The current strong copper price will further assist this. The renegotiation of the DSRA funding requirements and the deposit of the initial US$9.0 million into the DSRA represents another significant step in the de-risking of the Project. On behalf of the Independent Directors of Finders we continue to
Australian resources specialist private equity firm EMR Capital has completed the acquisition of an 80 per cent controlling stake in Zambia copper mine Lubambe from African Rainbow Minerals (ARM) and Vale International for $97.10 million. EMR will partner with 20 per cent shareholder, ZCCM
CUBA, N.M. - For decades, yellow- and white-tinged piles of waste from a defunct copper mine have covered the mountainside at the edge of the quintessential New Mexico village of Cuba - out of sight, out of mind and not nasty enough to warrant the attention of the federal government's Superfund
Pontevedra's prosecution, in northwestern Spain, has accused Enrique Otero Cascallar and Mar?-a del Mar Barros of investing dirty money in a copper mine in the Democratic Republic of Congo and has requested three years of prison and a fine of some $713,790 for the couple. According to El Pa?-s
Copper prices rallied to their highest level in almost four years on Wednesday, putting the metal on track for its best year since 2010, in what was a welcome development for some of the world's largest mining companies following years of oversupply. The red metal is set to end the year up more than 39 per
CUBA, N.M. - For decades, yellow- and white-tinged piles of waste from a defunct copper mine have covered the mountainside at the edge of the quintessential New Mexico village of Cuba - out of sight, out of mind and not nasty enough to warrant the attention of the federal government's Superfund
Apache Junction Independent reported that evaluations continue for the proposed land exchange between the federal government and Resolution Copper Mining LLC for a copper mine near Superior in Pinal County, the US Forest Service has established a comment period for those with federal or private
LONDON, Nov 29 (Reuters) - Following the sharp rise in copper prices this year Zambia's state-controlled firm ZCCM Investments Holdings wants to increase its stakes in the country's mines and also expects higher dividend payments, its chief executive said on Wednesday. ZCCM-IH, which was formerly
ST. PAUL, Minn. - President Donald Trump's administration has resurrected an effort to build a proposed copper-nickel mine near the Boundary Waters Canoe Wilderness Area in northeastern Minnesota. In an opinion published Friday, a top attorney at the U.S. Interior Department concluded that the
Following an eight-day strike, Teck Resources (TSX: TCK.A, TCK.B) (NYSE:TCK) has reached a new contract agreement with Union No. 1, which represents one-quarter of its Quebrada Blanca copper mine workforce. Quebrada Blanca is located in the Tarapac?? Region of northern Chile and it is nearing
An auction for the $2 billion Michiquillay copper mine project in Peru scheduled for this week was canceled by the besieged government of President Pedro Pablo Kuczynski. A contract for the project according to state investment agency ProInversion will now be awarded on February 20. Reuters reports
According to latest assessment conducted by International Copper Study Group, stagnant copper refined copper supplies, in combination with strong Chinese apparent usage in September, conspired to lift the deficit from an estimated 160 000t for first 7 months of the year. Estimates that global mine output
(Adds Shanghai closing prices, updates London prices) BEIJING, Dec 22 (Reuters) - London copper prices edged lower on Friday as the dollar strengthened slightly and wage agreements at mines in Chile eased concerns about supply disruptions in the world's top producer of the metal. A rising U.S.
Ero Copper Corp, headquartered in Vancouver, B.C., is focused on copper production growth from the Vale do Cura???? Property, located in Bahia, Brazil. The Company's primary asset is a 99.5% interest in the Brazilian copper mining company, Minera????o Cara?-ba S.A. ("MCSA"), 100% owner of the Vale do Cura???? Property
Canadian-based Northern Dynasty, parent company of Pebble Limited Partnership, acknowledged it was the withdrawal of the EPA's protection under the Clean Water Act that has allowed the mine permit process to move forward. Initial plans for the gold and copper mine to be built in the Bristol Bay
LIMA - An auction for the $2-billion Michiquillay copper mine project, in Peru, scheduled for Wednesday but cancelled by the embattled government of President Pedro Pablo Kuczynski is now slated for February, according to state investment agency ProInversion. The new auction date will be February 20,
Meanwhile, the Trump administration may reverse an Obama-era EPA decision that the mine in the Bristol Bay region would be too risky to go forward. If President Donald Trump's EPA rolls back the decision, it could help usher in a mine where one of the world's most important sockeye salmon fisheries is
Iron ore represents around 20%, and then it's gold. Gold is foreseen to be one of the minerals that's going to grow faster, next to copper. MINING.com: Interesting. Thanks for breaking those minerals down. How will dividing Metso into these seven business areas benefit your customers? Nico Delvaux: We
Over the next decade, copper would dethrone gold as the predominantly mined metal in the Treasure State. Copper mining centered on the prolific Butte mining district, which would grow to become a city with more than 100,000 inhabitants. Butte's significant silver deposits and enormous copper deposits
While the Cangai Copper Mine drilling program is the Board's top priority, the significant increase in the cobalt price in the current quarter has elevated the importance of fast-tracking the understanding of the geology at the Broken Hill project. Notably, this entails identifying potential drill targets with a view