Category: Breaking News

Spence Expansion Was Officially Inaugurated

This week the Chilean Minister of Economy José Ramón Valente visited the Spence mine to officially inaugurate the recently announced expansion, which will create more than 3,000 jobs during construction. The nearly $2.5 billion...

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Centerra Sells Mongolian Subsidiaries

Centerra Gold sold its Mongolian business unit, including the Boroo gold mine and processing facility and the Gatsuurt gold project, to OZD ASIA PTE Ltd. for $35 million. OZD has purchased all outstanding shares and debt of...

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Bunker Defaults on Lease Payment

Bunker Hill Mining Corp. defaulted on its payment obligations with respect to its lease with option to purchase agreement with Placer Mining Corp., the lessor of the Bunker Hill mine. As such, the agreement has been terminated....

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Polydeck Celebrates 40th

On October 11, Polydeck Screen Corp. celebrated its 40th anniversary at the company’s Spartanburg, South Carolina, campus. It was a two-day celebration attended by employees, partners and affiliates. The anniversary merits both...

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Cliffs’ Miners Ratify New Labor Contract

Cleveland-Cliffs Inc. announced on October 12 that its employees represented by the United Steelworkers (USW) at its Tilden and Empire mines in Michigan, and its United Taconite and Hibbing Taconite mines in Minnesota ratified a...

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Evrim Receives Permit, Mobilizes Drill Crews to Cuale

Evrim Resources received its permit to conduct drilling at the Cuale gold project in Jalisco, Mexico, and crews are on site to commence the program. The company has planned a minimum 3,000-m diamond drilling program comprising...

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Hudbay Considers Mantos Copper

By Oscar Martinez, Latin American Editor Hudbay Minerals Inc. is in conversations to buy Mantos Copper SA, a Chilean mining company linked to former Anglo American executives, which is looking for a buyer to finance its...

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IUCN, Newmont Partner on Biodiversity

The International Union for Conservation of Nature (IUCN) and Newmont Mining have established a three-year collaborative agreement to identify ways the company can meet its global targets to achieve no net loss in biodiversity,...

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Finnish Regulators Approve Laiva Startup

Nordic Gold, formerly known as Firesteel Resources, has received written confirmation from Finnish supervisory authority ELY that it has provided all documentation required and can recommence mining and processing operations at...

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Americas Silver, Pershing Gold to Merge

Americas Silver Corp. and Pershing Gold Corp. have entered into a definitive agreement to complete a business combination to create a low-cost, precious metal growth company for the Americas. The transaction pairs two...

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