Ore Daily

Metals & mining headlines

Wed, Oct 28Tue Oct 27 5:30 AM ET – Wed Oct 28 5:45 AM ET
Ore PleaseDaily drill hits ›
Ore Daily BriefCapstone builds copper at half Agua Rica's cost. Chile now imports half its acid.Santo Domingo costs about $21,800 per annual tonne, and Capstone's named projects get its Chile output to 1.8 times, not double. Also: Agnico, Kinross and First Quantum report after the close, around a Fed decision at 2:00 PM ET.
$21.8kSanto Domingo capex per annual tonne CuAgua Rica: $42.5k
50.3%Chile's sulphuric acid imported, 20253.97 Mt vs 3.92 Mt made at home
810 kozAgnico's quarterly need in H2Low-end guide; Q2 was 856 koz

Today

  • 9:45 AM ET — Bank of Canada decision and October Monetary Policy Report. Scheduled with the rate at 2.25% after the Sept 2 hold. That is 1.5 points under the Fed's 3.75% floor.
  • 2:00 PM ET — Fed decision; Warsh press conference 2:30 PM. FedWatch prices a 92.8% chance of a hold at 3.75–4.00% and 84.4% for a December hike. Gold goes in at $4,045, 11% under its 2026 average.
  • After the close — Agnico Eagle Q3; call Thu 11:00 AM ET. Guidance near the low end of 3.3–3.5 Moz needs about 810 koz a quarter in H2, 5% below Q2's 855,816 oz. Q2 AISC of $1,459 leaves about $2,590/oz at today's spot.
  • After the close — Kinross Q3; call Thu 8:00 AM ET. The 2.0 Moz (±5%) midpoint needs about 508 koz a quarter in H2, 3% above Q2's 492 koz attributable. H1 AISC of $1,777 sat above the $1,730 midpoint.
  • After the TSX close — First Quantum Q3; call Thu 9:00 AM ET. The low end of 405–475 kt needs 104 kt a quarter in H2, 3.5% above Q2's 100.5 kt; the midpoint needs 122 kt. Cobre Panamá is only 30–40 kt of the guide.

Copper

  • Capstone builds at half Agua Rica's price. Santo Domingo's $2.3bn for 106 kt a year in its first seven years is about $21,800 per annual tonne, against Agua Rica's $42,500. Mantoverde Optimizado, at $176M for ~20 kt, is $8,800.
  • What "double" needs. Capstone's two Chile mines made 157 kt in 2025. Santo Domingo's early rate plus the two Mantoverde projects (~20 kt and 3.5 kt) add about 130 kt on a 100% basis, reaching about 287 kt, or 1.8 times. A full double needs about 27 kt more than the named projects show.
  • Half the acid is now foreign. Chile imported 3.97 Mt of sulphuric acid in 2025 against 3.92 Mt made at home, a 50.3% import share. Spot acid at $500/t in late April was 2.6 times February's $190.
Capital cost per tonne of annual copper output, Ore Daily calculation on a 100% basis. Mantoverde Optimizado $8.8k ($176M for about 20 kt). Cuajone expansion $12.4k. Mantoverde pyrite project $12.9k ($45M for 3.5 kt). Santo Domingo $21.8k on its first-seven-year rate of 106 kt and $34.0k on its 68 kt life-of-mine average ($2.31bn capex). Agua Rica $42.5k ($6.39bn for about 150 kt). Capstone's projects are highlighted.Capital cost per tonne of annual copper output, Ore Daily calculation on a 100% basis. Mantoverde Optimizado $8.8k ($176M for about 20 kt). Cuajone expansion $12.4k. Mantoverde pyrite project $12.9k ($45M for 3.5 kt). Santo Domingo $21.8k on its first-seven-year rate of 106 kt and $34.0k on its 68 kt life-of-mine average ($2.31bn capex). Agua Rica $42.5k ($6.39bn for about 150 kt). Capstone's projects are highlighted.

Precious

  • Silver and palladium carry the deeper discount. Gold at $4,045 is 11% below its 2026 average of $4,553. Silver at $54.06 is 26% below its $73.38, and palladium at $1,030.80 is 30% below $1,477.

Critical minerals

  • Boss guides a slower, costlier rest of year. 1.25–1.30 Mlb for FY27 leaves 297–314 klb a quarter after Q1's 359 klb, 13–17% less. Q1 AISC of A$79/lb sits below the full-year A$83–92 guide.
  • Iluka's spend runs ahead of the build. A$1,237M is 69–73% of the A$1.7–1.8bn Eneabba budget, with the refinery 65% built. The quarter added A$136M and about 5 points of progress from A$1,101M and ~60% at June 30.
  • PLS made more than it sold. Record output of 267.6 kt against 223.6 kt sold leaves 44 kt, or 16% of the quarter's output, unsold.

Policy and trade

  • Tungsten is a China market. China mined 67 kt of 85 kt in 2025, 79% of world supply (USGS). Vietnam, second, mined 3 kt, about 3.5%.
  • So is most antimony. China and Russia mined 72 kt of 110 kt in 2025, about 65% of world supply (USGS).

Bulk

Next

  • Thu Oct 29, before the open — Teck Q3; call 11:00 AM ET. First numbers with Highland Valley on strike. Teck's 22.5% of Antamina was about 317 t of copper a day at this year's pace.
  • Thu Oct 29 — Glencore Q3 production. Scheduled; H1 own-sourced copper was 397 kt, up 15%. Glencore owns 33.75% of Antamina.
  • Thu Oct 29, after the close — Vale 3Q26; call Fri 10:00 AM ET. Its first quarter with iron ore at a two-year low.

Sources: Ore Daily digest, Oct 28 · USGS MCS 2026 via Ore Daily data pages

Ore Daily analysis of public data. Figures are as reported by the sources.

Top 5

1
Antamina halts operations after a worker dies at YanacanchaPerspective
The company ordered a precautionary safety stoppage on Oct 27 and opened an investigation. A source close to the company says there is no restart timetable. Antamina produced ~390,000t of copper in 2025 (down ~9% after an earlier fatality) and had recovered to 342,100t in Jan–Aug (+48.7% y/y). Owners are BHP and Glencore (33.75% each), Teck (22.5%) and Mitsubishi (10%). The halt hits one of the biggest concentrate sources in an already tight concentrate market. Peru / copper, zinc
MINING.COM (Reuters)SMMGestión
Ore Daily PerspectiveAntamina's halt idles about 1.4 kt of copper a day

Antamina's copper output was up nearly half this year before Tuesday's stoppage. The mine supplied almost a fifth of Peru's copper in January to August. Output elsewhere in Peru fell.

1.41 ktAntamina copper per day, Jan–Aug 2026342,104 t in 243 days
$20MContained copper per day of outputAt LME $14,421.50/t, Oct 27
18.7%Share of Peru's mined copper, Jan–Aug342.1 kt of 1,829.8 kt

What a day is worth

Antamina produced 342,104 t of copper from January to August, Peru's energy and mines ministry (MINEM) says. That is up 48.7% from a year earlier. It works out to about 1.41 kt a day, or 9.9 kt a week, by Ore Daily's calculation. At Tuesday's LME three-month price of $14,421.50/t, reported by Reuters, a day of that output holds about $20M of contained copper.

Teck's unchanged 2026 guidance implies a slower second half. Its 95–105 kt for a 22.5% share equals 422–467 kt for the whole mine. After Teck's reported 244.1 kt in the first half, on a 100% basis, that leaves 178–223 kt for July to December, by Ore Daily's calculation. That is 0.97–1.21 kt a day, against 1.35 kt a day in the first half.

Antamina monthly copper output from January 2024 to August 2026, from Peru's energy and mines ministry. Output fell to 20.7 thousand tonnes in April 2025, the month of an earlier fatal accident, and averaged 42.8 thousand tonnes a month from January to August 2026.Antamina monthly copper output from January 2024 to August 2026, from Peru's energy and mines ministry. Output fell to 20.7 thousand tonnes in April 2025, the month of an earlier fatal accident, and averaged 42.8 thousand tonnes a month from January to August 2026.

One mine carried Peru's growth

Antamina supplied 18.7% of Peru's mined copper in January to August, by Ore Daily's calculation from MINEM data. National output rose 1.2% to 1,829.8 kt. Without Antamina, Peru's output fell 5.7%, to 1,487.7 kt from 1,577.6 kt.

The mine's 2025 copper output fell 9% to 395,121 t, MINEM data show. Reuters linked that drop to an earlier fatal accident, while Teck cited less copper-only ore. In April 2025 a manager was killed at the site, and the mine began restarting two days later, Reuters reported. Teck said its Q2 2025 figures included an extended shutdown after the fatality. Antamina's 2025 tonnage equals about 1.7% of world mine output of 23.0 Mt, based on USGS estimates.

Ore mix also matters. Copper-only ore made up 67% of mill feed in Q2, up from 23% a year earlier, Teck said. Zinc output fell to 54.0 kt in Q2 from 142.0 kt.

The halt lands in a tight market for concentrate. Sucden Financial said on Tuesday that constrained concentrate supply is supporting prices. ING's Ewa Manthey said tight supply should keep a floor under copper.

What to watch

There is no restart date. A source close to the company told Reuters there is no timetable while the investigation runs.

Teck reports Q3 results and Glencore its Q3 production on Thursday, Oct. 29. Teck's figures will show whether its unchanged 2026 Antamina range still holds. MINEM's September bulletin will show the mine's pace in the month before the halt.

Sources: Reuters via MINING.COM, Oct 27 · GBM Media (Reuters), Oct 27 · MINEM Boletín Estadístico Minero · Teck Q2 2026 · Teck 2025 MD&A · Reuters via Investing.com, Apr 2025 · Reuters via Business Recorder, Oct 27 · USGS MCS 2026

Ore Daily analysis of public data. Figures are as reported by the sources.

2
Capstone commits more than US$3bn in Chile over four years to double its copper output there by 2031
At least US$2.3bn goes to Santo Domingo (106,000t/yr Cu in its first seven years; 19-year life), plus US$220M for two Mantoverde growth projects, US$165M for mine development, US$150M sustaining and US$70M exploration. Mantoverde Optimizado lifts throughput to 45,000tpd from 32,000tpd and extends life to 25 years from 19. The pyrite project adds 3,500t/yr of cathode from early 2028. Orion is taking 25% of Santo Domingo; district cobalt potential is 4,500–6,000t/yr. President Kast called it "a sign of confidence in Chile" (our translation). Chile / copper, cobalt
Reporte MineroMINING.COM
Capstone builds at half Agua Rica's price. Santo Domingo's $2.3bn for 106 kt a year in its first seven years is about $21,800 per annual tonne, against Agua Rica's $42,500. Mantoverde Optimizado, at $176M for ~20 kt, is $8,800. Over its 19-year life Santo Domingo averages 68 kt a year, which lifts the cost to about $34,000 per annual tonne. Its by-product C1 of $0.28/lb in years 1–7 is about 4% of copper's $6.54/lb at LME's $14,421.50/t, carried by magnetite credits.
3
Chile now imports half its sulphuric acid, the highest dependence in 24 years (Cochilco analysis)
Domestic acid output fell 17.2% in 2025 to 3.92Mt, the lowest since 2002; imports were 3.97Mt. Smelters run at ~60% of capacity. Northern Chile spot acid rose from US$190/t in late February to US$500/t in late April. Cochilco sees copper-mining demand of 7.31Mt in 2026 and 7.94Mt in 2027, with a 2027 deficit above 4.0Mt if output stays at 2025 levels. This is an under-reported cost squeeze on SX-EW cathode output, made worse by China's acid export limits. Chile / copper
Reporte Minero
Half the acid is now foreign. Chile imported 3.97 Mt of sulphuric acid in 2025 against 3.92 Mt made at home, a 50.3% import share. Spot acid at $500/t in late April was 2.6 times February's $190. Cochilco's 7.94 Mt of 2027 copper-mining demand is 2.0 times Chile's 2025 acid output. That is where the 4 Mt-plus deficit comes from if domestic output stays flat.
4
Malaysia grants its first raw rare-earth export permit under the eased rules, to a US-majority startup
DTEC may ship up to 700t of rare-earth carbonate from Perak to the US for research; a first ~30t cargo was due this weekend. US EXIM has signalled support for up to $650M of financing for a planned DTEC refinery in Malaysia. The 2024 raw-export ban is now cracking open, toward the US, not just China. Malaysia, US / rare earths
MINING.COM (Reuters)Digitimes (Bloomberg)
5
Australia conditionally backs Astron/Energy Fuels' Donald rare-earths project with A$180M
The package is A$70M from EFA plus A$110M from the National Reconstruction Fund, within a proposed A$200M, 10-year debt facility. Phase 1 targets ~9,000tpa of rare-earth concentrate and 225,000tpa of HMC; FID is targeted by end-2026. EFA also conditionally approved a US$41.4M tantalum loan to Global Advanced Metals. Energy Fuels (earning 49%) rose ~9%. Canberra says it has announced more than A$6bn in critical-minerals support since the October 2025 US framework. Australia / rare earths, tantalum
Northern MinerABC

Government & regulatory6

US Army awards Perpetua a $40M cost-share to study tungsten concentrate at Stibnite
The 36-month DOTC award is matched by Perpetua; the first 18-month phase costs ~$18M. It targets tungsten beneath the Hangar Flats pit (a 550kg sample graded 9.2% Sb, 4.2% W). The US has had no commercial tungsten mining since 2015. Perpetua's US critical-minerals awards now total $126M since 2022. Shares rose 9%+. US / tungsten, antimony
MINING.COM
Tungsten is a China market. China mined 67 kt of 85 kt in 2025, 79% of world supply (USGS). Vietnam, second, mined 3 kt, about 3.5%.
Alaska issues final permits for Nova Minerals' antimony project
DNR approved the plan of operations and reclamation plan for Styx/Stibium mining, the Whiskey Bravo concentration site and Port MacKenzie refining, for an initial three-year term. Production is targeted for 2027, and Phase 1 is funded by a $43.4M Department of War award. US / antimony
StockTitan (GlobeNewswire)
Peru's government rules out another Reinfo extension
Minister Guillermo Shinno told Congress's energy and mines committee the registry "protects illegal mining" (our translation) and asked lawmakers to fast-track the Ley MAPE (small-scale mining law). About 30,000 miners still need to formalise, and he wants the Reinfo cut off from Jan 1. Separately, the IIMP warned that Congress could stall the MAPE law to force another extension. Informal miners have staged protests and blockades in Lima against ending the extensions. Peru / gold, copper
InfobaeReporte Minero
Philippines rules out a nickel ore export ban against China
in retaliation for Beijing's reported economic sanctions over maritime tensions, Malacañang said. Philippines / nickel
Manila Times
DRC suspends the head of SAEMAPE, its artisanal-mining agency
Mines Minister Louis Watum Kabamba suspended DG Jean-Paul Kadiobo Kapongo for failing to stop illegal artisanal mining on industrial concessions in Lualaba and Haut-Katanga. The decree is dated Oct 21; Reuters reported it Oct 27. The Musompo trading centre in Kolwezi has reopened (designed for 250 trucks/day, not yet at capacity). This is part of the copper-cobalt belt crackdown. DRC / copper, cobalt
CNBC Africa (Reuters)SMM
Oman offers three new mining concession areas totalling 2,062 km²
, with potential for manganese, nickel laterite, copper, chromite and gold; they were pitched at IMARC. Oman
The National

Chart of the day

China mined 79% of the world's tungsten in 2025; the US mined none: tungsten mine production for China, the world and the United States, 2025 estimatesChina mined 79% of the world's tungsten in 2025; the US mined none: tungsten mine production for China, the world and the United States, 2025 estimates
China mined an estimated 67,000 t of tungsten in 2025 out of a world total of about 85,000 t; the US has not mined tungsten commercially since 2015 and relied on imports for more than half its consumption. The backdrop to the US Army's $40M cost-share for Perpetua to study tungsten at Stibnite.USGS MCS 2026

Production & trade data1

Chile copper output at risk averages 5.2% at the largest mines (GEM Mining Consulting)
This is the first Production-at-Risk Index, covering 14 operations and eight threats: El Teniente 9%, Los Pelambres 8%, Escondida 7.5%. Chile / copper
MINING.COM
Copper output · Aug 2026Chile lowest since 2014
Chile366 kt▼ 12.7% y/y · YTD ▼ 7.7%416513
Peru231 kt▼ 5.0% y/y · YTD ▲ 1.2%207247
Bar: normal Aug range (Chile 2014–2025, Peru 2017–2025, excl. 2020) · tick: averageData ›

Companies & deals10

Codelco Ministro Hales blocked for ~6 hours Monday
Workers barricaded the entrances over bonuses lost after a December 2025 haul-truck fire that idled 13 trucks. The union warns protests could spread to Chuquicamata, Radomiro Tomic and Gabriela Mistral. Chile / copper
MINING.COM
PLS Sept qtr: record 267.6kt of spodumene (+25% q/q); sales 223.6kt (-11%)
Realised US$1,809/t (-14% q/q); revenue A$563M; unit cost A$539/t FOB (-12%); net cash A$1.28bn. PLS signed a 20-year PPA with FMG Clean Energy, cutting FOB cost by A$15–20/t. Shares rose ~7%. Australia / lithium
Rask MediaReuters (TradingView)
PLS made more than it sold. Record output of 267.6 kt against 223.6 kt sold leaves 44 kt, or 16% of the quarter's output, unsold. The Fortescue power deal's A$15–20/t saving equals 2.8–3.7% of the quarter's A$539/t FOB unit cost.
Iluka Sept qtr: Eneabba rare-earths refinery 65% built, A$1,237M spent
(budget A$1.7–1.8bn). Mineral sands revenue was $219M (-6.9%); zircon realised US$1,685/t; net debt $249M. Shares closed +8.2%. Australia / rare earths, mineral sands
Motley Fool
Iluka's spend runs ahead of the build. A$1,237M is 69–73% of the A$1.7–1.8bn Eneabba budget, with the refinery 65% built. The quarter added A$136M and about 5 points of progress from A$1,101M and ~60% at June 30. That leaves A$463–563M to spend. At the September quarter's rate it would take 3.4–4.1 more quarters, against the late-2026 or early-2027 readiness Iluka flagged in July.
Boss Energy Q1 FY27: 359,000lb U3O8 drummed, 301,000lb sold at A$117/lb
AISC was A$79/lb (+13.3%). Alta Mesa produced only 10,000lb (100% basis). FY27 guidance of 1.25–1.30Mlb at AISC A$83–92/lb is kept. Shares rose ~9%. Australia, US / uranium
Investing.com
Boss guides a slower, costlier rest of year. 1.25–1.30 Mlb for FY27 leaves 297–314 klb a quarter after Q1's 359 klb, 13–17% less. Q1 AISC of A$79/lb sits below the full-year A$83–92 guide. Q1's margin was A$38/lb, 32% of the A$117 realised price. Against FY26's 1,407 klb at A$61/lb AISC, the FY27 guide is 8–11% less uranium at 36–51% higher AISC.
Rio Tinto proposes a 56% rise in CEO Simon Trott's target pay to £9.8M (Reuters exclusive)
Maximum pay would rise 63% to £18.3M; the STI cap goes to 300% of salary and the LTI target to 900%. Rio has added Chevron, ExxonMobil and GE Aerospace to its pay peer group. Shareholders vote at the 2027 AGM. Global
Investing.com (Reuters)
China Gold International restarts the CSH open pit
after a five-month halt for slope instability (since May 22). 2026 CSH guidance of 70,732–83,592oz is kept. China / gold
MINING.COM
West Red Lake cuts 2026 Madsen guidance to 27,000–32,000oz
(from 35,000–45,000oz) on labour shortages; Q3 was 7,859oz at 3.8g/t. Canada / gold
GlobeNewswire
UpdateCritical Metals' takeover of European Lithium is now effective
(court approval Oct 26). Implementation is Nov 5, with new CRML shares on Nasdaq expected Nov 6. Austria / lithium
GlobeNewswire
Minsur proposes a US$22M plan to recover tin from mine waste
in Peru, plus 136 exploration holes (single-sourced, paywalled summary). Peru / tin
BNamericas
Ecuador: Noboa's price for expanding the Chinese-owned Mirador copper mine
is US$1bn or a hydro investment, after the owner never built the Santa Cruz plant pledged in 2012 (paywalled summary). Ecuador / copper
BNamericas
Quote of the day
Safety is at a standstill, and the workers are not receiving their bonuses as they should.
— Alberto Muñoz, legislative director, Federation of Copper Workers (Chile), on the Ministro Hales blockade · MINING.COM, Oct 27

Markets4

Gold/silver
Spot gold rose 1% to $4,055.14 Tuesday (low $3,987.14); Dec futures settled at $4,074.60. Silver $54.20 (+0.5%) after its lowest in almost a year. Platinum $1,530.75 is the lowest since late Nov 2025; palladium $1,027.67 (-2.1%) is the lowest since June 2025. In Asia Wednesday: gold $4,045.29, silver $54.06. The Fed is expected to hold today; traders price ~84% odds of a December hike.
MarketScreener (Reuters)The Edge (Reuters)
Silver and palladium carry the deeper discount. Gold at $4,045 is 11% below its 2026 average of $4,553. Silver at $54.06 is 26% below its $73.38, and palladium at $1,030.80 is 30% below $1,477. The gold/silver ratio is 74.8. Platinum at $1,533.64 is 21% below its 2026 average of $1,949, and an ounce of gold now buys 3.9 ounces of palladium.
Iron ore at a two-year low
Singapore futures fell as much as 1.4% to $89.25/t, the lowest since Sept 2024; Dalian also touched a two-year low. Q4 shipments from the big four could rise by up to 18Mt.
Miningmx (Bloomberg)
Iron ore's two-year low in context. Singapore's $89.25/t is 15% under the 2026 average to date of $105 and 14% under 2025's $104. The big four's possible extra 18 Mt in Q4 equals about 2.8% of a quarter's world mine output, on USGS's 2,600 Mt for 2025.
Copper miners rallied Tuesday on China's profit data
Southern Copper +4.53% to $194.43, BHP +4.4%, COPX +3.9%, FCX +1.21%.
Rio Times
China lithium carbonate up a second day
battery-grade averaged 99,350 yuan/t (+1,050); GFEX LC2701 closed at 98,500. SMM attributes the move to short covering. PrNd oxide was flat with orders "scarce."
SMM LiSMM RE

From X & analysts4

Gold 2026 forecast cut again, to $4,495Reuters quarterly poll (30 analysts)
This is the second straight cut (from $4,509); the 2027 median rose to $4,650 (from $4,610). Silver is forecast at $70.30 for 2026 and $66.75 for 2027, versus ~$53–54 spot. In the poll, StoneX's Rhona O'Connell says silver "is likely to underperform gold."
Yahoo (Reuters), Oct 27
Oil-driven inflation keeps the Fed cautious, a headwind for goldSoni Kumari, ANZ
Gold is trading on rate expectations and on energy-price inflation risk after an attack on a Saudi refinery lifted oil.
The Edge (Reuters), Oct 28
Treat higher costs as a "mineral security premium"International Energy Agency (X, Oct 28)
The IEA argues new non-incumbent critical-minerals projects need this framing to mobilise investment and support for diversification.
X
Only 125 of 733 Indian mineral blocks are operationalAnubhuti Vishnoi, Economic Times (X, Oct 27)
She cites central assessments: award-to-production mostly exceeds 7 years, with "extreme" dependence in critical-mineral supply chains (unverified; underlying assessment not seen).
X

Drill hits5

14.37m @ 1.1% CuEq (0.50% Cu, 0.81 g/t Au) Algo Grande Copper (TSXV: ALGR), Adelita, Sonora
New Margarita skarn discovery (drill), hole AG-CG-PH2-003 from 624.47m, including 1.01m at 6.0% CuEq. The same hole cut 87.98m at 1.6% CuEq from 196.35m at Cerro Grande. True widths are not determined, and the CuEq figures are illustrative. Mexico / copper-gold
StockTitan
637m @ 0.37% CuEq Copper Giant Resources (TSXV: CGNT), Mocoa, Putumayo
184m step-out west of historic drilling (drill), hole MD-076 from 145m, including 210m at 0.50% CuEq. It is outside the Oct 14 resource. Colombia / copper-moly
Newswire.ca
21.75m @ 2.73 g/t Au White Gold Corp (TSXV: WGO), VG deposit, Yukon
Down-plunge extension (drill), hole QV26-025 from 259.25m, including 8.80m at 4.18g/t. It extends high-grade ~120m beyond the deepest modelled intercept; 44 of 53 holes are pending. Gold
StockTitan
70.9m @ 0.62% CuEq C3 Metals (TSXV: CCCM), Khaleesi, Cusco
~100m step-out east (drill), hole KHZ5960-004 from 376.60m; the same hole cut 101.9m at 0.38% CuEq from 28.4m. Mineralisation is now traced ~200m east. True width is not determined. Peru / copper
StockTitan
0.32m @ 15.95 g/t Au Golden Cross Resources (TSXV: AUX), Aurora East, Victoria
First holes into a new vein system ~200m NE of the main shear (drill), hole AUD010 from 133.12m, with visible gold; AUD011 cut 3.3m at 1.39g/t. Widths are narrow and downhole. Australia / gold
StockTitan
More exploration results on Ore PleaseDrill results ranked by g·m, every weekday›

Ongoing, no change1

Section 232 copper tariff still undecided; Indonesian nickel cuts still unconfirmed; no MOFCOM notice on the rare-earth control suspension (some reports say the truce, and with it the suspension, now runs to Jan 10, 2027; not confirmed by MOFCOM). Teck Highland Valley strike continues at reduced capacity. Codelco EGM is Nov 5.

Coming up, next 7 days5

Wed Oct 28
Fed decision 2:00 PM ET, Warsh presser 2:30 PM ET; Agnico Eagle and Kinross Q3 after the close; First Quantum Q3; Jiangxi Copper 9M results; Brazil PlanGeo consultation closes.
Thu Oct 29
US Q3 GDP/PCE 8:30 AM ET; Teck Q3; Glencore Q3 production; Vale Q3; Lynas quarterly; Implats; EIB–Canada meeting in Montreal (to Oct 30).
Fri Oct 30
Cameco Q3; USTR Section 301 shipbuilding comments due; Chile INE output data.
Tue Nov 3
US midterms.
Thu Nov 5
Codelco EGM; Critical Metals/European Lithium implementation; IAMGOLD Q3.

Disclaimer: This content uses AI to aggregate news from public sources. Summaries may contain errors and figures are as reported by the original source. Check the linked source before relying on any item. Not investment advice.

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