Cochilco says large-scale copper mining costs keep growing
The direct cost reached 198.8 cents per pound, a year-on-year increase of 39.6 cents, the report found.
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Wesdome drills 64 g/t gold along western extension at Eagle River mine
Guidance for Eagle River this year is 80,000 to 90,000 oz. of gold.
Teck stock drops to seven-month low on rising cost of flagship copper mine
The Quebrada Blanca 2 project would now cost between $8.6 billion and $8.8 billion, compared with an earlier estimate of $8 billion to $8.2 billion.
Nigeria seeks to tighten rules to curb raw mineral exports
The country has lithium, gold, bitumen and iron ore deposits and is intent on emulating nations such as Indonesia in climbing up the commodities value chain.
Botswana’s ODC halts diamond sales as industry seeks to reduce glut
ODC holds 10 auctions a year to sell its 25% allocation of production from Debswana.
Amplats Q3 refined PGM output down 9%, maintains production guidance
The world's biggest platinum miner by value produced 909,700 ounces of refined PGMs in the three months to Sept. 30.
Anglo American lowers 2023 copper production guidance
Anglo expects to produce between 830,000 and 870,000 metric tons of copper this year, lowering a previous forecast of 840,000 to 930,000.
Australia boosts critical minerals fund by over $1 billion to attract international investors
The $1.3 billion boost will increase the capacity of Australia’s Critical Minerals Facility to finance mining and processing projects for materials.
Rock Tech Lithium to raise $7.3 million for Georgia Lake, converter projects
Located 160 km northeast of Thunder Bay, Georgia Lake is planned as an open-pit and underground mining project.
