Chile investigates collapse at Antofagasta Minerals mining project
Environmental regulators have launched an investigation after tidal waves caused the collapse of a construction platform at Los Pelambres.
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Cost inflation hit miners’ Q2 results but might signal an attractive buyback chance, says BMO
Many miners have raised their unit cost guidance during their June-quarter financial reporting, signalling an intensification of a trend picked up on during the first quarter.
Pure Gold management faces the music following ‘torturous’ Q2 report
Pure Gold said output fell during the second quarter due in part to cash-preservation measures taken by the company while negotiating financing agreements.
In northern Chile, miners ask government to curb crime, robberies
The local mining industry has for years reported the theft of goods such as copper by organized gangs.
Why BHP reckons China’s economy is poised to improve
China’s infrastructure and automotive sectors are “already responding to policy support,” although a rebound in housing activity is expected to take longer, the producer said.
Magna Mining acquires Crean Hill mine with Lonmin Canada takeover
The aggregate purchase price for the outstanding shares of Loncan will be equal to C$16 million.
VIDEO: VMS deposits present exciting new zinc-copper-gold discovery opportunities in Mexico
Volcanogenic massive sulphide deposits have been a core source of copper, zinc and sometimes gold mineralization for over 150 years and remain the mainstay of some major mining camps worldwide.
Benchmark completes PEA on Lawyers gold-silver project in British Columbia
Over its 12-year mine life, the Lawyers mine is expected to produce 141,000 oz. of gold and 2.2 million oz. of silver annually.
Looming copper squeeze may force market to seek a recycling fix
Annual copper demand is set to expand 53% to 2040, mainly driven by the electrification of transport and infrastructure, BNEF analysts said.
