McEwen Copper provides update on Los Azules in Argentina
The McEwen Copper division, 81% owned by McEwen Mining (TSX: MUX; NYSE: MUX) is advancing work on the Los Azules project in Argentina’s San Juan province, having closed the first…
Articles by Cecilia Jamasmie
Anglo Asian Mining grows copper footprint in Azerbaijan
Anglo Asian Mining (LSE: AAZ), Azerbaijan’s leading gold mining company, has been awarded three new copper concessions in the country, which the company thinks could turn it into a mid-tier copper-gold producer. The miner said it is evaluating how…
Agnico Eagle, Kirkland Lake create new gold giant in US$10B merger
The combined company, the gold industry’s highest-quality senior producer, will have 48 million ounces of the metal in reserves.
Peru minister says US$1.4B Tia Maria mine a “no go”
Peru’s economy and finance minister has cast further doubt about Southern Copper’s (NYSE: SCCO) long-delayed US$1.4 billion Tia Maria project by saying he believed the proposed mine in the southern Islay…
Appian Capital in talks to sell Atlantic Nickel for $1B, Brazilian daily newspaper reports
London-based private equity fund Appian Capital is said to be in advanced negotiations to sell its Atlantic Nickel unit in Brazil for around US$1 billion, with Canada’s Teck Resources (TSX:…
Peru road blockades forces MMG to halt Las Bambas copper mine
Chinese miner MMG once again will have to halt operations at its Las Bambas copper mine in Peru, one of the country’s largest, as community protests in the nearby province…
Glencore mulls offers for CSA copper mine in Australia
Glencore‘s (LSE: GLEN) long-running campaign to sell its CSA copper mine in Australia’s New South Wales state seems to be finally coming to an end as the miner confirmed today…
Mick Davis walks away from Guinea vehicle he founded
Mining veteran Mick Davis has cut ties with Niron Metals, an investment vehicle he co-founded in 2019 to develop Guinea’s Zogota iron ore deposit, previously owned by BSG Resources (BSGR). The former Xstrata boss, who was chair of…
Silver-enhanced disinfectant has long-lasting effects against Covid-19
Researchers at the University of Central Florida are using an engineered nanostructure called cerium oxide modified with small amounts of silver to produce a disinfectant that can continuously kill viruses…
Gemfields swings to profit as it reopened mines
Precious gemstones miner Gemfields (LSE: GEM; JSE: GML) has swung to a first-half net profit after it reopened mines and demand for its emeralds and rubies surged. The company, which returned to the London Stock Exchange’s…
Sandfire to buy giant Spanish copper complex for US$1.9B
Australian mid-cap miner Sandfire Resources (ASX: MTR) is buying the Minas De Aguas Teñidas (MATSA) mining complex in Spain for about US$1.9 billion, as it seeks to become a large copper-focused producer. The company went into a trading…
China vows to end funding for overseas coal power plants
China’s president Xi Jinping has pledged to stop backing new coal power plants overseas a move that would cut off a key source of financing for projects involving the dirty…