BHP Advances Resolution Copper Mine to Boost US Supply Amid Opposition
BHP Advances Resolution Copper Mine to Boost US Supply Amid Opposition

BHP Advances Resolution Copper Mine to Boost US Supply Amid Opposition

News summary

Several mining companies are advancing significant projects in copper and gold, highlighting the sector's growing importance for both domestic and international markets. FireFly Metals is scaling up its Green Bay operation in Newfoundland, supported by strong resources and infrastructure, aiming to boost production and exploration potential. MetalsTech Limited is progressing its Pre-Feasibility Study for the Sturec Gold Project in Slovakia, focusing on metallurgical testing and ore sorting technology to improve recoveries and environmental impact. Copperhead Resources has entered an option agreement to acquire the Twilite Gold Project in Central Newfoundland, adding an advanced exploration asset with promising historical drill results and strategic proximity to major gold discoveries. Meanwhile, BHP remains optimistic about the Resolution copper mine in Arizona, a joint venture with Rio Tinto that could supply about 25% of U.S. copper demand, though it faces regulatory challenges and opposition from indigenous groups concerned about sacred land. These developments underscore the strategic significance of copper and gold mining amid rising demand for critical minerals in energy, technology, and defense sectors.

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