The Spain-focused miner produced 42,114 tonnes of copper in 2018 at Proyecto Riotinto, up 13% on 2017 and above the increased high-end guidance of 41,000t.Read More
* China 2018 unwrought copper imports at 5.3 mln T - customs* December imports down 4.7 pct at 429,000 T - customs* Copper concentrate imports hit record 19.72 MT in 2018* Scrap ban boosts demand for other forms of copper - analyst (Adds official Dec numbers, background, analyst comment)BEIJING - China's unwrought copper imports rose 12.9 percent to a record annual high of 5.3 million tonnes in 20...Read More
OSLO - Resource-rich Argentina is expected to join the international transparency standard for managing oil, gas and mineral resources, the Extractive Industries Transparency Initiative (EITI) said on Monday, which could make it more attractive for investors.The global initiative, launched by Britain's former prime minister Tony Blair in 2002, requires member countries to disclose how they allocat...Read More
Gold miners' exchange-traded funds are surging with gold powering higher. These mounting gains are naturally fueling growing interest in the leading gold-stock investment vehicles. Traders looking to deploy capital are wondering which major gold-stock ETF is superior, offering the best balance between upside potential, component fundamentals, and risks. GDXJ takes the crown, besting its larg...Read More
PolarX builds bigger, richer Zackly pictureSPONSOREDpolar x limitedRio's wholly owned Kennecott Exploration Company (KEX) will join Valor at its Berenguela copper-silver-manganese project in south-east Peru.Read More
The Titanic, arguably the world's most famous shipwreck, could have been prevented if the rivets in the steel plates of its hull had contained additional manganese, saving 1,500 lives.Read More
The potential development of an El Ni??o in 2019 poses a risk of costs rising among miners relying on hydroelectric power generation in key Latin American markets, according to new Fitch Solutions industry analysis report released this week.Most state meteorological departments are warning of risks of the El Ni??o event in 2019, and on Thursday, the U.S government weather forecaster raised the p...Read More
Both companies and the fund managers that invest in them are under pressure to pay more attention to environmental, social and governance issues. For the former group, that requires delivering increased transparency on an ever-expanding range of metrics. For the investment crowd, tailoring strategies to address the new demands means increased spending on data - at a time when fees are slowly but s...Read More
Orestone Mining (TSXV: ORS) is staking an additional Cu-Au porphyry target at its Captain property in north-central British Columbia, Canada.In a press release, the company revealed that the new Cu-Au porphyry target, called Max, is located 7 kilometres northwest of its main East Admiral Au-Cu porphyry target."The Max Extension claims cover 2,834 hectares and cover a phyllic altered felsic intrusi...Read More
RESOURCEStocks: What do you believe sets Golden Mile Resources apart from other nickel/gold explorers in Western Australia?Lachlan Reynolds: Golden Mile Resources has the advantage of having a suite of strong projects, including both an advanced nickel-cobalt asset and prospective gold exploration properties in sought-after locations. The company is funded to undertake all of its immediate ex...Read More
Murchison Minerals (TSXV: MUR) announced Thursday that it has doubled the size of the previously announced VTEM airborne survey and tripled its mineral land holdings at its 100% owned zinc/copper/silver Brabant VMS project in central Saskatchewan.With the recent staking of 14,807 hectares of mineral claims contiguous to its current land holdings, Murchison now controls 221.8 km2 of mineral rights...Read More
Miner Anglo American Plc is betting on South America as its main growth area for base metals in the coming years, a top executive told Reuters.Ruben Fernandes, who heads Anglo's operations in Brazil and is slated to become its global head of base metals next March, said he wants to prepare the company for an expected boom in demand related to electric cars that is likely to fuel appetite for nicke...Read More
Barrick Gold Corp.'s new boss intends to push ahead with plans to increase investment in the mineral-rich - but environmentally tricky - deposits straddling the Chile-Argentina border."If you want to find elephants, go to elephant country," Chief Executive Officer Mark Bristow, a South African geologist and big-game hunter, said in a phone interview. The Toronto-based company "absolutely" intends...Read More
Acacia Mining (LON:ACA), the Tanzanian gold producer dealing with an ongoing dispute with the country's administration, received a fresh blow on Thursday from the country's government, which fined the miner 300 million Tanzanian shillings (about $129,144) over allegations of breaching environmental rules by its North Mara operation.The company noted it has not yet received any supporting reports...Read More
PolarX builds bigger, richer Zackly pictureSPONSOREDpolar x limitedThe Toronto-based company said the step was part one of a staged expansion plan outlined in a July 2018 preliminary economic assessment aimed at increasing the production rate to 5,000t/d by 2020.Installation of a refurbished mill, a 1,250kv electrical substation, secondary crusher and a hydrocyclone cluster that allows f...Read More
Kyzyl ramp-up signals new growth path at buoyant PolymetalSPONSOREDpolymetal internationalIn releasing its December quarter production results yesterday, the miner said it had exceeded its updated gold guidance, while copper production was in line with forecasts.Read More
PolarX builds bigger, richer Zackly pictureSPONSOREDpolar x limitedThe wire service quoted Collahuasi CEO Jorge Gómez telling reporters at an event in Santiago that it was seeking synergies with operations in the Tarapaca area, including sharing pipe and power lines and potentially desalinated water as water shortages were becoming an issue."It does not make much sense that two companies so...Read More
Mahenge the Cinderella of the graphite space?SPONSOREDblack rock miningSky is the limit for BSK at Amarillo GrandeSPONSOREDblue sky uraniumNew Energy brings experience to new dawnSPONSOREDnew energy mineralsSustained investment in people a big plus for consultancySPONSOREDbyrnecutThe idea that two otherwise identical companies can produce divergent investment returns simply through differing numbe...Read More
Lucara sells large diamonds for US$32.5mPrecious stonesMahenge the Cinderella of the graphite space?SPONSOREDblack rock miningSky is the limit for BSK at Amarillo GrandeSPONSOREDblue sky uraniumNew Energy brings experience to new dawnSPONSOREDnew energy mineralsIn 2014 China invested more than US$239 billion in oil and gas and mineral exploration; that same year, private investment in US explorati...Read More
Imperial Metals (TSX:III) announced this week that due to declining copper prices, operations at the Mount Polley mine will be suspended. The suspension plan includes milling of low grade stockpiles which is targeted to extend operations to the end of May 2019.In a news release, the company said there will be no impact to the mine's ongoing environmental monitoring and remediation program, and t...Read More