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IRON ORE: Baffinland holds second community workshop for Mary River expansion
QUEBEC – Oakville, Ont.-based Baffinland Iron Mines held what it calls a “risk assessment workshop” for stakeholders who want to know more about the expansion of its Mary river direct shipping iron ore project near Pond Inlet on Baffin Island.…
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GOLD: Leagold describes Los Filos expansion
MEXICO – Vancouver-based Leagold Mining Corp. has filed the feasibility study for expanded facilities at the Los Filos gold complex 180 km south of Mexico City. The project currently consists of the Los Filos and Bermejal pits and the Los…
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GOLD: Lalor annual oz to double, says Hudbay
MANITOBA – Toronto-based Hudbay Minerals has plans to double the annual gold output from the Lalor gold-copper-zinc mine 13 km west of Snow Lake. As part of the plan the New Britannia mill will be refurbished at a cost of…
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GRAPHITE: Northern Graphite to increase Bissett Creek’s production by 20%
ONTARIO – Northern Graphite announced that it is considering increasing annual concentrate production by at least 20% at its Bissett Creek graphite project between Ottawa and North Bay. This would mean integrating an initial production rate of approximately 25,000 t/y into…
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GOLD: Roxgold anticipates strong 2019
BURKINA FASO – Toronto’s Roxgold expects its Yaramoko mine will produce between 145,000 and 155,000 oz. this year at cash costs of US$440 to $470 per oz. and all-in sustaining costs of $765 to $795 per oz. (Monetary amounts are U.S.…
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COPPER: Teck chooses Sumitomo to develop Chilean project in $1.2B deal
CHILE – Teck Resources, Canada’s largest diversified miner, has chosen Japan’s Sumitomo as partner to go ahead with a planned $4.8 billion expansion of the Quebrada Blanca copper mine in northern Chile. Sumitomo Metal Mining and Sumitomo Corporation will pay $1.2 billion to Teck…
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GOLD-SILVER: Goldcorp pours first doré from Pyrite Leach at Penasquito
MEXICO – Vancouver-based Goldcorp has poured the first gold at its Penasquito’s Pyrite Leach project (PLP) in Zacatecas. Commissioning of the plant began in Q3 2018, and it is now treating existing tailings around the clock. “PLP was a major…
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GOLD: Newmont’s Subika underground starts commercial production in Ghana
GHANA – Newmont Mining’s Ahafo mine in Ghana started producing gold from an open pit in 2006 and now the underground portion of the mine has launched commercial production on schedule and within budget. Starting next year, Subika underground will…
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COPPER: Rio Tinto wants a piece of Teck’s copper project in Chile
CHILE – The world’s second largest miner, Rio Tinto, is said to be preparing an offer for a minority stake in Teck Resources’ Quebrada Blanca copper mine in northern Chile. Canada’s largest diversified miner, which in August received regulatory approval for a $4.8 billion…
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LITHIUM: Chilean regulators reject Albemarle’s plans to boost lithium output
SANTIAGO – Chilean environmental regulators have rejected plans by Albemarle Corp., the world’s top lithium producer, to expand output from the Salar de Atacama salt flat, according to filings with Chile’s Environmental Assessment Service (SEA). SEA said in a resolution…
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North American Palladium doubles down underground at Lac des Îles
The story of North American Palladium (TSX: PDL; US-OTC: PALDF) is perhaps best told in threes. In 2003, North American Palladium had just over 3 million oz. palladium equivalent in reserves at its flagship Lac des Îles palladium-platinum-gold-copper-nickel mine in northwestern Ontario.…
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COPPER: Teck seeking partner for Quebrada Blanca expansion
CHILE –Teck Resources of Vancouver is looking for a partner to share in the $4.8 billion phase two expansion at its Quebrada Blanca copper mine. Teck plans to offer up to 30% or 40% of the project to a partner…
