Kamoa-Kakula is now world’s third-largest copper mining complex
Ivanhoe Mines has achieved first concentrate production at the Kamoa-Kakula operation’s Phase 3 concentrator.
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Lawsuit targets Adventus and Salazar’s Ecuador project permit
Adventus Mining (TSXV: ADZN) and Salazar Resources (TSXV: SRL) are facing headwinds in Ecuador as a group of locals has requested a provincial judge to cancel the environmental permit for…
Gemfields picks ex-De Beers boss Bruce Cleaver as new chair
Emeralds and rubies miner Gemfields (LSE: GEM; JSE: GML) has appointed former De Beers chief executive, Bruce Cleaver, as chair and independent non-executive director. Cleaver, who was at the helm…
Nevada Copper files for bankruptcy, names new boss
Cash-strapped miner Nevada Copper (TSX: NCU) has filed for bankruptcy protection under Chapter 11, kicking off a restructuring process that will halt its Pumpkin Hollow mine. President and chief executive,…
Investors should heed growing supply after uranium’s recent runup
Uranium prices surged from just over US$50 per lb. in April 2023 to more than US$100 per lb. by January 2024. Since then, there has been a moderate pull-back; uranium…
World Bank tribunal rules against Canada’s Montauk in dispute with Colombia
A World Bank tribunal has ruled in favour of Colombia in a feud with Canada’s Montauk Metals (TSXV: MTK). A mining ban imposed by the Gustavo Petro administration on the…
Botswana in talks to raise stake in De Beers
Botswana confirmed on Monday market rumours that it plans to increase its shareholding in De Beers, as parent company Anglo American (LSE: AAL) prepares to spin off or sell the…
Canada adds high-purity iron, phosphorus, silicon metal to critical minerals list
Natural Resources Canada has made three additions to the country’s critical minerals list. High-purity iron used in green steel making and key to decarbonization; phosphorus, which is essential for batteries…
Energy Fuels begins commercial production of separated rare earths at White Mesa
Energy Fuels stated this is the first US commercial production of on-spec separated REEs from monazite in decades.
Southern Silver study ups Mexico project NPV, mine life
An updated preliminary economic assessment (PEA) for Southern Silver Exploration’s (TSXV: SSV) Cerro Las Minitas project in Mexico shows improved economics and added 2.6 years to the mine life. The…
Critical Metals to acquire 92% stake in rare earth project billed as one of world’s largest
The Tanbreez in Greenland, with a 28.2 million tonne TREO resource is expected to contain more than 27% heavy rare earth elements.
Buenaventura resumes processing at El Brocal as blockade ends
Buenaventura (NYSE: BVN) announced on Monday that its El Brocal processing plant has resumed operations following a three-week suspension, during which it accumulated 220,000 tonnes of copper ore. On May…