The country's ultimate objective is to have its own space mining agency by the end of the year.
Lead Mining News
A new lead and zinc mine in northwestern Cuba is on track to start production in October as part of the Caribbean island's attempt to breathe fresh life in its mining sector, the joint venture Emincar overseeing the project said this week.
New report shows lead swinging into 91,000 tonne deficit and zinc undersupply increasing by a third to 178,000 tonnes during first five months of 2017.
An updated resource estimate and PEA in Q3/17 by a large exploration company will include plans for expansion after steady progress and a recent high-grade discovery at its Mexico project.
The bill, approved by a vast majority, defines the conditions companies must fulfill to get a licence for launching a space mining mission.
NFEx says in talks with several clearing houses
Combined worth of 50 largest mining companies grow to $768 billion during first half of 2017, but a few big names drop down rankings.
The online marketplace, named Open Mineral, will let miners put up tenders for their concentrate directly to end-users.
The company may be able to begin developing the potential open-pit Century project in Ontario by 2023.
After acquiring Goldcorp's 21% in San Nicolás, Canada's largest diversified miner will be the Zacatecas-based copper-zinc project sole owner.
The asset, in the state of Zacatecas, is located about 50 kilometers (31 miles) from Goldcorp’s flagship Peñasquito mine.
More supply will likely drag prices lower, as the metal already touched a one-year low of $8,680 per tonne on the London Metal Exchange last week and is down more than 10% this year.
Energy minister George Stathakis said the move aims to ensure the company respects its contractual obligations.
Trilogy Metals’ most recent resource update at the Arctic zone in Alaska was pretty impressive, as the deposit is now expected to contain a pit-constrained (!) resource of 36 million tonnes at an average grade of in excess of 3% copper, 4.23% zinc, 0.73% lead, 0.63 g/t gold and approximately 1.5 ounces of silver per tonne of rock.
If NASA is successful in its mission to 16 Psyche, one of the most massive asteroids found between the orbits of Mars and Jupiter, humans will have a first ever chance of exploring a world made of iron, not rock or ice.
The deal, worth about $400 million, will make Trevali the first pure zinc producer with operations in North and South America as well as Africa.
New World Bank outlook for commodities predict 32% price jump for zinc and 18% for copper and lead, but outlook for nickel price in 2017 is murky.
The Indonesian unit is now in the process of obtaining a full export permit.
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.