Mitsubishi Materials completes Chile’s Mantoverde copper stake deal

"The run-up in base metal prices, particularly after the US Presidential election, may be getting ahead of fundamentals."

Cornish Lithium Limited is hoping to lead the development of a lithium industry in the UK after acquiring the rights to drill for the mineral in the ancient mining region of Cornwall.

Company will perform the work and federal government will contribute about half of the more than $600 million cleanup costs.

The amicable divorce ends a six-year-old exploration joint venture originally set to find copper deposits in China.

The strike has not had a significant impact on mine and consolidated production, the company said.

Companies claim land transfer is de facto expropriation without consultation.

For companies servicing the mining sector, project opportunities have declined significantly in the past few years.

Imperial Metals applied for a permit to release water from Mount Polley tailings pond in 2009 – and still doesn’t have one.

Losses come despite huge drop in the dollar and consensus forecasts point to further declines in 2017.