There is a porphyry copper-molybdenum-gold system at the Espiritu SMR property.
Molybdenum Mining News
The deal closed for C$31 million.
On the positive side, the Andean country's iron ore production grew by 66.8% when compared to the previous year.
Since the mid-1990s, the company has run a waterfowl observation and hazing program at its 182-hectare Berkeley Pit but in late 2016, several thousand snow geese died at the toxic pit.
Changes to an existing provincial law propose a new Special Mining Rate.
Victoria's government wants to spend $220 million on exploration and drill one million metres by 2023.
A “scoping report” based on 175,000 comments will be published in August 2018.
First Quantum will invest $1.5 million to advance exploration work at the Orquideas and Cascas assets in the first year, with the option of investing an additional $37 million over the course of the subsequent four years covered by the deal.
The investment will increase the mine's copper output by 45 percent by 2020, with the value of production exceeding $2 billion annually.
MINING.com discusses the state of private equity investment in mining with Michael Scherb founder of Appian Capital.
New First Nations led campaign calls for improved mining practices and better regulation in British Columbia
Province’s contribution to a clean energy future at risk unless changes are made.
The project joins two mines - one belonging to Goldcorp and the other to Teck Resources.
Healthy demand for molybdenum rich stainless steel, especially from the oil and gas industry, plus sluggish supply growth are expected to keep the price of this minor metal riding high.
Results from 11 of the 12 drilling rigs at its 85%-owned Cascabel copper-gold project, suggest there is much more intense mineralization in the property than thought earlier, the company said.
Environmental assessments already underway will continue under the current process.
The U.S. Army Corps of Engineers has accepted Pebble Limited Partnership’s wetlands-fill permit.
This is the second deal the Chilean miner signs with Vancouver-based Evrim Resource.
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.