Copper miner Kaz Minerals on Thursday announced that it would spend between $50-million and $100-million less this year on its Aktogay expansion project, as Covid-19 restrictions in Kazakhstan and elsewhere are negatively impacting on supply chains.
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Kaz Minerals defers copper expansion spending as virus restrictions bite Read More »
Copper miner Kaz Minerals on Thursday announced that it would spend between $50-million and $100-million less this year on its Aktogay expansion project, as Covid-19 restrictions in Kazakhstan and elsewhere are negatively impacting on supply chains.
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Kaz Minerals lowers 2020 capex as virus restrictions bite Read More »
The "quick mitigation measures" that TSX-listed Capstone Mining implemented have positioned the copper miner to weather the current low price environment, without delaying its 2021 growth targets, president and CEO Darren Pylot said this week.
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Capstone says it can weather price slump without delaying 2021 growth targets Read More »
Base metals miner Taseko is sticking to its production plans for 2020 and will also continue with work on its US copper project, noting that the current mine shutdowns will only exacerbate the supply deficit in the coming years.
The company, which pro…
Copper miner Taseko sticking to its guns Read More »
TSX-listed Alderon Iron Ore has confirmed that Sprott Resource Lending would seize the Kami iron-ore project, in the Labrador Trough, after the junior miner failed to repay a $14-million loan that was due by the end of last month.
Alderon said it had …
Alderon loses its Kami iron-ore project Read More »
TSX-listed Alderon Iron Ore has confirmed that Sprott Resource Lending would seize the Kami iron-ore project, in the Labrador Trough, after the junior miner failed to repay a $14-million loan that was due by the end of last month.
Alderon said it had …
Alderon loses its Kami iron-ore project as it defaults on Sprott loan Read More »
Mexico precious metals miner Fresnillo said on Wednesday that its first-quarter production was in line with expectations, reporting silver output of 13.2-million ounces and gold production of 197 000 oz.
Silver production was flat on a year-on-year co…
Fresnillo first-quarter output in line with expectations Read More »
Lockdown measures to contain the spread of Covid-19 are impacting on a wide range of commodities, with silver production currently the most severely damaged by mine shutdowns.
Data and analytics company GlobalData reports that, as of April 27, the equ…
Silver production severely damaged by lockdown measures Read More »
Canadian miner Equinox Gold is advancing engineering and economic studies related to the Los Filos carbon-in-leach (CIL) plant and the Santa Luz restart, with the aim of making construction decisions for both projects later this year.
The new $115-mil…
Equinox still aims to make construction decisions for two projects this year Read More »
Canadian billionaire businessman Eric Sprott has thrown his weight behind advanced-stage explorer and developer MAG Silver by making a C$60-million investment in the company.
TSX- and NYSE American-listed MAG announced this week that Sprott, through 2…
Eric Sprott makes large investment in silver Read More »
