Vale expands production capacity at Salobo copper mine
Brazil-based mining giant Vale (NYSE: VALE) has announced that its Salobo mine has reached a capacity of 32 million tonnes per year after completing a successful throughput test for the…
Metals and Minerals Markets
Collective’s Apollo drill program at Guayabales hits grade
Collective Mining (TSXV: CNL; US-OTC: CNLMF) on Wednesday reported a fresh set of high-grade assay results from the Apollo porphyry system at the Guyabales project in Caldas, Colombia. At Apollo,…
Li-FT Power aims at first Yellowknife lithium resource in 2024
Li-FT Power (TSXV: LIFT; US-OTC: LIFFF) plans to publish an initial resource by the third quarter next year for its Yellowknife hard rock lithium project in the Northwest Territories, CEO…
VIDEO: Where battery technology is going – and what it means for miners
Battery technology used in electric vehicles is quickly evolving, and the direction it goes will have implications for the mining sector. At the recent Precious Metals Summit Zurich + Energy…
National security-driven policy decisions to recast critical minerals space in 2024
While governments around the world are beginning to understand the strategic importance of critical minerals, miners may struggle in 2024 to position themselves to benefit as states battle for control…
Vale’s Indonesia equity sale paves the way for billions in investment
A Canadian unit of Vale Base Metals, Vale’s (NYSE: VALE) copper and nickel spinoff, has agreed to sell a 14% stake in Vale Indonesia (PT Vale) to align with Indonesian…
Minaurum’s ‘drill to kill’ plan expected to pay off at Alamos Silver in Mexico
Minaurum Gold (TSXV: MGG; US-OTC: MMRGF) is planning to put together a first resource next year at the Alamos Silver project in Mexico, the company said in an early November…
Hudbay to release more realistic Copper Mountain plan
Hudbay Minerals (TSX: HBM; NYSE: HB) plans to publish a new technical report and mine plan for its recently acquired Copper Mountain mine in B.C. that will pull back overly…
Exterra champions carbon-negative mining with CO2-seizing tech
Exterra Carbon Solutions (ECS) aims to give miners a sustainability shot by converting process waste and carbon dioxide (CO2) emissions into stable, inert minerals, simultaneously mitigating environmental footprints, rehabilitating mine…
Credit rater Fitch upbeat on gold majors’ resilience amid hazy markets
Fitch Ratings of London has issued a stable credit outlook for global gold producers, citing their strong financial metrics and debt reduction despite higher inflation, interest rates and geopolitical risk….
Panama bans all future mining projects, sends First Quantum contract to court
Panama legislators approved a bill on Thursday that blocks all future mining concessions including exploration, extraction and transportation of minerals as well as contract renewals in the Central American country. The…
Lundin drilling signals strong resource growth ahead at Fruta del Norte
Lundin Gold (TSX: LUG) released a fresh set of drill results from its Fruta del Norte (FDN) gold mine in southeast Ecuador on Thursday suggesting significant resource growth potential for…