Report – mining majors adopted a conservative approach after the 2015–16 market downturn focusing on cost cutting, productivity and expanding liquidity.
The US government is working to help American miners and battery makers expand into Canada, part of a strategy to boost regional production of minerals used to make electric vehicles and counter Chinese dominance.
The holes were drilled as part of a 30,000-metre program and are expected to “positively impact” existing resources by growing the indicated inventory.
State-owned company will suspend copper mining for two weeks from Friday because of a steep rise in coronavirus infections in the South Pacific nation.