Contango ORE stock plummets as costs rise at Alaska gold mine
The cost rise relates to an overall reduction in the amount of ore being transported annually by approximately 20%.
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Top copper miner Chile gets back to pre-pandemic output levels
Mines including those operated by Codelco and BHP Group churned out 492,804 tonnes in October.
Global aluminum producers seek Q1 Japan premiums of $230-$260
For the October-December quarter, Japanese buyers agreed to pay a premium of $175/t, up 1.7% from the prior quarter.
Mining People: Forge Resources, DFR Gold, Canary Gold, Kutcho Copper, Talon Metals
Key moves in the mining sector.
Colombia to set up reserve zones amid miners’ concerns
Designating certain areas as temporary reserve zones will effectively restrict extraction and exploration in those areas, companies warn.
Botswana Diamonds gets environmental nod for Thorny River
Company expects the mining permit to be granted within the next six weeks, following further community consultations.
Resolute Mining forks out further $50 million to Mali for detained employees
The miner's top boss Terence Holohan and two other employees were released by Mali government, the company said in a statement on Nov. 21.
Platinum Group partners with Saudi firm for smelter amid South African export hurdles
The partnership with Ajlan & Bros includes a $4 million feasibility study split 50/50.
Lumina Gold secures improved Ecuador terms with Cangrejos mining permit, analyst says
The contract includes $25 million in advance royalty payments to the government split into four stages.
