Vale restarts Salobo 3 copper plant Brazil after fire
Vale reiterates that the 2024 copper production guidance remains at 320-355 kt.
News
Yukon might assume Victoria Gold accident cleanup
The Yukon government is considering taking over the cleanup at Victoria Gold’s (TSXV: VGCX) Eagle mine as the company struggles with the scale of remediation work. Lauren Haney, deputy minister…
Zambia, US, and Canada slowest for mine development: S&P Global
According to a new report by S&P Global, the United States has the second-longest lead times in the world for developing a new mine. Mines in the U.S. go from…
ACG opts for US$290M copper mine in Turkey after dead US$1B nickel deal
ACG Acquisition (LSE: ACG), founded by a mining executive who helped create aluminum giant Rusal, is taking another stab at green metals after a US$1 billion deal last year failed to…
Dull diamond market hinders Anglo’s sale of De Beers
Anglo American (LSE: AAL) revealed on Thursday it could cut diamond production once again amid persistent market challenges, complicating its plan to sell its De Beers unit as part of…
Video: Junior market dominated by ‘the lame, the halt and the blind,’ says Rule
Over two-thirds of today’s junior miners are essentially worthless, says resource speculator Rick Rule. The problem is the market has trouble spotting the gems with high-quality assets, which often end…
JV Video: Callinex Mines moves Pine Bay ahead in tough junior market
Callinex Mines (TSXV: CNX; US-OTC: CLLXF) released an initial resource last year for the Rainbow deposit at its Pine Bay volcanogenic massive sulphide (VMS) project in Manitoba. It then followed that…
Centamin boosts Doropo gold project economics in Côte d’Ivoire
Centamin (TSX:CEE; LSE:CEY) says its definitive feasibility study (DFS) improves the Doropo gold project in Côte d’Ivoire by reducing community impacts while returning capital to investors in about two years….
Resouro touts first rare earths resource at global-scale Tiros project in Brazil
Resouro Strategic Metals (TSX-V: RSM; ASX: RAU), one of the newest companies to tap into the Brazilian rare earths market, has published a maiden resource of close to 2 billion…
Will Guinea’s Simandou iron ore mine be the ‘Pilbara killer’?
Simandou, one of the world’s most significant iron ore developments, may soon challenge Australia’s Pilbara region as the world’s dominant producer of the steelmaking metal. Initially discovered in 1997,…
Microsoft invests in Ontario-based rare earths recycling company
Cyclic Materials has received an equity investment from Microsoft’s Climate Innovation Fund, which is dedicated to accelerating technology development and deployment of new climate innovations. This investment is representative of…
In shadow of Victoria Gold accident, workers claim lax safety culture at site
Update: Comments from the Workers’ Safety and Compensation Board were added on July 26. A landslide that’s stopped production at Victoria Gold’s (TSXV: VGCX) Eagle mine in the Yukon may…