Diversified mining company Teck Resources is continuing to target first production at the Quebrada Blanca Phase 2 (QB2) copper project, in Chile, by late next year, but the miner warned on Friday that there had been delays in the schedule, primarily ow…
Teck to update QB2 schedule, cost estimates Read More »
Capstone Mining Corp. [CS-TSX] has released a Preliminary Economic Assessment (PEA) for the recovery of…
Capstone talks up cobalt option in Chile Read More »
HudBay Minerals Inc. [HBM-TSX, NYSE] has secured the surface rights for a satellite deposit located…
HudBay CEO scores first big win in Peru Read More »
EMX Royalty Corp. [EMX-TSXV, NYSE American] has executed an agreement to sell three nickel-copper-cobalt projects…
EMX selling Norwegian metal projects to Pursuit Minerals Read More »
Freeport Indonesia, operator of Grasberg, the world’s second-biggest copper mine, expects to start construction of a new smelter in August, its chief executive said on Wednesday.
Front-end engineering and design for the $3-billion smelter has been con…
Freeport Indonesia aims for August kick-off of construction on new copper smelter Read More »
Copper miner Oz Minerals has nearly halved its net profits after tax for the full year ending December, with the miner reporting that net profits fell to A$163.9-million from the A$222.4-million reported in the previous full year.
Underlying net profi…
Revenues and profits fall at Oz Minerals Read More »
Major Rio Tinto has submitted a feasibility study for the Tavan Tolgoi power plant (TTPP) project, to the government of Mongolia, as part of its electricity solution for the Oyu Tolgoi copper project.
The TTPP will involve the construction of a 300 MW…
Rio submits power plans for Oyu Tolgoi Read More »
The coronavirus has temporarily derailed talks to sell a minority stake in First Quantum Minerals’s Zambian operations, company executives said.
The virus outbreak is preventing face-to-face meetings with potential Chinese buyers, postponing a sale th…
Coronavirus stalled First Quantum’s Zambian stake sale talks Read More »
Aim-listed Metal Tiger plans to invest a further $1.5-million in Botswana-based Kalahari Metals (KML), which will increase its stake in the company to 62.2%.
Additionally, Metal Tiger has been conditionally granted a 2% net smelter royalty over all o…
Metal Tiger increases stake in Kalahari Metals Read More »
Canada’s First Quantum Minerals posted a surprise profit on Thursday, helped by higher sales and production, driven by a ramp up of its Cobre Panama copper mine.
First Quantum’s total copper production rose 29% to 204 270 t, while sales jumped 31.8%.
…
First Quantum posts surprise profit on higher copper sales, output Read More »
