At least three Chilean copper mines halted due to heavy rain
Codelco has halted operations at its Chuquicamata and Ministro Hales copper mines; Freeport-McMoRan suspended El Abra.
Cecilia Jamasmie , Editor-in-Chief
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Hundreds evacuated in Brazil on fears over mining dams safety
About 700 people were evacuated from two towns located near tailings dams operated by Vale and ArcelorMittal on mounting fears after last month's breach at Brumadinho, the country's deadliest mine disaster.
Trilogy Metals, South32 increase exploration budget for Alaska projects
Each company will contribute an additional $1 million for exploration at the Upper Kobuk mineral projects.
First Quantum inks $2.7B refinancing deal
Company has signed a new $2.7-billion term loan and revolving credit facility, replacing the existing $1.5 billion one.
Gem Diamonds finds from iconic Lesotho mine drop, shares slump
The company unearthed three of the 15 diamonds over 100 carats it found in 2018 in Q4, but carat recovery dropped by 17% to 29,523 ct in the period.
Russia’s Nordgold to invest over $360m in Guinea mine
The Russian gold producer has received a 15-year mining permit for its Lefa mine.
Friedland confident Congo copper mine will be world’s second-largest
The founder of Ivanhoe Mines said the Kamoa-Kakula project is “on track to become one of the absolute greatest copper mining complexes in the world.”
Calidus shares soar after upping Warrawoona gold resources by 75%
Total mineral resource was upgraded to 21.2 million tonnes at 1.83g/t gold for 1.25 million ounces, up 75% from December 2017.
Thor Explorations to build Nigeria’s first large-scale gold mine
Company envisions construction beginning in the second quarter of the year, followed by an 18-month building period.
Ford says carmakers may need to invest in cobalt mines soon
Carmakers may have to consider investing directly in cobalt mines in order to secure supply over the next three to five years, according to ord Motor Co. senior manager for energy storage strategy and research Ted Miller.
Wheaton lands $4.3B BHP silver stream, enters Australia
Major deals in Peru and Australia expand production reach and secure long-term precious metals supply streams.