Oroco shares rise on PEA for Santo Tomas copper project in Mexico
Over an approximate 20-year mine life, the Santo Tomas project would have total payable copper production (in concentrate) of 4.75 billion lb.
Latest Stories
Vale creates company to sell sand from iron ore tailings
The company wants to reduce the disposal of such materials in dams or piles following major disasters.
Nigeria to require mining firms to invest in domestic processing
Government wants to boost processing and refining of metals like lithium and zinc within the country.
Ancient nickel-eating microbes can teach us valuable biomining techniques – study
Methanogens are ancient life forms that still exist today. They power their metabolism by breaking down rocks and minerals.
Rio Tinto cuts Canadian iron ore guidance
The Iron Ore Company of Canada, in which Rio has a 60% interest, is now expected to reach 9.3-9.8mt, down from the 10-11mt set in July.
Glencore to shut Mount Isa copper mines by 2025, cut 1,000 jobs – AFR
Move will result in the loss of about 1,000 jobs, though it will keep its refinery and smelters open in North Queensland.
Newmont starts ramp-up at Peñasquito as strike ends
Return to normal operations at Mexico’s largest gold mine is expected to take several weeks, and Newmont vowed to update markets next week.
Winshear Gold moves on from Tanzania project, takes $30 million settlement
Winshear is one of three mining companies that have requested compensation from the Tanzania government through the ICSID tribunal.
Newcrest reports lower quarterly gold output on maintenance shutdowns
Planned maintenance activities at the miner's Cadia, Telfer, Brucejack projects resulted in a lower throughput.
