On the supply side, Fitch expects production misses from Australia to keep the market tight in the coming quarters as large diversified miners lose their appetite for mining coal.
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The company’s shares jumped over 8% by mid-day Friday, following the announcement of a C$5million private placement to develop Columbian gold assets.
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Owner Havilah Resources said the decision secures the company’s right to mine Kalkaroo.
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The Canadian miner reported that seven of 23 chip samples returned grades ranging from 155.27g/t gold to 2.94g/t gold.
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Canadian miner said its long-term growth strategy focus on developing its existing pipeline of projects, while seeking global exploration opportunities.
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Media reports had said production at Chuquicamata would drop to around 182,000 tonnes by 2021 from 459,000 tonnes this year, addin that the fall would impact Codelco’s total production by around 4%.
The post Chile’s Codelco brushes off rumoured copper output drop appeared first on MINING.com.
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A fleet of 20 autonomous Cat 793F trucks will soon be hauling ore at the Rio Tinto’s Koodaideri mine, currently under construction in the Pilbara region.
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QMX Gold Corp. of Toronto has asked Hon. Sergio Marchi to join its board of directors.
The post Appointment notices: Barkerville Gold, Blackrock Gold, QMX Gold, and Sixty North Gold appeared first on MINING.com.
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Iamgold has released the latest results from the winter drill program at its Rouyn gold project.
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Iamgold cuts good grades at Lac Gamble zone of Rouyn project Read More »
Wesfarmers is working with Kidman towards developing a large-scale, long-life and high-grade lithium hydroxide project in Western Australia.
The post Kidman Resources accepts Wesfarmers $534m takeover bid appeared first on MINING.com.
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