Codelco pays US$520M for Enami’s 10% stake in Teck’s Quebrada Blanca copper mine in Chile
The deal will contribute 25,000 to 30,000 tonnes of copper to Codelco’s annual output.
News
Alamos tables high-return Puerto Del Aire mine plan
Alamos Gold’s (TSX: AGI; NYSE: AGI) development plan for its Puerto Del Aire (PDA) high-grade underground gold project in northwest Mexico boasts a net present value at least 63% higher…
Probe Gold shares pop on Val-d’Or East update that doubles resources
Probe Gold (TSX: PRB) shares jumped as high as 22% to $1.55 early trading Thursday after the company nearly doubled its Val-d’Or East resource base. The company grew global resources…
Update bumps zinc resource four-fold for Fireweed Metals’ Macpass project in Yukon
A resource update for Fireweed Metals’ (TSXV: FWZ; US-OTC: FWEDF) Macpass zinc-lead-silver project in Yukon boosts indicated tonnage and contained zinc more than four times over a previous estimate. Indicated…
JV Article: Arizona Sonoran closing in on permit success at Cactus
With 11 billion lb. of contained copper in the ground and a recently rescoped preliminary economic assessment (PEA) that demonstrates 94% of the resources can be mined with open-pit methods,…
Gem Diamonds finds 122.2-carat stone at Letšeng mine
Africa-focused miner Gem Diamonds (LSE: GEMD) has unearthed yet another massive diamond white diamond at its prolific Letšeng mine in Lesotho, just days after another major find. The 122.2 carat Type II white…
Allied Gold inks decade-long deal with Mali junta
Allied Gold (TSX: AAUC) has signed a preliminary agreement with Mali for a 10-year permit on its Sadiola mine and production from the nearby Diba deposit while the military government…
Blackrock Silver PEA nearly doubles value of Tonopah West project over costs
A preliminary economic assessment (PEA) for Blackrock Silver’s (TSXV: BRC; US-OTC: BKRRF) Tonopah West project in southwest Nevada gives it a net present value almost double its initial capital costs,…
Alamos Gold hints at tripling Mulatos district mine life
High-grade drill results from Alamos Gold’s (TSX: AGI; NYSE: AGI) Puerto Del Aire (PDA) and Cerro Pelon deposits signal future growth in Mexico’s Mulatos district. Results from both targets expanded…
Ivanhoe Mines’ Kamoa-Kakula hits record copper production in August
Copper complex in the DRC achieved a monthly production of 40,347 tonnes of copper in concentrate in August.
Sovereign Metals touts ‘outstanding’ battery-grade graphite from Malawi project
Sovereign Metals (ASX: SVM; LSE: SVML) has reached a major milestone by confirming the battery-quality of graphite concentrate to be processed from its Kasiya project in Malawi. The Australian company…
Cerro de Pasco Resources sells Santander zinc mine in Peru
Cerro de Pasco Resources (CSE: CDPR) says it’s selling its Santander zinc-silver mine to a Peruvian distressed asset investor for as much as US$10 million in shares to reduce debt…