Chile fines Lundin mine $9 million for environmental infractions
The Caserones copper mine has been fined the equivalent of $9 million for serious water-use violations.
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Codelco requests permit for $2.5 billion Ministro Hales mine extension
The project aims to boost production capacity of copper concentrate from the current 700,000 metric tons a year to 830,000 tons.
How Madison Metals plans to disrupt junior finance with a uranium token
Cryptocurrency trading gave the CEO an idea for a new source of capital for the junior, which holds a suite of Namibia-based uranium assets.
Huge Chinese state iron ore buyer still an unknown quantity
The firm that’s poised to upend the $160 billion global trade in the steel-making staple still doesn’t have a website, or any public contacts.
Barrick reiterates 2028 first production for Reko Diq project in Pakistan
The project has been over a decade in the making and is said to boast world’s largest undeveloped copper-gold deposits.
Mexico says trade deal does not apply in Grupo Mexico mine labor dispute
A Mexican court ruled in favor of the workers' union in June, ordering Grupo Mexico to pay back wages and benefits.
Caterpillar soars to record as profit beat allays slowdown fears
Its stock rose as much as 8% Tuesday after the heavy-machinery maker posted earnings and revenue that both exceeded the highest analyst estimates in a Bloomberg survey.
Equinox calls Greenstone 85% complete, first gold pour in 2024
The project will be one of Canada’s largest gold projects, producing more than 5.0 million oz. of gold over its initial 14-year mine life.
China’s metals and mining investment overseas to hit record in 2023 – report
Chinese investments and new contracts in the metals and mining sector topped $10 billion during the first half of 2023, a 131% growth year-on-year.