MINING PEOPLE: Eldorado, Fission Uranium, Norseman Capital, Oroford, Trevali
Key moves in the mining industry.
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Webinar: Porphyry deposits of the northwestern cordillera of North America
CIM’s complimentary seminar is September 22, 1-3 pm EDT.
Argonaut to sell Mexico development project for $30 million
The Ana Paula project was previously acquired from Alio Gold.
Northern Dynasty calls JCap report ‘fatuous, flimsy and self-serving’
Short seller accused the miner management of “gaslighting investors” over its giant Alaska copper and gold Pebble project.
Copper price rallies as Chinese scrap shipments sink by 50%
China’s war on foreign waste sees shipping lines refusing to transport scrap fearing a liability for return shipment if cargoes are rejected by customs.
First Majestic gets $59 million investment from Sprott
Billionaire Eric Sprott has now become a shareholder in the Mexico-focused silver producer.
MAG Silver to acquire Deer Trail project in Utah
The carbonate replacement deposit was intermittently mined for high-grade silver, gold, lead, zinc and copper sulphides until 1985, when the mine closed leaving faces in massive sulphide.
De Beers sales hint diamond market has bottomed out
Improved sales show the diamond market may have bottomed out and be on the slow road to recovery, say analysts.
No fear over Brazil meeting iron ore export demand – secretary
IBRAM projects that the country will export 310 million tonnes in 2020.
MINING.COM MINUTE: Biggest stories of the week
Barrick CEO faces stark test; Definitive feasibility study for Kakula confirms giant mine; Freeport’s Grasberg go-go days back.