Japan

World’s top uranium miner Cameco swings to loss in first quarter

Asia, Cameco, Japan, Mining News and Commentary, Mining.com, Saskatchewan, Suppliers News /

The uranium producerlogged a C$18.3 million loss in the first quarter of 2019, compared with a profit of C$57.8 million a year ago. That’s equivalent to a decrease of five cents per share, versus a profit of 14 cents per share in the same quarter last year.

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Japanese owner of Chile’s Caserones copper mine said to be mulling sale

Asia, Japan, Lumina Copper, Mining News and Commentary, Mining.com, Mitsui, South America /

Asked about it, however, JX Nippon Mining — the metal unit of JXTG Holdings — declined to comment, adding it was not something that has already been decided.

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Orocobre and Toyota Tsusho green light first lithium hydroxide plant in Japan

Japan, Mining News and Commentary, Mining.com, Orocobre, Toyota Tsusho Corp /

The majority of production will feed the Japanese battery industry and will be sourced from the lithium carbonate produced from Orocobre’s Olaroz mine in Argentina.

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Japan’s Mitsui injects $30m into Sigma’s lithium project in Brazil

EV, Japan, Mining News and Commentary, Mining.com, Mitsui, Rare Earth, South America /

The Japanese trading house is backing Sigma’s Grota do Cirilo hard rock lithium project, in the south-eastern province of Minas Gerais.

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World’s top uranium miner Cameco in no hurry to resume production

Asia, Cameco, Japan, Mining News and Commentary, Mining.com, Saskatchewan, Suppliers News /

The company says it has seen a significant improvement over the past year, with prices up about 20%, but believes conditions are not where they need to be to restart idled capacity.

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IAMGOLD puts construction of Canadian mine on ice

Asia, IAMGOLD, IAMGOLD Corp, Japan, Mining News and Commentary, Mining.com, Sumitomo, Sumitomo Metal Industries /

Building activities at Côté Gold, located in the Abitibi gold belt in Ontario, were slated to start in the first months of 2019, with pre-production beginning in late 2020.

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