Zambia says China’s JCHX will invest $300m in Lubambe copper mine
Some of the investment will go toward sinking a new shaft at Lubambe over the next two to five years.
Some of the investment will go toward sinking a new shaft at Lubambe over the next two to five years.
Mineral imports from not only adversaries like China and Russia but also allies and partners can pose key risks to US national security.
Gatos had production of 2.3 million oz. of silver, 19.1 million lb. of zinc and 12 million lb. of lead in Q2 2024.
The Sprott Physical Copper Trust, which began trading in June, holds more than 10,000 metric tons of copper in warehouses mostly in Asia.
A wave of cheap supply starts to build in West Africa.
The world’s 50 biggest miners gained a combined $42 billion during Q2, but the ranks of lithium stocks in the top tier have halved as valuations plummet.
Sixty percent of the projects are within 16 salt flats and over 80% of the proposals considered the use of direct lithium extraction technology.
The Copala resource area currently hosts indicated resources of 83.3 million oz. silver equivalent at 573 g/t AgEq.
Russia's war against Ukraine is increasing the demand for copper, sources told Fastmarkets.
Silvercorp sees potential cancellation of the environmental permit for Adventus' El Domo project as an unmet condition for closing the deal.