Orezone secures $105 million funding for Bomboré mine expansion
The company estimates that its annual gold production will increase to over 170,000 oz. in 2026, an approximate 50% increase from current levels.
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Iron ore’s $100 price floor at risk of collapse from jump in supply
A wave of cheap supply starts to build in West Africa.
Indonesia considers reopening bauxite exports
Indonesia banned exports of bauxite in mid 2023 to encourage domestic processing of the minerals.
Global lithium sector eyes Argentina’s salt flats on tech test run
Eramet is being closely watched by competitors from the US to Chile that are also working to commercialize DLE.
Codelco’s copper output edges up in May
Codelco produced 111,700 metric tons of copper in May, up a slight 0.7% from a year earlier.
CMOC to double copper output at Congo mines to 1 million tonnes by 2028
The Chinese miner produced about 420,000 tonnes of copper in 2023.
Barrick to boost Mali exploration as regulations shift
Mali's mining code has recently undergone a significant review, resulting in a new set of rules in force since July 3rd.
Nexa Resources in talks to sell Peru copper project
The Latin America-focused miner has confirmed ongoing negotiations linked to a possible sale of the $655 million Pukaqaqa project.
Mining’s top 50 companies: two more lithium stocks drop out
The world’s 50 biggest miners gained a combined $42 billion during Q2, but the ranks of lithium stocks in the top tier have halved as valuations plummet.