The company will focus on the Wedge, Fork, and Russet South satellite deposits with the object of converting and growing mineral resources used in the recently released preliminary economic assessment (PEA).
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Central banks around the globe have been on a gold buying spree this year, with Russia and China, leading the pack.
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The Canadian miner said that being able to enter Torrubia provides access to approximately 1.9 kilometres of strike with the widest and strongest soil copper geochemistry in the north part of the Torrubia trend.
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The world’s largest miner has revised up expectations for electric vehicle sales and market penetration, but warns the electrification of the transport sector will proceed only as fast as the development of charging infrastructure.
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Decision to take a dual listing comes as Canadian investors shun junior miners, preferring the buzz and growth potential of cannabis producers.
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Researchers want space-miners to focus on the Moon, Mars and iron-rich bodies tumbling through the asteroid belt and leave things such as Jupiter and Saturn alone.
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Only one-eighth of space should be mined – study Read More »
Europe’s second-largest copper producer also posted its best quarterly results in the last three years, with revenue rising by PLN 1.2 billion (about $312 million).
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No decision will be made until the end of 2020, when the company expects to have completed a study on the Jadar, which is estimated to contain 10% of the world’s lithium reserves.
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The Piskanja project has an indicated mineral resource of 7.8 million tonnes averaging 31% B2O3, and an inferred resource of 3.4 million tonnes averaging 28.6% B2O3.
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Gay Huey Evans, one of the best-known women in European finance, will replace Brian Bender when he retires from the board in December.
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