July 6, 2011 HudBay to build new concentrator at Lalor, extends mine life HudBay Minerals now plans to build a new C$264-million concentrator and paste backfill plant at its Lalor zinc/copper/gold project, in Manitoba, rather than refurbishing an existing facility at the nearby…
July 6, 2011 HudBay completes Peru acquisition to up copper output 145% Copper-zinc miner HudBay Minerals said Wednesday it has acquired the roughly 2.5m shares in Norsemont Mining it did not already own, giving it 100% ownership. The acquisition is set to…
July 6, 2011 Outlook for copper murky at best Copper prices fell on Wednesday after China raised interest rates and Portugal’s debt joined the junk ranks but the longer term outlook for the metal remains murky. Arguments on both…
July 6, 2011 Arab League injection earns Texas miner $107m windfall After an initial 5% jump, shares in Arabian American Development Co was flat at midday on Wednesday on four times usual volumes following news of a $37m injection into the…
July 6, 2011 Zimbabwe could seize mines over local ownership Reuters reports Zimbabwe could take over mines that fall short of laws requiring them to sell majority stakes to locals by September, a government minister said on Wednesday. Mineral-rich Zimbabwe…
July 6, 2011 Zambian mines can react to any eventualities – Mines rescue body A mine rescue agency said that Zambian mines are well equipped and can react to any eventualities. In an apparent reaction to the recent development at Zambia’s sole nickel producer,…
July 6, 2011 First Point Minerals announces positive metallurgical test results for Decar project First Point Minerals Corporation announced positive metallurgical results from test work completed by Cliffs Natural Resources Exploration Inc an affiliate of Cliffs Natural Resources Inc CLF +1.35% FR:CLF +6.43% for…
July 6, 2011 Burundi plans to develop its nickel production Reportedly, Burundi, the Central African nation has planned to start nickel production next year after first discovering this stainless steel making ingredient more than 35 years ago. Because of lacking…
July 6, 2011 China’s Jinchuan trumps Vale’s Metorex bid Reuters Africa reported that the Jinchuan Group’s (FRA:GDZD) bid for Metorex (JNB:MEMTX) is higher than Vale’s (NYSE:VALE) offer. The market news is quoted as saying: Jinchuan, China’s dominant nickel producer,…
July 6, 2011 Oyu Tolgoi open pit starts receiving equipment as the whole complex makes good progress Late last month Ivanhoe Mines received $502 million from Rio Tinto following Rio’s decision to exercise all remaining share-purchase warrants that it holds in Ivanhoe Mines. Assembly of open pit…
Korean proxy fight threatens to derail Trump’s big zinc bet The case has the potential to disrupt the administration’s effort to spur domestic production of critical minerals. December 19, 2025 | 12:54 pm
