Lundin finds new copper-gold systems in Ecuador
Lundin is advancing toward a first-half decision on whether to build a mine in Fruta del Norte’s south zone to expand output.
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Lundin is advancing toward a first-half decision on whether to build a mine in Fruta del Norte’s south zone to expand output.
Canada’s mining disclosure rules fixed fraud, but not dilution, silence, or social media misinformation.
Profit soared on stronger gold prices as reserves hit a record and spending plans topped $600 million for 2026.
Copper prices are under renewed pressure after satellite data showed 1.2 million tonnes of January smelter capacity outside China went idle.
The transaction is expected to close during the second quarter of 2026.
Spot prices fell as much as 4% to $4,880 per ounce, before parsing some losses.
The $500 million will fund the first two phases of its plan, which are expected to bring its annual production up to approximately 300,000–400,000 oz.
Five of the kidnapped employees remain unaccounted for, almost three weeks after their abduction.
Decarbonization milestone comes as the miner advances large-scale renewable projects and electric mining fleet.
Canada has the minerals the West needs, but slow permits and weak processing threaten our strategic moment.
New risk data suggests the region offers a rare mix of large reserves, political stability and pro-West alignment.
The plant processes spodumene from Greenbushes, the world's biggest lithium mine.