Continental tables resource at Buritica’s BMZ1
The company recently closed a $175 million financing package that it will use on mine construction and start-up.
Latest Stories
Miner Vale quashed efforts to validate dam safety before disaster – prosecutor
A state prosecutor filed subpoenas with Vale last June to review safety documents regarding its dam, but Vale's lawyers later argued that they had received positive reviews by an auditor.
SK Innovation CEO sees EV battery business breaking even by 2021
The South Korean company is weighing a $10B plan to use new facilities to boost its battery cell manufacturing capacity to about 100 GWh by 2025, a move that would challenge sector leaders including Tesla.
Coal mining comes back to the UK with $218 million project
West Cumbria Mining plans to open the country’s first new deep coal mine is a step closer after councillors in the English county of Cumbria unanimously approved the project.
Cyclone lurks off West Australia as storm hits Rio mine in East
Cyclone Trevor is expected to rapidly strengthen as it moves into the Gulf of Carpentaria, and is forecast to skirt South32 Ltd.’s manganese mine and a Glencore-operated zinc project
Silver demand in India set for 4-year high on farm cash payout
Silver prices in India have been relatively stable for the last two years, and are about half their 2011 peak.
Zinc price builds on 2019 rally as stocks reach just 2 days consumption
Inventories are down 55% this year and are on course to reach levels last seen in 1990.
Data scientists and geoscientists offered A$1m to predict next big mineral deposit in South Australia
The idea is to speed up the exploration lifecycle and allow miners to analyse information at a much faster rate than before.
Australian scientists developing tool capable of delving deeper into Earth’s rock layers
The experts from Curtin University say the mechanism promises to be crucial for the country's mining and petroleum sectors.
