Move allows major companies to lease to juniors all or part of assets they are not actively developing.
Copper Mining News
The combination of the 4,700-hectare Troilus Gold property with the 11,309-hectare Troilus North property will create a 16,000-hectare exploration property in Quebec's Frotet-Evans greenstone belt.
The Vancouver junior mobilized a second drill rig and commenced drilling at two targets of its Bujagali mine.
Move followed the dismissal of 49 workers and eight supervisors, union President Ronald Salcedo said.
Frontier mine is a cornerstone of ERG’s copper business and is situated on the DRC-Zambia border.
The revised guidance is part of the company's ongoing progress in a number of low cost copper growth opportunities.
It is already being called by some experts “the thickest high-grade copper intersection seen in years.”
In the case of Rainbow Mountain, those in favor of conservation appear to have won out.
The inferred resource of 381 million tonnes was based on 98 diamond drill holes Eldorado completed mainly in 2017 and 2018 and a further 17 drill holes by European Goldfields between 2002 and 2004.
Participating in this study opens the door for a potential new supply source through recycling electric motors from the transportation industry in the future.
The planned industrial action is part of a longstanding dispute after Grupo Mexico fired the mine's workforce and reopened it in 2010.
Rio's interest in the area has sparked a stampede into adjacent lots by other explorers, who see Rio's aggressive activity as an indicator of a highly promising find.
Mining vast untapped reserves of bauxite, phosphate, gold, copper and uranium is key to the Saudi Arabia's efforts to diversify its economy away from hydrocarbons.
Over its almost 18-year mine life, Santo Domingo is expected to produce an average of 134-million pounds a year of copper, 4.2-million tonnes a year of iron concentrates and 17,000 annual ounces of gold.
By analyzing the age of known deposits, researchers get clues of where to find unexplored ones.
The Chapitos project is located in the Peruvian Iron Oxide Copper Gold belt.
Congo is Africa's top copper producer and the world's leading miner of cobalt.
SolGold said that its Alpala project in Ecuador's Cascabel region was around double the size and grade quality it was known to be in December 2017.
King Salman inaugurated the Waad Al-Shamaal mining project, which is expected to boost the kingdom's GDP by $6.4 billion and its non-oil GDP by 3%.
It was supposed to be a year of mine disruptions, with the market anticipating that multiple labour contract expiries would result in at least one strike.
Operations at Driefontein, Kloof and Beatrix mines were halted late on Wednesday.
Mining companies operating in Zambia include NFC Africa, majority owned by China Non-ferrous Metals Company Limited (CNMC), Canada’s First Quantum Minerals, Glencore, Barrick Gold and Vedanta Resources.
The company’s chief financial officer has outlined a detailed plan on how to not waste a whole lot of shareholders’ money again.
Lower-grade shoulders are being left on the walls and only the higher-grade portions are being extracted.
Deal with the Alaska Peninsula Corporation (APC) secures the company's right to use defined portions of APC lands to build and operate roads for the stalled Pebble copper-gold-silver project.