Iamgold unveils 90% cost increase at Côté project
Completing the asset's development would require between $1.2 billion and $1.3 billion, compared to a previous $710 million - $760 million estimate.
Cecilia Jamasmie , Editor-in-Chief
Posts by Cecilia Jamasmie:
Hochschild Mining gets construction green light for gold project in Brazil
Commercial production at Posse gold project, in the central-west Goiás state, is slated to begin in the first quarter of 2024.
Chile rejects Anglo American’s $3 billion Los Bronces expansion
Project would allow the company to tap higher grade ores from a new underground section of the mine, extending its life through 2036.
Colombia rejects AngloGold’s appeal over Quebradona license shelving
The regulator's decision means the company will have to file a new EIA for the copper-gold project if it wants to proceed with permitting.
Sandstorm Gold buys two royalty firms for $1.1 billion
Sandstorm is acquiring Nomad Royalty for $590 million, as well as nine royalties and one stream from BaseCore Metals for $525 million.
Antofagasta opens remote operations centre at Centinela mine
The Chilean miner inaugurated this week a $66 million IROC for its Centinela copper mine in the country’s north.
Eldorado Gold to resume Skouries construction in H2
Progress at the project, halted since 2017, has sped up in the past year thanks to a fresh deal between Eldorado and Greece.
Glencore hails trading unit outlook, cuts copper guidance
It said earnings from its marketing unit will “comfortably” top the highest end of its guidance range of $2.2 billion to $3.2 billion.
Galantas Gold to kick off operations at Irish mine in June
The past producing Omagh mine in Northern Ireland is expected to yield between 4,500 to 5,500 ounces of gold for the balance of the year.
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.
