Panama won’t allow First Quantum to expand copper mine operations

A prefeasibility study is due to be completed in the first half of next year.

“Most of the big deals are done,” says Haywood Securities mining analyst.

The company plans to mobilize a second diamond drill to expedite its Wicheeda REE deposit resource expansion and drill program in British Columbia.

Maple Gold plans to release an updated Douay resource estimate by the end of the year.

Vale will utilize Rosenbauer’s 6x6 Panther to in the remote, northern location.

Miners are racing to raise money and expand projects, with global demand for the electric-vehicle battery metal set to soar in the coming decade.

Of Yamana’s five operating mines, three are generational: Canadian Malartic, Jacobina and El Penon.

The troubled gold miner operates the Sugar Zone mine in Ontario and lowered its guidance earlier this year.

Key moves in the mining sector.