MOLYBDENUM EXPLORATION – Drilling expands Moly Brook deposit

Brazilian oceanographer Leticia Carvalho has been elected the next secretary-general of the ISA, a leadership change that could slow the rush to strip-mine deep sea ecosystems.

Two native village corporations had sued the Environmental Protection Agency for its veto against the proposed mine.

The Canadian miner is acquiring an additional 19% interest in the copper-molybdenum mine in Chile for $350 million.

Gibraltar is the second-largest open-pit copper mine in Canada.