Antofagasta plc

Kenorland Minerals Announces Termination of Tanacross Project Earn-in Agreement with Antofagasta PLC and Highlights Exploration Upside at South Taurus

Retrieved on: 
Thursday, March 28, 2024

Kenorland's focus moving forward will be targets which remain completely untested, including South Taurus, which shows strong evidence for a concealed copper system."

Key Points: 
  • Kenorland's focus moving forward will be targets which remain completely untested, including South Taurus, which shows strong evidence for a concealed copper system."
  • In 2020, the Company completed a systematic soil geochemical grid covering South Taurus as well as East Taurus, West Taurus, and McCord Creek targets.
  • The Company also completed a TITAN induced polarisation (IP) and magnetotellurics (MT) survey extending 5km across the South Taurus anomaly.
  • The South Taurus target is ready for drill-testing and Kenorland is actively exploring partnership opportunities for a future drill program.

Buenaventura Comments on call of the General Shareholders’ Meeting

Retrieved on: 
Thursday, January 25, 2024

This amendment would subsequently allow proposing to the General Shareholders' Meeting the appointment of two directors proposed by Antofagasta, taking into consideration the right it has based on the percentage of its owned shares.

Key Points: 
  • This amendment would subsequently allow proposing to the General Shareholders' Meeting the appointment of two directors proposed by Antofagasta, taking into consideration the right it has based on the percentage of its owned shares.
  • In this regard, the Company considers that Antofagasta's contribution to the Board of Directors would add value to its composition, considering its experience and knowledge in the mining sector.
  • is Peru’s largest, publicly traded precious and base metals Company and a major holder of mining rights in Peru.
  • Buenaventura currently operates several mines in Peru (Orcopampa*, Uchucchacua*, Julcani*, Tambomayo*, La Zanja*, El Brocal and Coimolache).

Kenorland Minerals Provides Exploration Update

Retrieved on: 
Wednesday, November 15, 2023

Vancouver, British Columbia--(Newsfile Corp. - November 15, 2023) - Kenorland Minerals Ltd. (TSXV: KLD) (OTCQX: KLDCF) (FSE: 3WQ0) ("Kenorland" or the "Company") is pleased to provide an update of its 2023 exploration activities, highlighting advancements on projects located in Quebec, Ontario, Manitoba, BC, and Alaska, including projects held under agreements with Sumitomo Metal Mining Canada Ltd. ("Sumitomo"), Newmont Corporation ("Newmont"), Centerra Gold Inc. ("Centerra"), and Antofagasta Minerals ("Antofagasta").

Key Points: 
  • Vancouver, British Columbia--(Newsfile Corp. - November 15, 2023) - Kenorland Minerals Ltd. (TSXV: KLD) (OTCQX: KLDCF) (FSE: 3WQ0) ("Kenorland" or the "Company") is pleased to provide an update of its 2023 exploration activities, highlighting advancements on projects located in Quebec, Ontario, Manitoba, BC, and Alaska, including projects held under agreements with Sumitomo Metal Mining Canada Ltd. ("Sumitomo"), Newmont Corporation ("Newmont"), Centerra Gold Inc. ("Centerra"), and Antofagasta Minerals ("Antofagasta").
  • The total updated forecast for exploration expenditures on properties in which Kenorland holds direct or royalty interests is anticipated to be over $31.4 million in 2023, which includes up to $26.4 million in exploration financed by partners.
  • Given the low exploration maturity and proven endowment, the Muskayk Project compliments the Company's existing exploration portfolio.
  • Critical Minerals Portfolio: Over the last two years, the Company has assembled a portfolio of projects focused on critical minerals including rare earth elements ("REE") and Niobium.

World's Largest Miners Confirmed For This Year's Resourcing Tomorrow Event

Retrieved on: 
Wednesday, November 8, 2023

Representatives from the world's largest mining companies, Anglo American, BHP, Glencore, Rio Tinto and Vale have confirmed their attendance for this year's Resourcing Tomorrow event.

Key Points: 
  • London, United Kingdom--(Newsfile Corp. - November 8, 2023) - Representatives from the world's largest mining companies, Anglo American , BHP, Glencore, Rio Tinto and Vale have confirmed their attendance for this year's Resourcing Tomorrow event and will join other leading mining companies including Anglo Gold Ashanti, Antofagasta Minerals, Barrick, B2 Gold, Eldorado Gold, Endeavour Mining, Freeport McMoRan, Newmont, Sibanye Stillwater, Teck Resources, and Wheaton Precious Metals.
  • As Europe's largest mining event, Resourcing Tomorrow: Accelerating the Energy Transition takes place in London on the 28-30 November and is poised to be yet another agenda-setting edition for the industry, fostering collaboration and knowledge exchange among professionals in the field.
  • Resourcing Tomorrow unites all stakeholders in the mining industry, including global mining and energy companies, investors, government delegations, researchers, educators, regulators, suppliers, and operators.The conference programme will provide 100+ intelligent and forward-thinking sessions in which all of the aforementioned miners will participate, giving attendees the opportunity to engage and network with leaders and industry specialists from around the world.
  • With the increasing pace of change and emerging technologies in the mining industry, Resourcing Tomorrow will focus on the future of our industry and presents a unique opportunity for international representatives of the world's leading resource economies to meet, find new partners, discuss current challenges, and share the latest research, technology and best practice.

World's Largest Miners Confirmed For This Year's Resourcing Tomorrow Event

Retrieved on: 
Friday, October 6, 2023

London, United Kingdom--(Newsfile Corp. - October 6, 2023) - Representatives from the world's largest mining companies, Anglo American, BHP, Glencore, Rio Tinto and Vale have confirmed their attendance for this year's Resourcing Tomorrow event and will join other leading mining companies including Anglo Gold Ashanti, Antofagasta Minerals, Barrick, B2 Gold, Eldorado Gold, Endeavour Mining, Freeport McMoRan, Newmont, Sibanye Stillwater, Teck Resources, and Wheaton Precious Metals.

Key Points: 
  • London, United Kingdom--(Newsfile Corp. - October 6, 2023) - Representatives from the world's largest mining companies, Anglo American, BHP, Glencore, Rio Tinto and Vale have confirmed their attendance for this year's Resourcing Tomorrow event and will join other leading mining companies including Anglo Gold Ashanti, Antofagasta Minerals, Barrick, B2 Gold, Eldorado Gold, Endeavour Mining, Freeport McMoRan, Newmont, Sibanye Stillwater, Teck Resources, and Wheaton Precious Metals.
  • As Europe's largest mining event, Resourcing Tomorrow: Accelerating the Energy Transition takes place in London on the 28-30 November and is poised to be yet another agenda-setting edition for the industry, fostering collaboration and knowledge exchange among professionals in the field.
  • Resourcing Tomorrow unites all stakeholders in the mining industry, including global mining and energy companies, investors, government delegations, researchers, educators, regulators, suppliers, and operators.
  • The conference programme will provide 100+ intelligent and forward-thinking sessions in which all of the aforementioned miners will participate, giving attendees the opportunity to engage and network with leaders and industry specialists from around the world.

Copper Cathode Market to grow by USD 7.82 million during 2022-2027 | Rising demand for copper cathode from construction, electronics, and automotive industries to drive the growth - Technavio

Retrieved on: 
Wednesday, September 27, 2023

Rising demand for copper cathode from the construction, electronics, and automotive industries drives the copper cathode market.

Key Points: 
  • Rising demand for copper cathode from the construction, electronics, and automotive industries drives the copper cathode market.
  • Various industries, namely construction, electronics, and automotive industries, are creating demand for copper cathodes.
  • The rising demand can be attributed to factors such as population growth, urbanization, technological advancements, and increased automobile production.
  • The report analyses the market size and growth and provides accurate predictions on the growth of the market.

Kenorland Announces 2023 Summer Drill Program at the Tanacross Project, Alaska

Retrieved on: 
Wednesday, April 26, 2023

The summer drill program, operated by Kenorland, will include up to 4,500m of diamond drilling to test three primary target areas: East Taurus, West Taurus, and South Taurus.

Key Points: 
  • The summer drill program, operated by Kenorland, will include up to 4,500m of diamond drilling to test three primary target areas: East Taurus, West Taurus, and South Taurus.
  • The approved 2023 budget for the drill program is approximately US$3.8 million and will be carried out from June through August.
  • During the option period, Antofagasta will fund all exploration and Kenorland will be the initial operator.
  • Once Antofagasta has earned its 70% interest, Kenorland and Antofagasta will form a 30:70 joint venture.

STRACON Group Expands into Chile with the Acquisition of AMECO’s Asset Management and Equipment Rental Service

Retrieved on: 
Tuesday, March 14, 2023

AMECO is an equipment rental business that manages a fleet of approximately 1,000 specialty assets that are used by mining sector clients.

Key Points: 
  • AMECO is an equipment rental business that manages a fleet of approximately 1,000 specialty assets that are used by mining sector clients.
  • The client relationships developed by AMECO over its 29-year history represent an unassailable platform from which STRACON can significantly expand its presence in Chile.
  • “I want to welcome to STRACON the 1,365 people that have all worked tirelessly to establish AMECO as a trusted service provider to the mining sectors of both Peru and Chile,” said Steve Dixon, CEO, STRACON Group.
  • The Acquisition will not only strengthen our ability to bid on major projects in the region, but also further diversify our revenue streams.

Members of the International Copper Association Pledge to Tackle Carbon Emissions to Achieve Net Zero by 2050

Retrieved on: 
Tuesday, March 7, 2023

BRUSSELS, March 7, 2023 /PRNewswire/ -- In a new roadmap launched today by the International Copper Association (ICA), members have aligned on an ambition to reach net zero in Scope 1 and Scope 2 emissions by 2050, and work toward the same goal for Scope 3 emissions.

Key Points: 
  • Members of the copper industry's leading trade association have set out ambitious plans to reach net zero in Scope 1 and 2 emissions by 2050, and significantly cut Scope 3 emissions.
  • BRUSSELS, March 7, 2023 /PRNewswire/ -- In a new roadmap launched today by the International Copper Association (ICA), members have aligned on an ambition to reach net zero in Scope 1 and Scope 2 emissions by 2050, and work toward the same goal for Scope 3 emissions.
  • Regarding Scope 3 emissions, members will work with value chain partners to reduce emissions 10 percent by 2030, 30-40 percent by 2040, and 60-70 percent by 2050.
  • The new roadmap, agreed to by International Copper Association members, clearly demonstrates the industry's collective ambition to go net zero by 2050, in a manner that transparently incorporates the global mining industry's best practices."

Members of the International Copper Association Pledge to Tackle Carbon Emissions to Achieve Net Zero by 2050

Retrieved on: 
Tuesday, March 7, 2023

BRUSSELS, March 7, 2023 /PRNewswire/ -- In a new roadmap launched today by the International Copper Association (ICA), members have aligned on an ambition to reach net zero in Scope 1 and Scope 2 emissions by 2050, and work toward the same goal for Scope 3 emissions.

Key Points: 
  • Members of the copper industry's leading trade association have set out ambitious plans to reach net zero in Scope 1 and 2 emissions by 2050, and significantly cut Scope 3 emissions.
  • BRUSSELS, March 7, 2023 /PRNewswire/ -- In a new roadmap launched today by the International Copper Association (ICA), members have aligned on an ambition to reach net zero in Scope 1 and Scope 2 emissions by 2050, and work toward the same goal for Scope 3 emissions.
  • Regarding Scope 3 emissions, members will work with value chain partners to reduce emissions 10 percent by 2030, 30-40 percent by 2040, and 60-70 percent by 2050.
  • The new roadmap, agreed to by International Copper Association members, clearly demonstrates the industry's collective ambition to go net zero by 2050, in a manner that transparently incorporates the global mining industry's best practices."