Hochschild cuts production targets after pretax-loss
Revision of its 2023 production guidance comes as the miner saw a pre-tax loss of $66.1 million in the first half of the year.
Cecilia Jamasmie , Editor-in-Chief
Posts by Cecilia Jamasmie:
Northern Dynasty updates Pebble PEA, adds southern access route
The 2023 PEA provides fresh production, financial and cost estimates, detailing an infrastructure plan for the “southern route” of access to the mine.
Protests cast doubt on approval of First Quantum’s contract in Panama
Locals called for a national march to demand the rejection of a deal between First Quantum and the government over the giant copper mine.
Trident invests $10 million in Utah lithium project
Trident is acquiring a 2.5% net smelter return royalty from Atherton Resources covering Anson Resources’ flagship Paradox lithium project.
Talga keeps permit for graphite mine in Sweden
The Swedish Court of Appeal has rejected a bid to appeal the grant of a permit for Talga's Nunasvaara graphite mine.
Anglo American receives OK for El Soldado’s $40m project
The operational continuity plan for El Soldado copper mine will extend the productive life of the asset by ten years — from 2027 to 2037.
Fortescue CFO leaves three days after CEO’s departure
Christine Morris was appointed CFO of Fortescue's metals division in June and assumed the role in early July.
Codelco woes mount with potential rating cut by Moody’s
Moody’s Investors Service potential downgrade adds to Codelco's worries, including rising debt, declining ore grades and inflation.
Savannah nears full ownership of Barroso lithium lease
The Aldeia lease transfer would expand Barroso’s resource base as Savannah targets EU lithium supply and advances permitting.
