Erdenet is one of Asia’s biggest copper and molybdenum mines.

On the financial front, Hudbay recorded net earnings of $32.1 million for the second quarter of 2022, compared with $63.8 million in Q1 2022.

The PEA outlines primarily an underground block cave mining operation supplemented with a small open pit, and is planned to operate for 39 years with a peak mill feed production of 170,000 t/d.

Top Ten Canadian-headquartered precious metal juniors that are developing projects but are not yet in production, ranked according to market capitalization.

British Columbia firm looks to unleash a new era of resource extraction, raising questions over how to protect deep-sea ecosystems we know little about.