This is the second deal the Chilean miner signs with Vancouver-based Evrim Resource.
Molybdenum Mining News
Originally planned to raise $15M.
The Ecuador-focused miner said it has discovered "promising" new copper prospects at the Porvenir and Timbara projects, with rock chip samples graded up to 4.27% copper.
A preliminary economic assessment for a mine on Vancouver Island, British Columbia is showing promising economics - despite being in a jurisdiction challenging to build mines.
The Cascabel project is located in the northern portion of the Andean copper belt in Ecuador, renowned for hosting almost half the world’s copper known reserves.
Copper price rally cools after threat to global supply from top 5 Las Bambas mine is averted.
Industry highlights the topics they would like government officials to address during the Energy and Mines Ministers’ annual conference
The threat of a strike at one of British Columbia's biggest mines is no longer hanging over employees and management.
Canada could be back to producing tungsten again following the closure of the country's only tungsten mine in late 2015.
Having climbed almost 64% since the start of the year, investor sentiment towards SolGold appears to be quite positive.
The placing is at a 15% premium to SolGold's closing price on Thursday and at a 12% discount to its peak share price of 46.75p on May 26.
Whether we’re discussing the ancient merchants that traversed the legendary Silk Road, or the transfer of goods across modern border lines, trade has always been about building close relationships.
Experts believe the value of the nation's dawning industry is set to jump from $1.1bn this year to $7.9bn in 2021 on a combination of revised regulatory framework and significant gold and copper reserves.
On April 8, a line spilled 850,000 litres of process water
The country expects mining investments to increase 360% in the next four years compared to the 2013-2016 period as it has already granted 160 of the 420 explorations licences it put out to tender in July.
A number of suspensions, most notably Katanga Mining in the DRC, have contributed to a tight metal market.
With only a couple of exceptions, metal and mineral prices rallied in 2016 – see at a glance how far the industry has come.
Exchange rules the firm was not allowed to resume trading due to concerns about controversy-plagued Chinese majority shareholder Hanlong Group.
Production costs in Chile, the world’s No. 1 copper producer, were 5.4% higher last year when compared to its global peers’ average.
Activists say the Mount Hope project will have a devastating effect on local water supplies.
A World Conservation Congress’ motion urges the US government to prevent the granting of permits for large-scale mining.
Salvador, Codelco’s smallest operation, has been battling to turn a profit after dwindling ore grades pushed up production costs.
The news comes two weeks after Taseko revealed it was considering restarting the molybdenum circuit at Gibraltar mine, which has been idled since the third quarter of 2015 due to low metal prices.
In Idaho, a classic confrontation between a mining company and environmentalists is shaping up at the CuMo project located in Boise National Forest.
Alloycorp Mining Inc. (TSX-V: AVT), a junior miner that has been working on the reboot of a molybdenum mine in Kitsault, is going dark.