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.
Copper
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…
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,…
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…
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…
Codelco targets 2030 start at Maricunga lithium project
Chile’s Codelco has started assessing partnership candidates for a lithium project in one of the country’s top salt flats, Maricunga, with the goal of kicking off production in 2030. The…
Hudbay, unions reach deal for Arizona copper project
Canada’s Hudbay Minerals (TSX, NYSE: HBM) has reached a labour agreement with union leaders to construct the Copper World mine in Arizona. The agreement marks a key step in the…
SolGold inks contract for Ecuador’s biggest project
SolGold (LSE, TSX: SOLG) signed a decades-long deal with the Ecuadorian government for the country’s largest-ever mining project, the US$3.2 billion Cascabel copper-gold mine. The shares gained a penny to…
Nevada Copper plunges as financing stalls
Nevada Copper (TSX: NCU; US-OTC: NEVDF) “significantly scaled down operations” at its Pumpkin Hollow mine after it failed to secure funding and two board members from its leading investor resigned. …
Most energy and mining projects 20% in the red: study
Miners and energy companies are facing average budget overruns of 15% to 20%, which puts nearly US$1.5 billion of capital invested in energy transition-related projects at risk each year through…
BHP opts for mediation to avert strike at Spence mine
BHP (NYSE: BHP; LSE: BHP; ASX: BHP) has requested the Chilean government to mediate talks with union leaders at its Spence copper mine to avert a strike. The call for…
Power Nickel’s Lion discovery roars with expansion
Power Nickel (TSXV: PNPN) continues to expand the Lion discovery of May, with deeper drill holes proving the structure’s high-grade width of about 100 metres, the company said Tuesday. Located…