The Kvanefjeld project would also be the world’s second-biggest rare earths operation.
Lead Mining News
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.
Far-reaching new mining rules ease a controversial ban on exports of nickel ore and bauxite.
Private capital funds raised $2.1 billion for mining and metals investment in 2016 – this year 13 funds are targeting $10 billion says new study.
Auryn Resources will use the C$41 million for 55,000m of exploration drilling across six gold-copper-silver projects in Canada and Peru this year.
With only a couple of exceptions, metal and mineral prices rallied in 2016 – see at a glance how far the industry has come.
TABLE: China's copper demand grew 11-fold in 15 years – the rest of the world shrunk. Sans China, the nickel market would've barely broken a million tonnes.
Moody's says base-metals will come under pressure in 2017 – and that includes the zinc price.
New report predicts US infrastructure spending promised by president-elect could propel global growth to highest since 2011 further boosting metals demand.