Hudbay halts Flin Flon mine
An incident occurred during routine maintenance and inspection of the damage is expected to take several weeks.
An incident occurred during routine maintenance and inspection of the damage is expected to take several weeks.
The Canadian miner is also hiking its dividend by a further 50% to $0.105/share for the fourth quarter.
The companies have formed a joint venture to explore the Anzá project and other prospective “district-scale” gold targets in Colombia.
Gold has recently fallen out of overbought territory and is returning to its five-year mean.
Country still takes baby steps when it comes to research and exploration compared to major producers like Canada and Australia, or even neighbors Chile and Peru.
Company announced that it has entered into a letter of intent with ESV Resources to spin out its interest in the Zancudo Project in Antioquia to ESV.
The consortium’s goal is to install a pilot plant at a Jeddo Coal Company site in Pennsylvania capable of producing 1-3 tonnes of rare earth oxides from coal byproducts.
Wheaton’s planned UK listing by year-end would make it the largest metals and mining company to join the LSE since Glencore in 2011.
Company expects to produce 680,000 to 760,000 gold-equivalent ounces from its four operating mines.
The giant gold-silver project had been shut since 2013 over environmental concerns.