The investment will increase the mine's copper output by 45 percent by 2020, with the value of production exceeding $2 billion annually.
Molybdenum Mining News
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 company’s 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.
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.
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.