Oroco shares rise on PEA for Santo Tomas copper project in Mexico Over an approximate 20-year mine life, the Santo Tomas project would have total payable copper production (in concentrate) of 4.75 billion lb. Staff Writer | October 17, 2023 | 9:37 am
Vale creates company to sell sand from iron ore tailings The company wants to reduce the disposal of such materials in dams or piles following major disasters. Reuters | October 17, 2023 | 7:43 am
Nigeria to require mining firms to invest in domestic processing Government wants to boost processing and refining of metals like lithium and zinc within the country. Reuters | October 17, 2023 | 7:38 am
Ancient nickel-eating microbes can teach us valuable biomining techniques – study Methanogens are ancient life forms that still exist today. They power their metabolism by breaking down rocks and minerals. Staff Writer | October 17, 2023 | 6:06 am
Rio Tinto cuts Canadian iron ore guidance The Iron Ore Company of Canada, in which Rio has a 60% interest, is now expected to reach 9.3-9.8mt, down from the 10-11mt set in July. Cecilia Jamasmie | October 17, 2023 | 5:30 am
Glencore to shut Mount Isa copper mines by 2025, cut 1,000 jobs – AFR Move will result in the loss of about 1,000 jobs, though it will keep its refinery and smelters open in North Queensland. Reuters | October 17, 2023 | 3:54 am
Newmont starts ramp-up at Peñasquito as strike ends Return to normal operations at Mexico’s largest gold mine is expected to take several weeks, and Newmont vowed to update markets next week. Cecilia Jamasmie | October 17, 2023 | 3:52 am
Winshear Gold moves on from Tanzania project, takes $30 million settlement Winshear is one of three mining companies that have requested compensation from the Tanzania government through the ICSID tribunal. Staff Writer | October 16, 2023 | 4:27 pm
Newcrest reports lower quarterly gold output on maintenance shutdowns Planned maintenance activities at the miner's Cadia, Telfer, Brucejack projects resulted in a lower throughput. Reuters | October 16, 2023 | 3:04 pm