Peru says IMF sees leeway to hike taxes on mining sector

As part of the PEA, the miner is re-evaluating the Alacrán mineral resource estimate.

According to the Tsilhqot’in, the provincial permit allows Taseko to clear 76 kilometres of new or modified road and trail, and drill up to 122 test holes near the Fish Lake area.

Among its aims are "the exploration, exploitation and commercialisation of minerals", forest logging, security, transport, construction and "all financial, investment and project financing operations.

Workers "decided unanimously to initiate a walk-off beginning the first shift on Friday, June 14.

Zambia will fine and break ties with mining firms that fail to operate according to the southern African country's laws, President Edgar Lungu said on Thursday.

Discovery comes on the heels of a government's study showing the miner's Cascabel project will be one of the world’s ten largest copper, silver and gold mines.

In its heyday during the commodities supercycle of the early 2000s, Red Kite managed about $3.5 billion and was responsible for supplying about 15% of the copper China was consuming.

CEO Juergen Schachler has been released from his duties, effective immediately.

Freeport agreed to build a copper smelter in Indonesia within five years of closing a deal last December with the Indonesian government on the operatorship of the giant Grasberg copper mine.