Category: Breaking News

Columbus Gold Will Buy Interest in Maripa Gold Project

Columbus Gold Corp. has entered into an agreement with IAMGOLD Corp. to acquire up to a 70% interest in the Maripa gold project, located in French Guiana, France. “With mine permitting well under way at the Montagne d’Or gold...

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Teck Gets Regulatory Approval for QB2

Teck Resources said it has received regulatory approval for its Quebrada Blanca Phase 2 (QB2) project in the Tarapacá Region in northern Chile. The regional Environmental Committee of Tarapacá voted to approve the project’s...

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Hexagon Acquires Guardvant

Hexagon’s Mining division announced the acquisition of Guardvant, a provider of integrated safety solutions for the mining industry. Based in Tucson, Arizona, Guardvant specializes in advanced technologies that help mines to...

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Glencore Brings More Base Metals to Market

According to its recently released production report for the first half of 2018, Glencore’s copper production grew to 696,200 metric tons (mt), which was 53,300 mt (8%) higher than the first half of 2017. The real story,...

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First Quantum Reports Record Quarterly Copper Sales

In its second-quarter earnings statement, First Quantum reports quarterly copper sales of 152,403 metric tons (mt) and a production figure of 150,950 mt of copper. The company reported a 28% increase year-over-year at the...

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Kinross Halts Phase 2 Expansion of Mauritania Mine

Gold miner Kinross has decided to pause Phase Two activities at its Tasiast mine following a decision in early May by the government of Mauritania to reject a permit and a desire to enter into discussions about the miner’s...

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Lundin Mining Initiates Takeover Bid of Nevsun

On July 26, Canadian base metals miner, Lundin Mining Corp. made an offer to acquire all of the issued and outstanding common shares of Nevsun Resources Ltd. for approximately C$1.4 billion (US$1.1 billion). Under the terms of...

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Metso to Supply Pellet Plant to JSW Steel in India

Metso has won a significant order to deliver a pellet plant, including grinding, filtration and a pyro-processing to a large-scale steel operation of JSW Steel Ltd. in India. This new order is Metso’s largest global pellet plant...

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