Mundoro partners with Vale to explore for copper in US
Mundoro has a string of projects focused on copper and gold in eastern Europe.
Mundoro has a string of projects focused on copper and gold in eastern Europe.
Avino is acquiring La Preciosa from Coeur Mining for a cash total of $20 million.
Deal includes the Nacala logistic corridor, a port and rail project connecting the mine to the port of Nacala.
The Brazilian mining giant said that the deal is linked to its strategy of focusing on its core businesses and a commitment to a leaner portfolio.
GoGold is planning 100,000 metres of drilling next year to expand the resources.
It now expects to produce 315-320 million tonnes this year, compared with previous guidance of 315-335 million tonnes.
Vale is starting to extract sand from material left over from iron ore processing to supply civil construction projects in Brazil.
Both Vale and German safety auditing firm TUEV SUED were charged with several crimes against animal life, flora, water resources, and other counts of pollution.
Management of the miner plan to seek board approval for guidance of between 330 million and 350 million tonnes for 2022.
The plans for the project, which has a capacity of 14 million tonnes per year and a lifespan of 29 years, have been revised to reduce its environmental impact.