Early finish for Ivanhoe’s Phase 3 concentrator build at Kamoa-Kakula
The first concentrate is expected in early June, while ramp-up to commercial production is targeted for early in the third quarter.
Copper
Kincora partners with AngloGold on NJNB project in Australia
Kincora Copper (TSXV: KCC; ASX: KCC) has secured a key partner in AngloGold Ashanti (NYSE: AU; JSE: ANG) for its Northern Junee-Narromine Belt (NJNB) copper-gold project in Australia. Kincora says…
Video: McEwen aims to build copper industry’s ‘jewel’ at Los Azules in Argentina
Mining entrepreneur Rob McEwen wants to build the Los Azules copper project in Argentina’s high desert with advanced mining facilities, a hotel and visitor’s centre blending into the landscape. “I’d…
China’s CITIC to sell up to 2% stake in Ivanhoe Mines
CITIC Metal Co. is planning to sell a small portion of its holdings in Ivanhoe Mines (TSX: IVN) through public trades or privately through block trades, or the combination of…
Chile to launch public consultation on tailings regulation
Chile’s Mines Minister Aurora Williams announced that the country Chile is launching a public consultation to modify its regulations on the design, construction, operation and closure of tailings facilities in…
Copper prices could surge to US$40,000, says top trader Andurand
The metal has risen almost 20% this year, reaching a record $11,000 per tonne this week.
NGO sues Norway over deep-sea mining plans
Environmental activists have once again turned to the Norwegian courts, this time suing the government over its plans for seabed mineral exploration, which they claim has failed to test the possible…
Aris Mining ups interest in Soto Norte gold-copper project to 51%
Aris Mining (TSX: ARIS; NYSE-AM: ARMN) is raising its stake in the Soto Norte gold-copper project in Colombia to 51% from 20% after signing a deal with its joint venture…
Rio Tinto faces pressure to leave London exchange
Rio Tinto (ASX: RIO; LSE: RIO; NYSE: RIO) should switch its primary listing from the London stock market to Australia’s, a move that could boost the miner’s share price by…
Greatland grows exploration portfolio in Western Australia
Greatland Gold (LSE: GGP) is expanding its exploration portfolio in Western Australia with the acquisition of a new tenement, which is part of the Mount Egerton gold-copper project. The company…
Faraday Copper rallies on $20M bought deal to advance Arizona project
Faraday Copper (TSX: FDY; US-OTC: CPPKF) shares rose 6.6% on news the company is raising $20 million in a bought deal financing for its Copper Creek project in Arizona. The…
Anglo American rejects BHP’s third, US$49.2B bid
Anglo American (LSE: AAL) rejected on Wednesday a third takeover bid by BHP (ASX: BHP) that valued the company at US$49.2 billion (£38.6 billion), but it has agreed to extend…