Brisbane-based Minquest says buying plant of bankrupt zinc miner could save it $150m–200m to bring nearby copper project into production.
Teck Resources Ltd. (TSX:TCK.B)(NYSE:TCK) reported increased profit in 2015’s second quarter but as commodity prices slide, the company sees a greater risk of its credit rating being demoted from investment-grade.
The Vancouver-based miner profit fell 21% in the quarter, making it adjust its 2015 coal production forecast to 25-26 million tonnes from 26.5-27.5 million tonnes.
Base metals prices are feeling the undertow but Stefan Ioannou, mining analyst with Haywood Securities, says that this is temporary—and that investors may not have to wait long for the next wave of higher zinc and nickel prices.
The Arkyd 3 Reflight (A3R) will spent its three-month orbiting mission sending back data to a group of scientists based at the firm’s headquarters in Redmond, WA.
The Chamber of Mines wants the government to reconsider its decision to hike corporate income tax rate on mineral processing from 30% to 35%, which came in effect July 1.
Billions wiped from mining sector as gold, silver prices fall and copper, iron ore prices plummet to 2009 levels amid Chinese stock market collapse.
About 200 jobs.
Sunday's fiasco was the third major failure for America's commercial space industry in less than a year.
Bear market is more than 1,000 days old and nearly 1,200 companies have dropped off the Toronto venture market.
The move puts an end to a nearly nine-month standoff that has hit output and profits in Africa’s second largest copper producer.
Teck is facing sanctions over infractions that include openings in the deposit where the ore is stored and a failure to build sufficient water infrastructure.
The mineral riches of the world’s ocean floor are an emerging frontier for mineral resources and innovative new mining technologies.
There has been a solid but quiet performer in the commodities sector recently. Flying largely under most investors’ radar is zinc, up 3.9% in 2014.
The mill feed is expected to be processed for gold, silver, copper, lead and zinc.
Bacteria, those microscopic organisms, are among the unlikely heroes for researchers and mining companies working to establish economic methods to access difficult to extract or low value ores.
The Gold Report, quizzed Chris and Dr. Michael Berry, authors of the Disruptive Discoveries Journal, on how investing has changed over the years in the gold, silver, niche metals and energy space, and what they are investing in today to make sure they survive to see the next cycle.
A third of money raised is destined for Canadian projects while Australia's share of global total drops to only 5%.
The country's national pension fund has bought 15.9 million shares of Zambia's Consolidated Copper Mines-Investment Holdings for almost $80 million.
Peru is the world's third-largest copper, zinc and tin producer, it is the second-largest producer of silver and fifth-ranked gold producer. via Peru's copper, gold, zinc production rises, silver falls in April – Metals | Platts News Article & Story.
The 12 Top Pick companies at the Metals Investor Forum all share an essential trait: momentum. Despite all that the markets have thrown at them, they continue to pragmatically advance their projects towards increased shareholder value.
One of the most frequent questions I get is regarding how and where asteroid mining will happen. As in golf, asteroid miners “will play it as it lays.”
Mines minister Christopher Yaluma said reducing royalties below the recently revised 9% would make underground mining more cost effective.
Capacscaya also has significant amounts of copper, zinc, cobalt, aluminum and iron ore.
Arispe and Carrión highlight the mining-friendly government, the new production from many sources and point to several juicy projects that lack only the means to further unlock Peru's mineral riches.
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