The project joins two mines - one belonging to Goldcorp and the other to Teck Resources.
Copper Mining News
The metals business is one of the largest copper, zinc and lead concentrates merchants worldwide, according to Louis Dreyfus.
A scheduled hearing in a London court Friday was postponed as both sides worked to come to an amicable solution.
The mine, behind schedule ever since it began producing in May 2014, has been affected by a series of technical problems in its ramp-up phase, costing its owners hefty impairment charges.
Megastar Development wants to buy the Rama de Oro project located in the state of Oaxaca.
Seven mining companies submitted a proposal to the Mines Ministry insisting that the government reinsert a stability clause, contained in the 2002 code.
Indicated and inferred gold equivalent resources increased by whooping 208% and 172% respectively, when compared to the project’s maiden mineral resource estimate of 2015.
Recent data released by the Northern Australian Geochemical Survey reveal that there are potential copper hotspots on the Queensland-Northern Territory border.
Prices for most metals and minerals produced in the province continue to steadily recover from multi-year lows.
Australia's Lithium Power International and Canada's Bearing Lithium have sued Chile to block state-run Codelco from exploiting a lithium deposit where both have claims.
The Mining Association of Canada’s (MAC) Toward Sustainable Mining (TSM) initiative is an accountability program for social and environmental performance.
The CEO also forecast that the copper price will exceed $7,000 by the end of this year, as analysts at Bank of China expect.
Nevsun, who declined the offer for the fourth time, said the proposal undervalued its Timok copper-gold project in Serbia and that junior Euro Sun was “not an attractive partner”.
Congo's state miner Gecamines is seeking to dissolve Kamoto Copper Company (KCC), blaming Glencore for high debts that have weighed on the mine for more than 10 years.
The miner said it would take up to three months for stocks to return to normal, which will affect both projected output and sales in the six months ending June 30.
BC's Golden Triangle is now hot again after many years of neglect.
First Quantum said that Zambia's tax agency had demanded the taxes, saying they were on import duties, penalties and interest on consumables and spare parts.
Recycling of local, treated water is part of a sustainable approach to minimize Platreef’s environmental footprint.
A U.S. court ruled that the Chaupe family case against Newmont Mining Corporation should be heard in Peru - not Delaware, where the company incorporated almost 100 years ago.
The deaths brings the number of people killed at the company's operations this year to at least 10.
Anglo has a 4 per cent stake in Toronto-listed Nautilus.
Two more quakes were felt Friday near the company's Masakhane gold mine, which cause search and rescue operations to be momentarily halted.
Electric vehicle manufacturer has reduced cobalt usage in its batteries by 59%.
Contact has been made with three of the workers trapped at the company's Masakhane gold mine.
The miner and commodities trader is embroiled in a legal tangle over its copper and cobalt operations in Democratic Republic of Congo, where conflict and changes to regulations have deterred many mining firms.