JX Nippon buys partner’s stake in Caserones copper mine
Move comes as partner Mitsui & Co. put up for sale its 22.63% stake in the loss-making mine and posted a $67 million loss from the Chile operation.
Latest Stories
Miners should embrace technological change – report
A whitepaper by Honeywell International presents some ideas to stop resisting the changes that the digital revolution has brought to mining operations.
Australia tells the world it is open for business when it comes to critical minerals
The Australian Critical Minerals Prospectus states that the country has a commercial opportunity to build competitive critical minerals export markets.
A new method to monitor soil stability at open-cast mines from space
Scientists are using data from the Sentinel 1 mission to investigate lignite regions in North Rhine-Westphalia in Germany.
Chinese exports growth accelerates in October, imports rise
Imports, on the other hand, slowed surprisingly, due to the moderation of crude oil and coal imports.
Copper price jumps as China turns away Australian concentrate
Copper within sight of June 2018 peak. Australian trader: "If you had a ship full of concentrate floating offshore, you’re rapidly trying to find a home.”
MINING.COM MINUTE: Biggest stories of the week
China to expand ban on Australian imports to copper; Rio Tinto closes Argyle diamond mine after 37 years; Tanzania finalizing permit for its first rare earth mine
De Beers to close Damtshaa mine in Botswana
The miner produced 12.3 million carats in the first nine months of 2020, down 29% from the same period in 2019.
Kirkland Lake’s results boosted by Detour mine
The mine, which Kirland gained through its acquisition of Detour Gold early this year, now accounts for more than 40% of the company’s 2020 free cash flow.