Daily Mining Industry Report: April 02, 2025

Daily ining Industry Report: April 2, 2025

Canadian Developments

• Radisson Mining Expands High-Grade Gold Mineralization at O’Brien Project

  Radisson Mining Resources reported drill assay results from three new drill holes at its O’Brien gold project in Quebec, revealing expanded high-grade gold mineralization beneath the historic O’Brien mine. A second drill rig has been added to accelerate the exploration program. ​Canadian Mining Journal

• Orla Mining Initiates $25M Exploration Drilling at Musselwhite Mine

  Orla Mining announced the commencement of a $25 million exploration drilling program at its recently acquired Musselwhite mine in northwestern Ontario. The initiative aims to expand reserves and resources, enhancing the mine's production profile. ​Canadian Mining Journal

• Canadian Companies Recognized for Advancing Women in Mining

  The Artemis Project acknowledged three Canadian mining companies for their efforts in promoting gender equality within the industry. This recognition highlights the ongoing commitment to diversity and inclusion in Canada's mining sector. ​Canadian Mining Journal

Global Developments

• Codelco Strikes Copper Deal with Adani Amid Tariff Threat

  Chilean copper giant Codelco has agreed to supply copper to Adani's Kutch smelter—the world's largest—starting this year. This deal comes amid concerns over potential tariffs and aims to secure a stable supply chain for both parties. ​MINING.COM+1MINING.COM+1

• Glencore's Mount Isa Copper Jobs at Risk

  Glencore's Mount Isa copper smelter and refinery in Queensland, Australia, employing approximately 550 people, faces potential closure due to low treatment and refining charges coupled with high power costs. The shutdown could impact regional mining operations and associated industries. ​theaustralian

• Tariffs Disrupt Bitcoin Mining Supply Chain Rooted in Asia

  Recent tariffs imposed by the U.S. administration have disrupted the Bitcoin mining supply chain, particularly affecting equipment shipments from Asia. Industry stakeholders are seeking solutions to mitigate these challenges and maintain operations. ​BNN

Market Trends

• Mining Stocks to Watch Amid Market Correction

  Investor's Business Daily highlighted several mining stocks demonstrating resilience during the current market correction. Companies like Wheaton Precious Metals, Agnico-Eagle Mines, and Barrick Gold are noted for reaching new highs or forming solid bases, indicating potential investment opportunities. ​Investor's Business Daily

• Endeavour Mining Underperforms Amid Market Fluctuations

  Endeavour Mining PLC experienced a 1.51% decline in its stock price, closing at £18.26. This performance underperformed the broader market, reflecting sector-specific challenges and investor sentiment. ​MarketWatch

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The information in our daily posts is intended solely for general informational purposes. We do not guarantee the accuracy, completeness, or reliability of any content provided, and we are not responsible for any errors, omissions, or outcomes resulting from using this information. Readers are advised to verify facts independently and consult appropriate professionals or official sources before making any decisions or taking action based on these reports—all responsibility lies with the reader.