But only sliver of funds raised destined for mining and metals
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Canada’s cobalt sector and Ecuador’s budding mining sector for copper and gold will be investment hot spots.
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The Brazilian Pará state environmental agency, Semas, has awarded the Araguaia ferronickel project its final permit needed before construction could get under way, dual-listed Horizonte Minerals announced on Monday.
The construction licence provides t…
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Concentrate shipments from Indonesia’s Grasberg mine, the world’s second-largest copper mine, will drop about 85% this year because of a lag in output while operations shift from open pit to underground mining, a government official said
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Cobalt 27 will put in about $9 million into a share of production at Mineral Resources and Jiangxi Ganfeng Lithium’s Mount Marion lithium project in Western Australia.
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Pancon revealed that its objective for the initial phase of Montcalm’s program is to drill at least 4,500 metres to test a series of new conductor targets identified in 2018.
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With metals ringing off the new year on a weak note, both price- and demand-wise, BMO Metals says the main questions for 2019 revolve around China and whether its government is doing enough to slow the country’s economic contraction.
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Ruben Fernandes, who has led the company’s iron ore and nickel interests in the South American country for almost three years, will become CEO of Base Metals effective March 1.
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The acquisition, valued at $96 million, will increase Cobalt 27’s exposure to nickel through the Ramu nickel-cobalt mine in Papua New Guinea.
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The founder of US private security company Blackwater aims to raise as much as $500 million to invest in deposits of metals such as cobalt, lithium and copper, mainly in Africa and Asia.
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