Foraco wins $60m deep directional drilling contract with BHP Olympic Dam
The contract is signed for three years firm plus two optional years extension.
Latest Stories
Silverton Metals to buy Margaritas gold-silver asset in Mexico
The property consists of two concessions, Margaritas and Ampliacion las Margaritas, totalling 500 hectares.
China’s EV growth forecasts are starting to look shaky
After all, who wants to spend big bucks on a vehicle right now in China?
Commodities turn higher as China loosens its virus restrictions
Industrial commodities in China mostly rose as the number of covid-19 cases fell and the government began to loosen the restrictions.
Uranium investors await price rally to revive Namibia projects
Uranium miners are waiting for prices to recover before reviving projects in Africa’s biggest producer of the ore.
Shrinking stocks likely mean more LME metal price volatility
Overall stocks in LME warehouses have fallen below 900,000 tonnes from levels above two million tonnes in January 2021.
Researchers demonstrate feasibility of using less cobalt, nickel in Li-ion batteries
Japanese scientists have demonstrated the feasibility of synthesizing electrode materials for lithium-ion batteries using inexpensive elements.
In Bolivia’s silver mountain, artisanal miners turn to coca and the devil
They live off what they earn from the scraps of silver they find in Cerro Rico, which is slowly sinking and collapsing onto itself.
Workers at Baffinland ask Canada to approve mine expansion
Unionized workers at Mary River iron ore mine are asking Ottawa to approve the miner's request to increase shipping limit.
