Adventus-Silvercorp deal to go ahead following favourable court ruling
In April, Silvercorp agreed to buy Adventus and its 75% interest in the El Domo copper-gold project in Ecuador for $145 million.
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OceanaGold stock falls on lower Q2 output
Gold production for Q2 2024 came in at 98,200 oz., down almost 25% from the 2023 quarter.
Victoria Gold CEO says company won’t fold, contamination minor
The company says it has conducted a seismic survey to help assess the integrity of the heap leach pad’s embankment and it’s increased its geotechnical monitoring.
China’s copper buyers make cautious return after prices slump
China’s copper market is showing a tentative improvement after a months-long slump in demand.
BHP says iron ore supply not affected by minor rail car incident
According to the company, two cars derailed at a railyard near Port Hedland in Western Australia.
Liontown kicks off lithium production in Western Australia
The Kathleen Valley lithium mine is expected to reach production capacity of 3 million tonnes per year in early 2025.
Rio Tinto open to major acquisitions to meet copper goals
CEO Jakob Stausholm noted that buying quality assets in the current “hot market” would be “seriously" expensive.
Codelco working very hard to boost copper output, CEO says
He added that Saudi Arabia mining officials who he met with the day before showed interest in Codelco's Maricunga lithium project.
Rio Tinto half-year profit meets estimates, expects good demand in China
The world's largest iron ore producer reported underlying earnings of $5.8 billion for the six months.
