Diversified major Rio Tinto will seek to raise up to $500-million in additional lending under existing project financing for the Oyu Tolgoi underground project, in Mongolia.
The company owns Oyu Tolgoi through its majority ownership in Toronto-listed …
Rio Tinto to raise $500m for Oyu Tolgoi Read More »
The share price of TSX- and NYSE-listed Turquoise Hill plunged on Thursday, as controlling shareholder Rio Tinto announced that a Turquoise Hill rights issue would be needed for the Oyu Tolgoi underground project, in Mongolia.
The company’s stock fel…
Turquoise Hill shares tank on Oyu Tolgoi funding announcement Read More »
Short-seller JCAP has a new exploration and development company in its sights – Toronto-listed Northern Dynasty, which is seeking to build the contentious Pebble copper/gold project in Alaska.
The company on Wednesday published a scathing report on No…
Pebble owner Northern Dynasty in short-seller JCAP’s sight Read More »
PT Freeport Indonesia expects its annual copper and gold sales to jump next year as it transitions to operating in its underground mine, CEO Tony Wenas told a virtual conference on Friday.
Freeport Indonesia expects this year’s copper and gold sales t…
Freeport Indonesia expects sales jump after transition to underground mine Read More »
It remains uncertain when work on the shafts providing ventilation to support the production ramp-up for Panels 1 and 2 at the Oyu Tolgoi underground project, in Mongolia, will be able to resume. Rio Tinto-owned Turquoise Hill said on Friday that sinki…
Turquoise Hill says uncertain when Oyu Tolgoi shaft work can resume Read More »
Workers at Indonesia’s Grasberg gold and copper mine on Friday ended a protest demanding an easing of a coronavirus lockdown at the mine operated by a local unit of Freeport-McMoran, a workers’ representative and the company said.
Mining operations we…
Freeport Indonesia workers end protest over Covid-19 lockdown Read More »
TSX-V-listed Brixton Metals will acquire fellow-listed Kodiak Copper’s Trapper mineral claims, expanding its Thorn project, in northern British Columbia.
The Trapper claims are adjacent to the Thorn project and forms part of a larger district-scale co…
Brixton Metals expands Thorn project Read More »
Northern Dynasty Minerals shares fell more than 25% on Tuesday on rising doubts the company can clear regulatory hurdles for its Pebble mine project in Alaska, and prominent politicians said it would harm the state’s salmon fishing industry.
The US Ar…
Doubts grow Alaska’s Pebble mine can satisfy new regulatory hurdles, shares tumble Read More »
Northern Dynasty Minerals shares fell more than 25% on Tuesday on rising doubts the company can clear regulatory hurdles for its Pebble mine project in Alaska, and prominent politicians said it would harm the state’s salmon fishing industry.
The US Ar…
Northern Dynasty stock tumbles further as doubts grow over Alaska’s Pebble mine Read More »
The US subsidiary of Toronto-listed Northern Dynasty said on Monday that it had started work on a plan to meet the US Army Corps of Engineers (USACE) expectations for wetlands mitigation and that it would be ready to submit a comprehensive management p…
Pebble owner to submit mitigation plan ‘in weeks’ as USACE says mine cannot be permitted Read More »
