News
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Sigma Lithium forms strategic alliance with Japan’s Mitsui
In 2012, A10, a leading Brazilian M&A and private equity firm, used its personal capital and partners’ funds to back Sigma Lithium Resources (TSXV: SGMA; US-OTC: SGMLF) and its hard rock lithium project. A10 took the company public and raised its stake from…
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TIN: Industry groups sign MoU on responsible sourcing
UNITED KINGDOM – UK-based International Tin Association (ITA) and US-based Responsible Business Alliance has announced the signing of a memorandum of understanding aimed at promoting the responsible production and sourcing of tin. “Both industry groups pioneered approaches to tackling minerals…
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COPPER: Nevada Copper completes updated prefeasibility on Pumpkin Hollow open pit
NEVADA – Nevada Copper has released a new prefeasibility study for an open pit mine at its Pumpkin Hollow project, where it is building a standalone underground operation that it expects to be in production in the fourth quarter of 2019.…
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GOLD: S&P predicts record gold output in 2019
NEW YORK CITY – S&P Global Market Intelligence is bullish on gold. Its latest report says there will be further growth of 2.3 million oz. in 2019. In 2018 for the 10th consecutive year, gold output grew to 107.3 million…
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COMMENT: Mega-mergers will bring short-lived glory if miners ignore innovation
CHICAGO – The writing is on the wall for Canadian mining companies and it has been for quite some time. Their glory days as a global leaders are fading – and mega-mergers won’t bring salvation. Market signals are already showing…
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GOLD-SILVER: New Gold given environmental nod for Blackwater project
BRITISH COLUMBIA – The federal government has given the environmental okay to the Blackwater gold-silver project 150 km south of Vanderhoof, saying it doesn’t anticipate significant adverse effects. The project is 100% owned by New Gold of Toronto. The project…
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COPPER-GOLD: Lundin to pay $1B for Yamana’s Chapada mine in Brazil
TORONTO – Yamana Gold has agreed to sell its Chapada copper-gold mine to Lundin Mining in a deal said to be worth over $1.0 billion (all figures are U.S. dollars). The mine is located in Brazil’s Goias state and owned…
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TRUCKS: Updated Terex TA300 makes debut at bauma
MUNICH, Germany – Terex Trucks’ 28-tonne upgraded TA300 articulated hauler made its first international trade show appearance earlier this month at bauma 2019. Representatives from Terex were at the event showing visitors how the company’s two articulated haulers – the…
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Ivanhoe tests area near Kamoa North discovery hole
In January, Ivanhoe Mines (TSX: IVN; US-OTC: IVPAF) reported a 22-metre intercept of 13.05% copper at a 2% cut-off in a shallow, flat-lying discovery sitting within 190 metres of surface at Kamoa North, an exploration area on the company’s Kamoa-Kakula mining licence…
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MINERAL PROCESSING: Mining flotation chemicals market to reach $10B by 2020
LONDON, U.K. – A report recently published by Future Market Insights predicts that the mining flotation chemicals market will reach $10 billion by 2020. Mining flotation chemicals are those that help a certain desired mineral float out from the rock surface during…
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COPPER-SILVER: Cupric Canyon Capital secures financing for Khoemacau project
BOTSWANA – A US$565 million funding package brings Cupric Canyon Capital one step closer to turning its Khoemacau project into a major copper and silver mine in northwestern Botswana. The private company has been developing the project over the last…
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COPPER: Taseko produces first copper at Florence test facility
ARIZONA – Taseko Mines of Vancouver has produced the first copper from production test facility at its Florence mine midway between Phoenix and Tucson. This is an in situ project with 24 injection, recovery and monitoring wells. The pregnant solution…
