Antamina to spend $390m on mine reno

Fundraising by unlisted funds for investment in natural resource reached a record $93 billion last year.

The PFS outlines a mine life of 11 years and total recovered metals of 345,000 ounces of gold, 8 million ounces of silver, 254 million pounds of copper and 626 million pounds of zinc.

The company intends to update a portion of its inferred resource to the indicated category before the end of the year.

Cross-border concerns about mineral exploration and logging in British Columbia's Skagit River watershed may put a long-simmering campaign to close a hole in the middle of two provincial parks back on the front burner.

The company is targeting the project’s Margarita Vein, where it recently drilled the project’s best intercept to date.

The deal was largely in line with current spot treatment charges in China, which have soared to $240 a tonne from a low of $12.50 at the start of 2018.

The companies say that their OptiMine Analytics technology is particularly useful when it comes to dealing with failing equipment and regular maintenance.

According to Geoscience BC, every time its team runs projects like this one, new investment comes into the region at hand.

The project contains more than 30 million probable oz. silver.