Copper price slumps as dollar touches two-month high

Orvana Minerals’ subsidiary in Spain has plans to reopen the Carlés gold mine, located in the Salas municipality of the Principality of Asturias.

According to the miner, five other rescued employees remain in a stable condition and are making good progress.

The project joins two mines - one belonging to Goldcorp and the other to Teck Resources.

The metals business is one of the largest copper, zinc and lead concentrates merchants worldwide, according to Louis Dreyfus.

A scheduled hearing in a London court Friday was postponed as both sides worked to come to an amicable solution.

The mine, behind schedule ever since it began producing in May 2014, has been affected by a series of technical problems in its ramp-up phase, costing its owners hefty impairment charges.

Megastar Development wants to buy the Rama de Oro project located in the state of Oaxaca.

Seven mining companies submitted a proposal to the Mines Ministry insisting that the government reinsert a stability clause, contained in the 2002 code.

Indicated and inferred gold equivalent resources increased by whooping 208% and 172% respectively, when compared to the project’s maiden mineral resource estimate of 2015.