Ivanhoe keeps DRC copper mine expansion ahead of schedule
Kamoa-Kakula Phase 2’s concentrator plant is now expected to begin full operations in Q2 2022.
Copper
Newcrest PFS for Red Chris block cave mine confirms potential, pegs cost at $2.6B
Newcrest Mining (TSX: NCM; ASX: NCM), operator of the Red Chris gold-copper mine, says a just-completed prefeasibility study for underground block caving at the operation confirms its potential to become…
Antofagasta to test use of hydrogen in mining equipment
Antofagasta (LSE: ANTO) has become the first mining company in Chile to set-up a pilot project to advance the use of hydrogen in large mining equipment, especially haulage trucks. The pilot, set up at the company’s Centinela copper…
BHP to expand into “tougher jurisdictions” in search of battery metals
BHP (NYSE: BHP; LSE: BHP; ASX: BHP) CEO Mike Henry says the company is ready for a strategic shift out of its geographical, advanced-economies comfort zone into “tougher jurisdictions” as…
Lumina issued $24M in shares for Cangrejos gold-copper project, debt repayment
Lumina Gold (TSXV: LUM) has raised $19 million to advance its Cangrejos gold-copper project in Ecuador, where work is under way on a prefeasibility study. In addition to closing a…
Doré Copper doubles resources at Corner Bay ahead of early 2022 PEA
Doré Copper Mining (TSXV: DCMC; US-OTC: DRCMF) has doubled resources at its flagship Corner Bay copper-gold project, about 55 km from Chibougamau in Quebec, as it works toward a preliminary…
Western Copper updates Casino project, launches feasibility study
Western Copper and Gold (TSX: WRN; NYSE: WRN) completed its 2021 exploration and drilling program and is moving forward with the feasibility study at its 100%-owned Casino copper-gold project in…
Friedland-backed Ivanhoe Electric funds South Voisey’s Bay survey
Mining magnate Robert Friedland is looking to make another potentially massive base metals discovery about 80 kilometres south of his famous Voisey’s Bay find from 1993. His privately held US-based…
Ivanhoe’s Kamoa-Kakula concentrator beating design throughput target
Ivanhoe Mines (TSX: IVN; US-OTC: IVPAF) says that after the first phase of concentrator construction, the facility is exceeding designed throughput rates, treating 320,000 tonnes of mineralized material in the…
Rio Tinto disputes report saying mismanagement caused Oyu Tolgoi’s woes
Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) is challenging the findings of an independent review into US$1.4 billion in cost overruns and delays at the Oyu Tolgoi mine in Mongolia, restating the project’s…
Global Mining Symposium: Peter Marrone on Yamana’s ‘generational’ mines
Peter Marrone, executive chairman and founder of Yamana Gold (TSX: YRI; NYSE: AUY; LSE: AUY), shared his views on the company’s ‘generational’ strategy and assets — mines with several decades…
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…