Sierra Metals granted key permit for Peruvian expansion
It allows the company to boost throughput by 20% to 3,600 tonnes/day at its flagship Yauricocha copper mine.
It allows the company to boost throughput by 20% to 3,600 tonnes/day at its flagship Yauricocha copper mine.
Mine in Northern Labrador has started the production at its Reid Brook deposit.
Vale is considering the use of remote-controlled trains near the Xingu dam for the flow of its production.
Chinese port stocks drop to four month low while Brazilian exports remain far off guidance.
Top lithium producer also said it would sell $630m of shares to fund expansion overseas.
The collapse of a dam at the Samarco mine complex in 2015 killed 19 people and severely polluted the Doce River with mining waste.
The company received a draft mining permit for the project on June 8, with a final permit expected to follow shortly.
Copper output from biggest producers disappoints with one glaring exception – Freeport McMoRan going underground at Grasberg.
The company in March announced an ambitious plan to increase its production capacity roughly fivefold to 600,000 tonnes of lithium carbonate equivalent a year.
Daniel Jadue, the current front-runner in polls for November’s elections in Chile, wants to align mining rules with Peru, Argentina and Bolivia so they don’t compete for investments.