Panoramic Resources' first shipment from the Savannah mine contained 7,735 wmt of nickel/copper/cobalt concentrate valued in approximately $6.1 million.
Copper Mining News
The company is working with several wearable technology providers so companies can monitor biometric and environmental data to identify whether employees are experiencing dangers or risk, beyond a equipment failure.
Coal and copper generate almost 70% of Mongolia's total export revenues and most of its mining output is sold to neighboring China.
The miner has added 780,000 indicated ounces of gold to its Doropo project in Cote d’Ivoire, taking the its overall resource to over 2 million ounces.
Historical measured and indicated resource at the property are of 2.57 million tonnes at a grade of 117 g/t Ag for a silver resource of 9.63 million ounces.
Yamana Gold’s stock was up 4.65% in after hours trading.
The optionee must spend $4 million on exploration, pay Casa $550,000 and issue Casa 2.5 million shares in yearly stages.
Poised to supply a global market that’s tipping into deficit gives First Quantum Minerals Ltd. a chance to prove its $10 billion investment was worth all the trouble.
US-China trade spat benefitting copper miners as tariffs on scrap imports boost concentrate shipments 17% to nearly 2m tonnes.
Nussir says the area contains an estimated 72 million tonnes of copper ore - Norway's largest reserve.
Yauricocha's reserves are, in the proven category, 1.8 million tonnes and a little over 7 million tonnes in the probable category.
The company recorded revenue of $377.1 million and adjusted net earnings of $29.0 million.
Iron Creek contains 26.9 million inferred tonnes grading 0.08% cobalt and 0.3% copper for 46.2 million lb. cobalt and 176.2 million lb. copper.
Maintenance and slower ramp-up last year caused a reduction in copper cathode output by 26,000 tonnes.
Peru's environmental regulator OEFA has concluded that mining waste from the company's Cuajone mine did not spill into a river during heavy rains last week.
The company pinned the cost increases partly on mining ending at its low-cost Cortez Hills open pit in Nevada in the first half of the year.
Canada’s largest diversified miner saw its quarterly profit drop 41.5 % from the year earlier, amid lower prices for copper, zinc and oil.
Improving battery technologies will mean that even long-haul trucks could be economically electrified during the second half of the next decade.
Osisko Metals considers the exploration potential to be high both at Key Anacon and adjacent properties it owns.
The autonomous Papua New Guinea region of Bougainville has rejected controversial changes to its mining law.
The companies 112 percent rise in net income in all of 2018 was due mainly to higher sales and lower taxes.
The company reported $2.567 billion in revenues for the fourth quarter, down slightly from a year earlier.
The country's environmental agency OEFA detected a "flow of a greenish solution" into the nearby Torata River in the waste deposit area of the copper mine, located in the Moquegua region.
According to the industry group, such reform would encourage additional investment in capital and technology.
The wet season in the austral summer has caused havoc in northern Chile.