The company said its largest shareholder Pala Investments was set to provide a further US$41 million through an amended credit facility, and its senior project lender KFW-IPEX Bank had agreed a "significant deferral and extension" of its debt facilities.The company's new president and CEO Randy Buffington, who was appointed last week, said the improvements provided "significant additional runway"...Read More
Look beyond market approach to project valuations: van ZylLeadership3 things that help keep capital projects on trackSPONSOREDproudfootAmerican Pacific building US copper positionSPONSOREDamerican pacific miningAntipa demonstrates high CalibreSPONSOREDantipa mineralsGold rose 1.7% to US$1,793 per ounce, silver 2.35% to $$23.11/oz while copper jumped more than 4% to $4.Read More
3 things that help keep capital projects on trackSPONSOREDproudfootAzure eyes province potential ahead of Andover resourceSPONSOREDazure mineralsAmerican Pacific building US copper positionSPONSOREDamerican pacific miningConcession and pre-construction accelerates world class Potash MineSPONSOREDhighfield resources"Hydrogen presents a significant opportunity for economic development in South Afric...Read More
Vale was elected to membership yesterday at the ICA's annual meeting of members in London, taking the number of members to 31 on six continents."We are excited to have Vale join us at this pivotal point when ESG issues and climate change mitigation are driving the industry to positive change," ICA president Anthony Lea said."We are working closely with our members to define the ways in which the c...Read More
3 things that help keep capital projects on trackSPONSOREDproudfootAzure eyes province potential ahead of Andover resourceSPONSOREDazure mineralsAmerican Pacific building US copper positionSPONSOREDamerican pacific miningConcession and pre-construction accelerates world class Potash MineSPONSOREDhighfield resourcesThose rumours have been stoked by a story published in Canada's Globe & Mail tha...Read More
3 things that help keep capital projects on trackSPONSOREDproudfootAmerican Pacific building US copper positionSPONSOREDamerican pacific miningConcession and pre-construction accelerates world class Potash MineSPONSOREDhighfield resourcesAntipa demonstrates high CalibreSPONSOREDantipa mineralsHighlights included 24m grading 5% copper 0.6 grams per tonne gold, 1% zinc and 23g/t silver.Read More
The Havieron PFS was based on an initial ore reserve of 14 million tonnes at 3.7 grams per tonne gold and 0.54% copper for 1.Read More
"In the short term we're facing demand weakening and prices falling in the copper sector," Shearing said during his economic keynote speech.Read More
3 things that help keep capital projects on trackSPONSOREDproudfootAmerican Pacific building US copper positionSPONSOREDamerican pacific miningConcession and pre-construction accelerates world class Potash MineSPONSOREDhighfield resourcesAntipa demonstrates high CalibreSPONSOREDantipa mineralsFirstly, BHP's metallurgical (steel-making) coal mines are spectacularly profitable at current commodity p...Read More
It comes as no surprise copper production declined in 2020 as the world grappled with a global pandemic, particularly in the second and third quarters. As we begin to take steps out of lockdown and vaccination rates increase globally, there has been a slight uptick in production. With another six projects due to move into production within the next two years, production will likely increase furthe...Read More
Antipa demonstrates high CalibreSPONSOREDantipa mineralsGreat Panther Mining's Record Exploration Program Begins to Bear FruitSPONSOREDgreat pantherOzAurum drills in home of goldSPONSOREDozaurum resourcesFirefly shines as new era loomsSPONSOREDfirefly resourcesHeld online in 2020 for obvious reasons, LME Week will feature a much-needed physical element this year, with the LME Metals Seminar ta...Read More
Antipa demonstrates high CalibreSPONSOREDantipa mineralsGreat Panther Mining's Record Exploration Program Begins to Bear FruitSPONSOREDgreat pantherOzAurum drills in home of goldSPONSOREDozaurum resourcesFirefly shines as new era loomsSPONSOREDfirefly resourcesBusiness news services have been peppering audiences with lengthening lists of disrupted manufacturing supply chains preventing consume...Read More
The company said there were no injuries or environmental damage.An investigation into the cause of the fire is underway and the company hopes to restart operations by the end of October.Salobo produced 172,700 tonnes of copper concentrate in 2020.Wheaton Precious Metals Corp holds a gold stream over the mine, which accounts for 33% of its operating net asset value, based on Canaccord Genuity estim...Read More
Antipa demonstrates high CalibreSPONSOREDantipa mineralsGreat Panther Mining's Record Exploration Program Begins to Bear FruitSPONSOREDgreat pantherOzAurum drills in home of goldSPONSOREDozaurum resourcesFirefly shines as new era loomsSPONSOREDfirefly resourcesCritically, Castillo, the leftwing Peru Libre candidate, fired his prime minister Guido Bellido, the ideological pole of his cabinet, r...Read More
Firmly focused on the US, the company recently acquired the highly prospective Humboldt Range gold-silver project in the top-tier jurisdiction of Nevada, to complement its plus-6 million tonne copper resources at its flagship Alaska Range project - where the company has just discovered a third type of copper mineralisation."It's a really exciting development," managing director Dr Frazer Tabeart e...Read More
Antipa demonstrates high CalibreSPONSOREDantipa mineralsGreat Panther Mining's Record Exploration Program Begins to Bear FruitSPONSOREDgreat pantherOzAurum drills in home of goldSPONSOREDozaurum resourcesFirefly shines as new era loomsSPONSOREDfirefly resourcesThe company's high-margin Kounrad copper recovery operations in Kazakhstan continued to deliver consistently, with 4,146 tonnes produce...Read More
"Sometimes the numbers just don't work, and when unconstrained modelling results in a [circa] 9 million tonne supply-demand imbalance in the copper market for 2030, a change of approach is needed,"Read More
In its traditional pre-LME week metals outlook, WoodMac said the price of the red metal would cool "as the legacy of the last period of high prices back in 2017, which led to a high volume of projectsRead More
Highlights from the recent 8,000m drill programme included hole MJ-39 at the new Majadeles zone, which intersected 18.2m of mineralisation, including 12.2m with grades of 1.21% Cu, 4.91% Zn, 2.Read More
Antipa demonstrates high CalibreSPONSOREDantipa mineralsGreat Panther Mining's Record Exploration Program Begins to Bear FruitSPONSOREDgreat pantherOzAurum drills in home of goldSPONSOREDozaurum resourcesFirefly shines as new era loomsSPONSOREDfirefly resourcesMarvel currently holds 51% in the project, with Altus Strategies, an AIM-listed royalty company, holding the remaining 49% The indicate...Read More