A group of Mongolian legislators has recommended one of the agreements underpinning Rio Tinto’s Oyu Tolgoi copper mine should be scrapped and another changed, adding to the giant project’s political problems.
The Gobi desert copper deposit promises t…
Mongolia lawmakers seek to rewrite Oyu Tolgoi deal Read More »
The PFS outlines a mine life of 11 years and total recovered metals of 345,000 ounces of gold, 8 million ounces of silver, 254 million pounds of copper and 626 million pounds of zinc.
The post Alacer releases updated PFS for Turkey project appeared first on MINING.com.
Alacer releases updated PFS for Turkey project Read More »
Australia’s largest gold producer has been searching for juniors with appealing assets in Western Australia’s Paterson region to jointly develop them.
The post Newcrest to fund broad gold exploration in Western Australia appeared first on MINING.com.
Newcrest to fund broad gold exploration in Western Australia Read More »
Aim- and TSX-listed Atalaya Mining on Thursday reported profit of €34.44-million for 2018 – an 89% increase on that of 2017.
The company, which operates the Proyecto Riotinto mine, in Spain, posted revenue of €189.5-million as a result of 183 368 t of…
Atalaya profit jumps 89% Read More »
The expansion of the Los Pelambres copper mine, in Chile, is fully financed, London-listed Antofagasta announced on Thursday. The entire $1.3-billion cost of the expansion would be debt financed by Los Pelambres.
Antofagasta secures debt financing for Chile expansion Read More »
Yet another foreign miner in the Democratic Republic of Congo is reviewing its future production plans after the government increased taxes and removed investor safeguards despite industry protests. MMG, the Chinese-owned copper producer, is considerin…
MMG joins Glencore, ERG in reviewing Congo plans after tax hike Read More »
Cross-border concerns about mineral exploration and logging in British Columbia’s Skagit River watershed may put a long-simmering campaign to close a hole in the middle of two provincial parks back on the front burner.
The post Plans for logging, mining near British Columbia parks spark concern appeared first on MINING.com.
Plans for logging, mining near British Columbia parks spark concern Read More »
Kalahari Metals (KML), in which Aim-listed Metal Tiger owns 50%, has received notification that the environmental management plan (EMP) for KML’s Ngami copper project has been reviewed and approved by the Botswana Department of Environmental Affairs. T…
Kalahari Metals receives EMP for Ngami copper project Read More »
The Canadian miner plans to expand Cobre Panama, located about 120 km west of Panama City, and 20 km from the Atlantic coast, from 85 million tonnes per year to 100Mtpy beginning in 2023.
The post First Quantum plans $327m expansion of giant copper mine in Panama appeared first on MINING.com.
First Quantum plans $327m expansion of giant copper mine in Panama Read More »
Teck Resources and Sumitomo have closed their $1.2B transaction, giving Sumitomo a 30% indirect interest in the Quebrada Blanca copper project.
The post Teck, Sumitomo close Quebrada Blanca transaction appeared first on MINING.com.
Teck, Sumitomo close Quebrada Blanca transaction Read More »
