Equinox sells Koricancha mill in Peru to Inca Gold in $12.4 million-deal
Koricancha is located about 50km from Inca One’s own processing facility and the potential to produce 50,000 to 75,000 ounces of gold a year.
Latest Stories
Copper tumbles below $6,000 as China sends metals into freefall
Copper crashed through $6,000 a metric ton for the first time in a year and is headed for its biggest monthly drop since 2015.
Tariffs lay bare Washington’s rare earths dilemma
Yttrium is just one a host critical minerals on the list of Chinese imports targeted for the next escalation of the simmering trade war between the two countries.
Paulson & Co to ask Detour Gold for special meeting for board overhaul
Paulson & Co has threatened to replace Detour's board if it does not successfully explore strategic alternatives, including a sale, and look for a new chief executive.
De Beers buys Canada’s Peregrine Diamonds for $81 million
Canadian firm is the sole owner of the Chidliak diamond project in Nunavut.
Miners wrote off almost one-third of investments over last decade
From the $939bn invested in major projects between 2008 and 2017, the world’s top 40 mining companies by market cap. wrote-off $273bn or 29% of the initial capital outlay.
London Metal Exchange moves further towards launch of lithium contract
The London Metal Exchange has asked companies that assess prices of battery-grade lithium to submit proposals to supply a reference for the cash-settled contracts it plans to launch next year.
UPDATED: Paulson plans to replace Detour board, explore sale of company
Major is interested in acquiring Detour.
Guinea’s mining minister says there will be Simandou deal, talks go on
Guinea is in constant talks with Rio Tinto and Chinalco to finalise a deal on the Simandou iron ore project, its mining […]
