Peru copper output seen growing to 3mt in 2024, minister says The Chalcobamba project is expected to help Las Bambas eventually boost its output to approximately 400,000 tons of copper annually. Reuters | March 8, 2024 | 7:26 am
AI can potentially estimate global environmental destruction due to road development for mining Australia-based researchers trained three machine-learning models to automatically map road features in rural, generally remote and often forested areas. Staff Writer | March 8, 2024 | 6:06 am
Perseus extends OreCorp takeover bid to April Perseus and Silvercorp are vying for OreCorp’s Nyanzaga gold project in Tanzania, slated to produce 242,000 oz./year over its first decade. Cecilia Jamasmie | March 8, 2024 | 3:55 am
Karora in merger talks with Ramelius Resources The Canadian gold miner has its integrated Beta Hunt Gold Mine and Higginsville Gold Operations in Western Australia. Staff Writer | March 7, 2024 | 10:37 am
Dundee Precious Metals sells Tsumeb smelter in Namibia for $49 million Dundee acquired the smelter in 2010 to secure a processing plant for the complex concentrate from the company’s Chelopech mine in Bulgaria. Staff Writer | March 7, 2024 | 10:00 am
China splurges on gold for a 16th month as price hits record Bullion held by the People’s Bank of China rose by about 390,000 troy ounces last month. Bloomberg News | March 7, 2024 | 9:28 am
OceanaGold eyes fast-tracked permitting for New Zealand project under new gov’t Waihi North is a proposed underground mining project in New Zealand anchored by the Wharekirauponga development. Staff Writer | March 7, 2024 | 8:29 am
Polymetal shareholders approve sale of Russian assets Shareholders approved the sale of its Russian assets to a Siberian gold miner. Reuters | March 7, 2024 | 6:53 am
Fortuna Silver takes $90.6m charge on Mexican mine closure It will cease activities at its San José mine in Mexico this year, six months earlier than planned, due to rising costs and depleted reserves. Cecilia Jamasmie | March 7, 2024 | 4:19 am