Lithium's next generationSPONSOREDneo lithiumHot Chili secures copper 'super hub' SPONSOREDhot chili limitedVimy ready for move to higher uranium groundSPONSOREDvimy resources"It's not regulation that fails, it's [the industry] as engineers and operators"SPONSOREDsrk consultingIt is the latest development in a plus-10 year approvals process for the initial 20-year pro...Read More
Lithium's next generationSPONSOREDneo lithiumHot Chili secures copper 'super hub' SPONSOREDhot chili limitedVimy ready for move to higher uranium groundSPONSOREDvimy resources"It's not regulation that fails, it's [the industry] as engineers and operators"SPONSOREDsrk consultingIt is no doubt for the best that I was not cut out for politics.Read More
Lithium's next generationSPONSOREDneo lithiumHot Chili secures copper 'super hub' SPONSOREDhot chili limitedVimy ready for move to higher uranium groundSPONSOREDvimy resources"It's not regulation that fails, it's [the industry] as engineers and operators"SPONSOREDsrk consultingThe newspaper reported that sources close to the court stated a draft decision is circulatin...Read More
Kutcho Copper Corp. (TSXV: KC) has raised C$2 million through a private placement of 10 million units (each consisting of one share and one warrant). Shares of the company went up nearly 3% on Monday afternoon from 19 cents at the time of announcement to the offering price of 20 cents. Its current market capitalization sits at approximately C$11.3 million.The financing is being backed by major sha...Read More
Vancouver-based Nicola Mining plans to advance its New Craigmont copper property with a diamond drilling program this year. Drilling began on May 23, 2019. The project site is 10 km from Merritt.The property includes the historic Craigmont mine. The former mine was active from 1938 to 1982, during which time it mined 33.4 million tonnes of ore grading 1.28% copper. The property remains permitted.N...Read More
The head of state-run miner Codelco, the world's largest copper producer, said Chile's mining industry was increasingly held back by new environmental regulations and the low productivity of Chilean workers, local daily La Tercera reported on Monday.Codelco Chief Executive Nelson Pizarro said in a presentation on Friday that regulatory hurdles were only adding to problems that have long plagued Ch...Read More
Pan Global Resources (TSXV: PGZ) was able to negotiate access to the Torrubia copper target in the Aguilas project, located near the city of Cordoba in southern Spain.In a media statement, the Vancouver-based company said that being able to enter Torrubia provides access to approximately 1.9 kilometres of strike with the widest and strongest soil copper geochemistry in the north part of the Torrub...Read More
Barrick Gold's (TSX:ABX)(NYSE:GOLD) chief executive, Mark Bristow, said the company's bid for its 64%-owned Acacia Mining (LON:ACA) is an "appropriate" and "elegant" solution to the long-running row over outstanding tax claims that has hit the African miner's bottom-line.The $285-million offer, considered by some analysts and Acacia's minority shareholders as a low, would see the world's second...Read More
The mid-tier gold miners' stocks in the sweet spot for price-appreciation potential have been struggling in recent months, grinding lower with gold. Their strong early-year momentum has been sapped by recent stock-market euphoria. But gold-mining stocks are more important than ever for prudently diversifying portfolios. The mid-tiers' recently-reported Q1'19 results reveal their fundamentals remai...Read More
Lithium's next generationSPONSOREDneo lithiumHot Chili secures copper 'super hub' SPONSOREDhot chili limitedVimy ready for move to higher uranium groundSPONSOREDvimy resources"It's not regulation that fails, it's [the industry] as engineers and operators"SPONSOREDsrk consultingIn a translated statement issued on Saturday, the Sindicato de supervisors Codelco Norte sai...Read More
Lithium's next generationSPONSOREDneo lithiumHot Chili secures copper 'super hub' SPONSOREDhot chili limitedVimy ready for move to higher uranium groundSPONSOREDvimy resources"It's not regulation that fails, it's [the industry] as engineers and operators"SPONSOREDsrk consultingEvents in Zambia and Peru are potential flash points for a copper awakening with reports of...Read More
A magnitude 8.0 earthquake struck northern Peru early Sunday near copper and gold mines, prompting officials to activate emergency protocols.The quake hit at 2:41 a.m. local time, according to the European-Mediterranean Seismological Centre. The U.S. Geological Survey put the epicenter at 75 kilometers (47 miles) south-southeast of the village of Lagunas.Tremors were moderately felt in the capital...Read More
Unionized workers at Codelco's Chuquicamata operation rejected on Saturday the miner's final contract negotiation offer and announced that on Tuesday and Wednesday they will be voting on a proposal to go on strike.In a communiqu?(C) made public via social media, the union's leadership said the proposal presented to them by the world's No. 1 copper producer was a 'joke' aimed at suppressing workers...Read More
LUSAKA/JOHANNESBURG - A court hearing between Vedanta and the government of Zambia over control of its Konkola Copper Mines (KCM) business was adjourned on Friday until June 4.The government is pressing for the liquidation of KCM which it has accused of breaching its operating licence. The company faces a lawsuit in the English courts over allegations KCM polluted the land of nearly 2,000 Zambian...Read More
Chilean state-run miner Codelco, the world's largest copper producer, presented its final offer in contract negotiations with three unions at its giant Chuquicamata mine on Friday as workers threatened to strike if the company does not meet demands.Workers from the unions involved had rejected last weekend a proposal by the company, which included a $19,700 bonus per worker and a 1.2% raise, but o...Read More
The South Australian Minister for Energy and Mining granted Havilah Resources (ASX: HAV) three mineral leases and two miscellaneous purposes licenses for the Kalkaroo copper-gold project, located northeast of Adelaide in South Australia.In a press release, Havilah said the decision secures the company's right to mine Kalkaroo. However, the firm still needs to obtain permission to mine which requir...Read More
Max Resource (TSXV: MXR) reported this week the first assays from its 10-week exploration program underway at the North Choc?? copper-gold project, located 80 kilometres southwest of Medell?-n, Colombia.Among the highlights of the campaign, Max said that seven of 23 chip samples returned grades ranging from 155.27g/t gold to 2.94g/t gold and, of those seven samples, three returned values of >10,00...Read More
Chile's Codelco, the world's No. 1 copper producer, has dismissed reports of a predicted 40% drop in production over the next two years due to declining ore grades and the switch of its flagship Chuquicamata mine to underground from open pit.Instead, the miner says it is following a detailed plan that will allow it to keep copper output at current levels of around 1.7 million tonnes a year over th...Read More
This is big, really big. I can't say that it's a surprise that Glencore might want to partner with First Cobalt Corp. (TSX-V: FCC) / (QTCQX: FTSSF), but it would be by far the best possible outcome for management's strategic review of its 100%-owned refinery in Ontario. Shareholders & prospective investors were understandably growing nervous about First Cobalt's ability to deliver the restart fund...Read More
Vedanta Resources said on Thursday it will challenge in court a decision by Zambia's High Court to appoint a legal firm as a provisional liquidator of Konkola Copper Mines (KCM).The liquidation application was brought against Vedanta-controlled KCM by Zambian state-owned ZCCM-IH, which holds a 20.6% stake in the unit."Vedanta has serious concerns about the intentions of the applicants and the proc...Read More