Skeena boosts Snip indicated resource by 237% to 823,000 oz
The increased tonnage in the indicated resource comes as the inferred resource shrinks to 499,000 oz. of gold.
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Cameco 2023 forecast down at Key Lake, Cigar Lake, McArthur River operations
Total production from operations is forecast to be 30.3 million lb. uranium concentrate (U3O8), down approximately 9%.
Chinese firms vie for $2 billion Botswana copper mine
Three Chinese groups are among suitors still in the race to acquire the Khoemacau project.
Codelco raises $2 billion in bond offering
The state-run miner is not only battling to reignite copper production which is at its lowest level in 25 years, but is also facing calls to rein in its debt.
Vale to start building Middle East ‘mega hubs’ in 2024
Vale had announced last year plans to develop the plants in Saudi Arabia, the United Arab Emirates and Oman.
Aura Minerals declares commercial production at Almas gold mine in Brazil
Approximately 4,661 ounces of gold were produced in August, with gross revenues of approximately $9 million recognized in the month.
Fortuna discovers new vein at San Jose in Mexico after labour dispute raises costs
The new vein, named Yessi, has a geochemical signature indicating a potentially different phase of mineralization containing a higher gold to silver ratio and low levels of base metals.
Sexual harassment persists at BHP after millions spent on women’s safety
The company recently completed a $191 million project to make its mining villages in Western Australia safer.
Zambia agrees to hand disputed copper assets back to Vedanta
The government, which seeks to triple copper output over the decade, is also searching for a new investor for Mopani Copper Mines.