The Indonesian unit is now in the process of obtaining a full export permit.
Lead Mining News
New report says despite a slowdown in China, falling mine production will push lead prices higher over the next five years.
Precious metals expert Michael Ballanger explains why he believes base metals are overbought and precious metals, especially silver, are set to appreciate.
The Canadian miner also said it has obtained better terms for concentrate sales from the project, which are likely to add 15,000 ounces of payable gold production a year.
Zinc ends week up 6.7% – RBC says more price gains ahead.
Every four years, the American Society of Civil Engineers (ASCE) releases its report card on the condition of America’s infrastructure, and for the second time since 2013, our nation’s roads, bridges, waterways, airports and more scored a barely-passing D+.
The $400 million-deal will make of Trevali the first pure zinc company with operations in North and South America as well as Africa.
The Kvanefjeld project would also be the world’s second-biggest rare earths operation.
Find out what Mickey Fulp learned from his biggest investing mistakes
Study shows mining has sparked "unparalleled inorganic compound diversification" like rabbittite at Lucky Strike, Utah and a handful found on smelter walls
Miners and explorers are only spending a third of what they did four years ago – and proportion of greenfield exploration are at record lows.
Wall of copper supply never materialized, nickel market recorded first deficit since 2010 and zinc, lead will only get tighter in 2017.
Silver is mainly a byproduct of zinc, lead (and copper) mining and capacity coming back on stream could see return of silver's chronic oversupply issues.
Majors and juniors swap roles in $7 billion a year mining exploration sector
Despite hosting three mountain ranges (cordilleras) which belong to the Andes system- a prolific mineral terrain - Colombia is not a mining nation.
The firm has not been able to ship copper from the mine in over a month due to a ban on concentrate exports that kicked in on January 12.
Miner says that each month of delay in obtaining approval to export means production would be reduced by 70 million pounds of copper and 70,000 ounces of gold.
Seaborne coal, tin prices are the big exceptions.
Judge revoked an interim order that prevented the company from relocating graves present at its Platreef platinum group metals mine, in Limpopo Province.
New report forecasts 20% improvement in nickel price by end-2017 – copper, lead, zinc, gold, silver to retreat.
Frank discusses the gold and bond markets and how they have been driven by global uncertainty.
Government is considering to extend the miner a temporary permit, valid for up to six months, which would pave the way for Freeport to resume exports from Grasberg.
Gold price to drop 8% in 2017 according to bank's January Commodities Outlook, but industrial metals face much better prospects.
"The run-up in base metal prices, particularly after the US Presidential election, may be getting ahead of fundamentals."
As part of the world's third largest gold producer by market value's ongoing efforts to focus on highly profitable, core assets.