JCHX closes in on Zambian copper mine deal as China tightens Africa grip
The deal to buy an 80% stake in Zambia's Lubambe copper mine is nearing completion.
The deal to buy an 80% stake in Zambia's Lubambe copper mine is nearing completion.
The company said the loan is "an important financial de-risking milestone" for delivering the Stage 3 and 4 expansions of the Kainantu gold mine.
The Fox Complex comprises several mine properties covering 70 sq.km. along the Destor-Porcupine fault, also known as the ‘Golden Highway’.
Last week, Vale and BHP presented Brazilian authorities with a new offer to settle reparations.
Construction may be delayed due to a lawsuit filed by locals who want the environmental permit for Curipamba-El Domo revoked.
The company has now restarted the process to update the project's prefeasibility study -- targeted for the third quarter of 2024.
China's imports of zinc concentrates fell sharply over the first four months of this year in response to a tightening raw materials market.
Noram's project is within 2 km of Albemarle’s Silver Peak lithium brine mine.
Out of eight teams, Agnico Eagle’s Macassa Mine came out on top – the first provincial victory for the mine since 1986.