Zambia reinstates GoviEx’s Chirundu licence
The licence was cancelled in July 2020 and its reinstatement is subject to the completion of exploration and development milestones.
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Spanish Mountain PFS looks to 2.1moz gold in reserves
Average gold production would be 183,000 oz over the first six years and 150,000 oz over the life of mine.
VIDEO: Deadly shootout in Brazil’s Amazon as illegal miners enter indigenous lands
At least three illegal gold miners have died inside the Yanomami reservation in northern Brazil after clashes with locals.
Atlantic Nickel hires banks to explore options
Its sale process with Citi and Standard Chartered is the most advanced, with potential buyers currently working on first-round bids.
Eramet obtains lithium from geothermal brine in eastern France
The European Union last year added lithium to its critical raw materials list as essential for a shift towards electric vehicles and energy storage.
Iron ore price rally slows as China moves to cool speculative flows
The Dalian Commodity Exchange vowed to “severely punish” unspecified violations in iron ore trading.
Copper price hits new high on declining scrap supplies
Chinese refined metal imports have been trending lower since the start of the year and continued doing so in April.
Grupo Mexico plans $3.1bn Baja, refining spend
The six-year investment blueprint includes a $2.3bn expansion to existing smelting capacity in Sonora and $815m for major new electricity lines for the Baja California peninsula.
First Cobalt doubles land position at Idaho project
The Iron Creek project is one of the few primary cobalt deposits in the world.