Copper and gold miner Oz Minerals has reported a 127.4% fall in underlying earnings before interest, tax, depreciation and amortization (Ebitda) for the first half ending June, while net profits after tax declined by 83.9%, compared with the previous c…
Oz Minerals sees earnings fall Read More »
Exploration company SolGold, which is advancing the Cascabel project in Ecuador, is expanding its drilling fleet to expedite its prefeasibility study (PFS) of the Alpala deposit by the end of the first quarter next year.
The Brisbane, Australia-based …
SolGold bolstering its fleet, expediting Alpala PFS Read More »
The Red Chris mine, near Dease Lake, north-west British Columbia, is moving to the next chapter with Australian gold miner Newcrest now the majority owner and operator of the copper/gold mine.
Imperial announced on Friday that it had closed the sale o…
BC’s Red Chris mine moves to new chapter Read More »
The former head of Anglo American in Brazil, Paulo Castellari, has joined Appian Capital to head up the investment advisory firm’s Brazilian business, which includes an advanced stage greenfield copper/gold project. The dual Brazilian and Italian natio…
Appian picks former Anglo exec to bring Brazil projects to production Read More »
Rio Tinto-controlled Turquoise Hill Resources said an impairment charge at the cash-generating unit of its Oyu Tolgoi copper mine in Mongolia led to the company missing estimates for second-quarter profit on Wednesday.
Turquoise Hill, which owns 66% o…
Turquoise Hill swings to loss on Mongolia mine woes Read More »
The Environmental Protection Agency (EPA) is scrapping proposed restrictions on mining operations in Alaska’s Bristol Bay, dealing a victory to Northern Dynasty Minerals, which is hoping to tap a $100 billion gold deposit in the region.
The move does …
EPA scraps veto on mining in Alaska’s Bristol Bay Read More »
TSX-V-listed Cordoba Minerals is studying the potential of a new copper mine in Colombia that will produce an average of 18 100 t/y over more than two decades.
The San Matias copper/gold/silver project preliminary economic assessment (PEA), unveiled o…
Cordoba studying new copper mine in Colombia Read More »
As the construction phase of the large-scale Cobre Panama project of First Quantum comes to an end, the Toronto-listed is well positioned to meet its “own, very high expectations for the year and years to come”, Cobre Panama GM Tristan Pascall said on …
First Quantum’s Cobre Panama costs rise, Zambia tax settlement reached Read More »
Freeport-McMoRan, the world’s largest publicly traded copper producer, posted a quarterly loss on Wednesday as costs spiked and production of gold and copper plunged at a key Indonesian mine.
While the loss, the company’s first since 2016, wasn’t as s…
Freeport swings to quarterly loss as copper, gold output drops Read More »
Copper and gold miner Oz Minerals is on track to reach full year production, with its Carrapateena project scheduled for first concentrate delivery in the fourth quarter of this year.
Oz Minerals on Tuesday reported that copper production for the seco…
Oz on track with full year plans Read More »
