Argentine president targeted by mob fighting to keep out mines

The company was deemed not eligible for an automatic approval of its drilling permit for the Cerro Hermoso project.

Panasonic said it was unable to determine how much of the cobalt used in batteries it makes for Tesla cars comes from Cuba.

A union representing workers at Lumina Copper's Caserones mine in Chile said on Thursday that contract negotiations with the company had failed, paving the way for a potential strike.

It has decided not to go ahead with a proposed $100-million share sale to help it fund the Mexican project.

Koricancha is located about 50km from Inca One’s own processing facility and the potential to produce 50,000 to 75,000 ounces of gold a year.

From the $939bn invested in major projects between 2008 and 2017, the world’s top 40 mining companies by market cap. wrote-off $273bn or 29% of the initial capital outlay.

Company aims to be the first significant world producer outside of China of dysprosium, used by electric vehicle makers in the manufacturing of engine magnets.

The Maritime-based junior is drilling its Pilar Gold Project in Sonora, Mexico. 

Shares in the miner jumped more than 3% after both quarterly and full-year production rose 3% on improved productivity.