Boliden partially restarts Ronnskar production after fire, to lay off 190 people The Swedish company expects all production lines at Ronnskar, except the destroyed electrolytic refinery, to be ready for production in July. Reuters | June 30, 2023 | 4:38 am
Electrical accident at Chile’s El Teniente copper mine leaves one dead El Teniente is an underground copper mine located in the Chilean Andes, 2,300 metres above sea level. Reuters | June 29, 2023 | 2:54 pm
Nova Royalty acquires NSR on Newmont’s Saddle North copper deposit in British Columbia Nova's royalty covers nearly 37,000 hectares of BC's Golden Triangle. Staff Writer | June 29, 2023 | 9:20 am
Biden administration aims $2 billion in grants at US electric vehicle transition Auto workers union has warned that a rapid change to EVs could put thousands of jobs at risk. Reuters | June 29, 2023 | 8:28 am
Fixing deep-sea mining damage would be double the cost of extraction — study Ecosystem restoration would cost between $5.3 - $5.7m per sq. km, compared with $2.7m sq. km to mine the seafloor. Reuters | June 29, 2023 | 5:10 am
Researchers find correlation between cadmium exposure and residing close to mine sites in China Urinary cadmium levels were higher in people living near mining areas in China’s Hunan Province than in those living in other places. Staff Writer | June 29, 2023 | 5:06 am
World faces ‘terrifying’ future if miners, regulators don’t step up — Newcrest The mining industry needs to bring online the equivalent of 17 more Escondidas by 2050, says interim CEO Sherry Duhe. Reuters | June 28, 2023 | 5:58 pm
Newcrest eyes major expansion of Red Chris gold-copper project The company plans to decide later this year on whether to add underground block cave mining to its open pit operations. Bloomberg News | June 28, 2023 | 5:54 pm
Hot Chili PEA for Costa Fuego calls for annual output of 209,000 lb. copper, 49,000 oz. gold According to the PEA, the post-tax net present value (8% discount) will be $1.1 billion, and the post-tax internal rate of return will be 21%. Staff Writer | June 28, 2023 | 10:47 am