The pre-production capital expenditure is $404M, which includes $105 million of capital cost required to upgrade the government-owned North Canol Road.
Zinc Mining News
The country’s energy ministry said he aimed to address the company's development plans in the coming weeks and according to a recent arbitration, which favoured Eldorado.
Despite mining contributing about 6 per cent of the country's GDP, a study revealed that almost six out of 10 of young Australians know nothing at all about mining careers.
"Lead from a raw materials side is probably the tightest commodity market out there."
The metals business is one of the largest copper, zinc and lead concentrates merchants worldwide, according to Louis Dreyfus.
Recent data released by the Northern Australian Geochemical Survey reveal that there are potential copper hotspots on the Queensland-Northern Territory border.
Nevsun, who declined the offer for the fourth time, said the proposal undervalued its Timok copper-gold project in Serbia and that junior Euro Sun was “not an attractive partner”.
La Oroya polymetallic smelter had been operated by Doe Run Peru, a unit of the U.S.-based Renco Group, from 1997 until the company went bankrupt in 2009 and its assets were transferred to a group of former creditors.
Zinc supply has been falling over the last few years as major mines reached the end of their lives and Glencore cut its own output.
Company is accelerating expansion of its African zinc operations to take advantage of a surge in zinc prices.
China's trade in industrial metals looks set for significant upheaval this year as the country adapts to fast-evolving supply chains.
Pan American Silver management has engaged with the protesters in a mediation process.
On the 20th anniversary of the breach of the tailings pond at the Los Frailes mine in Spain, environmental organizations held a press conference to alert the public about the possibility of a similar accident taking place.
Teck, which also mines copper, zinc and gold, said adjusted profit attributable to shareholders rose to C$753 million.
In the miner's fifth supply deal, Concord will take approximately 5 percent of production when it begins in the third quarter at the Century Zinc Mine.
China already actively seeking opportunities.
Agarwal, who has been hunting for a new Vedanta CEO for more than a year, has consistently sought talent from the world’s biggest miners.
The price of zinc fell to a four month low on Thursday – there's much more pain to come says new report.
In just four months, Glencore Plc chief Ivan Glasenberg has lost two of his closest business allies, billionaires Oleg Deripaska and Dan Gertler.
Vedanta could accelerate expansion of its African zinc operations to take advantage of strong prices.
A diamond drilling campaign is about to start at the Salobro Zinc Project.
The second largest ever private equity fund focused on mining closed in the first quarter – 13 funds aim to raise a further $4.9 billion in 2018.
Company now owns 90% of Compañía Minera Teck Quebrada Blanca, which main asset is the namesake copper project in Northern Chile.
Ruling rejects the Greek State's motion that Eldorado's technical study for a metallurgy plant in the country’s Stratoni Valley, was in breach of any agreements between the parts.
Cobalt, nickel still on the boil, but gloomier outlook reflected in copper price and fall in market value of top mining companies during first quarter.