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…
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JV Article: Red Pine Exploration sees whirlwind development at Wawa gold project in Ontario
It has been a whirlwind development year for Red Pine Exploration’s (TSXV: RPX) flagship, 100%-owned Wawa gold project, starting with the consolidation of the company’s interests and acquisition of the…
RANKED: World’s top ten nickel producers
Nickel and its compounds are essential for manufacturing steel, but nickel has also been dubbed ‘the silent saviour’ as it plays a role in the global transition to clean energy…
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…
Asante Gold makes US$5 million investment in Roscan
Roscan’s primary asset is the Kandiolé project, located east of B2Gold’s Fekola mine in West Mali.
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…
Analysts raise target prices on Teck after investor day
Analysts at CIBC, Canaccord Genuity, Raymond James and BMO Capital Markets raised their target prices on Teck Resources (TSX: TECK.A/B; NYSE: TECK) following the diversified miner’s September 21 Investor Day,…
Bank of America cuts iron ore price forecasts
The Bank of America’s global research team is lowering its price forecast for iron ore fines in 2022 by 45% to US$91 per tonne (down from its previous forecast of…
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…
Canadian miners welcome Liberal election victory
The Mining Association of Canada (MAC) has welcomed the Liberal Party of Canada’s federal election victory, giving prime minister-designate Justin Trudeau another term in office. The Liberal platform included measures…