Global copper smelters are now paying mines for the privilege of buying their concentrate, with spot treatment charges collapsing to negative $70 per tonne by late March[1]. That is not a typo. The feed that keeps refineries running is so scarce that the traditional pricing relationship has flipped on its head, and executives at the Financial Times Commodities Global Summit confirmed in April that declining ore grades [...]
The global copper market just flipped from surplus to deficit, and the numbers are hard to ignore. The International Copper Study Group now forecasts a 150,000 metric ton shortfall for 2026, driven by mine disruptions and surging electrification demand that existing production simply cannot match. Making it worse: the pipeline of new projects that could fill the gap is shrinking, not growing. In Chile, the world's top [...]
Salazar Resources Ltd. is pleased to announce that it has consolidated 100% ownership of the Santiago Project , located approximately 37 km north of the city of Loja in Loja Province, southern Ecuador, and to provide a comprehensive update on the project's exploration history and forward strategy. Santiago hosts a compelling copper-gold porphyry target beneath a near-surface epithermal system. A broad program of [...]
Salazar Resources Ltd. has evaluated its wholly owned portfolio of properties throughout Ecuador, conducting baseline geological work to define appropriate development strategies for each project. The Company has identified the 100% owned Monja Project as a cornerstone asset on which the Company will focus its exploration programs, while continuing to advance and assess its remaining properties. The decision to focus on [...]
Salazar Resources Ltd. is pleased to announce the successful closing of its previously announced acquisition of Ecuadorian exploration assets from Silvercorp Metals Inc. , marking a significant step in consolidating the Company's copper-gold exploration portfolio in Ecuador. Salazar acquired from Silvercorp two of Silvercorp's subsidiaries, which subsidiaries hold interests in the Santiago, Pijilí & Tarqui-Quimi projects [...]
Salazar Resources Ltd. . Silvercorp Metals Inc. and the Company are in a joint venture for the development of the El Domo mine with Silvercorp holding a 75% interest and the Company a 25% carried interest. Silvercorp is operator of the Joint Venture and has been moving forward with construction of the El Domo mine. Silvercorp has recently provided an update to the Company on the budget and construction schedule for the [...]
Salazar Resources Ltd. is pleased to announce the closing of the non-brokered private placement financing announced on December 3, 2025. The Company raised gross proceeds of $1,430,498 by issuing a total of 11,003,830 common shares , at a price of $0.13 per Share. Finder's fees of $15,600 in cash and 120,000 finder's warrants were paid on a portion of the Financing. Each Finder's Warrant entitles the finder to purchase [...]
Salazar Resources Ltd. announces that the Company has arranged a non-brokered private placement financing of up to 11,000,000 shares at a price of $0.13 per share to raise up to $1,430,000. Certain insiders will participate in the financing. Finder's fees may be payable on a portion of the Financing. Net proceeds will be used to fund costs on the Company's resource properties plus working capital. All securities to be [...]
Salazar Resources Ltd. announces that at the annual general meeting of shareholders of the Company held on September 12th, 2025, the shareholders elected Fredy Salazar, Pablo Acosta, Nick DeMare, Merlin Marr-Johnson and Jennifer Wu as directors of the Company. The shareholders also passed all other resolutions including an ordinary resolution ratifying the Company's stock option plan, pursuant to which the Company may [...]
Salazar Resources Ltd. is pleased to announce that further to its news release of December 23rd, 2024, the Company and two subsidiaries of Silvercorp Metals Inc. have finalized and signed the definitive agreement pursuant to which the Company is to acquire certain exploration assets in Ecuador from the Silvercorp subsidiaries . The Company and Silvercorp are moving to close the Transaction. Under the terms of the [...]
Salazar Resources Ltd. comments on the new mining inspection fee being implemented by the Ecuadorian Control and Regulation Agency . The stated objective of this fee is to strengthen oversight and combat illegal mining activities. This fee is to be applied to all mining operations, except for artisanal mining, with the aim of generating funds to support enforcement efforts. As presented, the proposed fee would require the [...]
Salazar Resources Ltd. provides an update on El Domo Construction. Silvercorp Metals Inc. and the Company are in a joint venture for the development of the El Domo mine with Silvercorp holding a 75% interest and the Company a 25% carried interest. Silvercorp is operator of the Joint Venture and has been moving forward with construction of the El Domo mine. Silvercorp has recently provided an update to the Company on the [...]
+142,86 %
-97,62 %
