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Hudbay Minerals Inc.
Hudbay Minerals Inc.
HBM
Arizona

Hudbay Minerals and Mitsubishi Approve Copper World Project Construction; Advancing Next Major U.S. Copper Mine Towards First Production in 2029

Hudbay Minerals and Mitsubishi Corporation have approved the final investment decision for the Copper World project in Arizona, targeting first copper production in the second half of 2029. A Definitive Feasibility Study (DFS) outlines robust economics, including an after-tax NPV (8%) of $1.2 billion and an IRR of 17% for the Base Case, with an Extension Case showing an NPV of $2.5 billion and an IRR of 19%. The project is expected to significantly increase Hudbay's annual copper production and is supported by a strategic funding plan and updated mineral reserve and resource estimates.

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Albion Resources Limited
Albion Resources Limited
ALB
Western Australia

ALB: Albion Expands Gidgee Exploration Footprint

Albion Resources has exercised an option to acquire four additional exploration licences covering approximately 27km² adjacent to its Gidgee Gold Project in Western Australia. The new tenure provides strategic exposure to the Tokey West Shear and positions the company between known gold deposits and copper-zinc VMS prospects.

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Hudbay Minerals Inc.
Hudbay Minerals Inc.
HBM
Arizona

Hudbay, Mitsubishi approve Copper World construction

Hudbay Minerals and Mitsubishi Corp have formally approved the final investment decision to construct the Copper World Project in Arizona following a successful Definitive Feasibility Study. The project is expected to be one of the largest open-pit copper mines in the U.S., with first production targeted for the second half of 2029.

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Hudbay Minerals
Hudbay Minerals
HBM
Copper
Arizona

Hudbay, Mitsubishi approve Copper World construction

Hudbay Minerals and Mitsubishi have approved the $2.1 billion Copper World project in Arizona following a definitive feasibility study. While construction costs have risen by 59% compared to 2023 estimates, the project is expected to begin production in late 2029 and significantly boost Hudbay's copper output.

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Hudbay Minerals
Hudbay Minerals
HBM
Copper
Arizona

Hudbay, Mitsubishi OK $2.1B Copper World project

Hudbay Minerals and Mitsubishi have approved the $2.1 billion Copper World project in Arizona following a definitive feasibility study. While construction costs have risen by 59% since the 2023 prefeasibility study, the project is expected to begin production in late 2029 and significantly boost Hudbay's copper output.

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Hudbay Minerals Inc.
Hudbay Minerals Inc.
HBM
Arizona

Hudbay and Mitsubishi Approve Copper World Project Construction; Advancing Next Major U.S. Copper Mine Towards First Production in 2029

Hudbay and Mitsubishi have approved the construction of the Copper World project in Arizona, based on a Definitive Feasibility Study (DFS). The project, a 70/30 joint venture, targets first copper production in the second half of 2029. The DFS outlines robust economics, including a Base Case after-tax NPV(8%) of $1.2 billion and an IRR of 16.8%, with an Extension Case showing an NPV(8%) of $2.5 billion and an IRR of 18.8% at a long-term copper price of $5.00/lb. The project is expected to double Hudbay's annual copper production, with initial capital of $2.07 billion prudently funded through a combination of Mitsubishi's equity investment, a precious metals stream with Wheaton, and anticipated project-level debt.

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Albion Resources Limited
Albion Resources Limited
ALB
Gold
Western Australia

ALB: $1.8 million Placement to Accelerate Gidgee Gold Exploration

Albion Resources Limited has secured $1.8 million in a placement to accelerate exploration at the Gidgee Gold Project. The funds will support expanded aircore and RC drilling, as well as the exercise of a strategic option for additional tenure.

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Albion Resources
Albion Resources
ALB
Gold
WA's East Murchison region
Drill Results

Albion’s high-grade hit points to more Gum Creek gold

Albion Resources has reported high-grade gold assays from its Gidgee project in Western Australia. The first results from hole ABAC008 include a 7m intercept at 3.6 g/t gold, highlighting potential along the German Well South trend.

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ValOre Metals
ValOre Metals
VAL
Unknown

US Hybrid Growth Sustains Platinum, Palladium Demand as Europe Electrifies

The article analyzes how US hybrid vehicle growth sustains demand for platinum and palladium catalysts, contrasting this with rising BEV adoption in Europe. It notes that ValOre Metals is advancing toward a Preliminary Economic Assessment (PEA) for its Pedra Branca project in Q4 2026, building on a 2022 inferred resource.

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Albion Resources
Albion Resources
ALB
Gold
Western Australia

Gold’s strong run and exploration success put Gum Creek gold belt back on the map

Albion Resources has announced its first drill results from the Gidgee project, featuring a 7m intercept at 3.6 g/t gold including 3m at 6.7 g/t. The results from the Tokey West Shear are seen as a positive sign due to its structural connection to Horizon Gold's Snook prospect.

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