case, reported Reuters. In an 18-page order, U.S. District Judge Steven Logan said the nonprofit Apache Stronghold was likely to succeed in its appeal to the…
Read MoreRio Tinto exec seeks faster permitting under Trump
A Rio Tinto executive said U.S. president-elect Donald Trump’s new administration should focus on speeding up the permitting process for its stalled Resolution copper mine in Arizona, reported Reuters. The mine could supply more than one-quarter of the country’s domestic copper needs. The new Trump administration would be able to either approve or block the proposed underground operation. The news…
Read MoreKennecott completes switch to renewable diesel
Rio Tinto has finished the transition from conventional to renewable diesel for all heavy mining equipment at its Kennecott copper mine in Utah. The miner said the move is expected to reduce Kennecott’s Scope 1 emissions by 450,000 tonnes. Additionally, the switch to renewable diesel reduces PM2.5 emissions at the tailpipes of its haul truck fleet by 40%. “The transition…
Read MoreRio Tinto to keep Resolution’s copper in U.S.
A Rio Tinto senior executive said that the miner aims to keep all of the copper from its Resolution mine inside the United States should the long-delayed and controversial project win regulatory approval, reported Reuters. “Certainly if Resolution comes on stream, all of that copper we would like it to be sold in the U.S.,” said Bold Baatar, head of…
Read MoreBagdad to be first U.S. copper mine to move to AHS
Freeport-McMoRan’s Bagdad operation in Arizona will become the first copper mine in the United States to implement a fully autonomous haulage system (AHS). The miner will convert its fleet of 33 Cat 793 haul trucks using Cat MineStar Command for hauling. “The three-year conversion project is expected to improve safety, optimize our fleet, reduce GHG emissions through reduced idle time…
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