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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…
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Voisey’s Bay expansion a go
Cobalt streams to pay for 40% of US$1.7B capital cost
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GOLD-SILVER: McEwen files Fenix PEA, adds to El Gallo life of mine
MEXICO – Toronto-based McEwen Mining has filed a preliminary economic assessment for project Fenix at its El Gallo complex in Sinaloa state. The study says the annual production rate can be boosted to 47,000 oz. of gold equivalent with a…
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GOLD: Kinross to begin expansion at Fort Knox mine
ALASKA – Kinross Gold of Toronto has decided to go forward with the Gilmore expansion at its Fort Knox gold mine about 40 km northeast of Fairbanks. The work is expected to extend the life of mine by six years…
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POTASH: PotashCorp competes Rocanville expansion
SASKATCHEWAN – Saskatoon-based Potash Corporation of Saskatchewan announced on Oct. 12 that it had successfully completed the expansion of its Rocanville mine to 6.5 million tonnes annually. Nameplate capacity more than doubled from 3.0 million t/y, so too did the…
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Rambler plans expansion for Ming copper mine
Expansion is in the works for Ming copper mine
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GOLD: Kinross goes forward with $1B Tasiast, Round Mountain expansions
TORONTO – Kinross Gold is proceeding with not one, but two major expansions. One is the $590-million (all U.S. dollars) expansion phase two of the Tasiast mill in Mauritania, and the other is the $445-million phase W mining expansion at…
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COPPER: BHP pledges $2.5B for Spence mine growth
CHILE – BHP of Melbourne, Australia, has committed US$2.46 billion to expand the Spence open pit, heap leach copper mine in the northern part of the company. The mine is operated by Minera Spence, a wholly owned subsidiary of BHP.…
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ZINC: Lundin completes Neves-Corvo expansion study
PORTUGAL – Lundin Mining Corp. of Toronto has completed a feasibility study for a 50% expansion program at its Neves-Corvo zinc mine in the Alentejo district. The €257 million project includes the installation of a new underground crusher and conveyor…
