South African president to broker talks on mining job cuts

The $2.7 billion capex project contains 4.2 billion lb. copper, 74.6 million lb. of molybdenum and 15.5 million oz. of silver.

The Chilean state miner plans to raise about $1.5 billion to help fund investments needed to retain its status as the world’s biggest copper producer.

Known as Korali-Sud, the new project will be managed under Mali’s new mining code.

For the year, K92 produced 149,515 ounces of gold, surpassing guidance.