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Base Metals
 
LEAD/ZINC/SILVER

Namib project development still priority for North River

0 COMMENTS
Aim-listed North River Resources will continue to prioritise the development of its 1.25-million tons Namib lead/zinc/silver project, in Namibia, North River MD Martin French said on Tuesday. French pointed out that the asset had the potential to...
30th September 2014
 
 
COPPER

Newmont Indonesia restarts copper exports; supply overhang looms

0 COMMENTS
Newmont Mining Corp sent out its first copper concentrate shipment from Indonesia this week that ended a nine-month hiatus, highlighting a ramp up in copper mine supply that is expected to tip the market into surplus this year. US-based miners...
30th September 2014
 
 
PRECIOUS METALS

Barrick named exclusive metals provider for medals of Toronto 2015 games

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The world’s biggest gold producer, Canada-based Barrick Gold on Monday announced that it had been named the Toronto 2015 Pan Am/Parapan Am Games’ official metal supplier. The NYSE- and TSX-listed company would supply all the raw materials used...
29th September 2014
 
 
PERMITTING

Seabridge Gold’s KSM project gets early-stage construction permits

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British Columbia-focused project developer Seabridge Gold on Monday announced that it had received early-stage construction permits for its KSM project from the provincial government. The TSX-listed company reported that it had been granted the...
29th September 2014
 
 
EXPLORATION

Ivanhoe Mines reports positive bench-scale testwork on Kamoa, DRC

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Africa-concerned project developer Ivanhoe Mines on Monday reported the positive initial results of bench-scale metallurgical flotation testwork at the company's Kamoa copper project, near the mining centre of Kolwezi, in the Democratic Republic...
29th September 2014
 
 
CORPORATE ACTIVITY

Metallica offloads entire MetroCoal shareholding

0 COMMENTS
Metallica Minerals announced on Monday that it had sold its entire holding of 64.3-million ordinary shares in MetroCoal at 3.2c a share, for gross proceeds of A$2.06-million. “The sale of Metallica’s interest in MetroCoal is timely as it...
29th September 2014
 
 
ACCIDENT

Mining suspended after four killed at Freeport Indonesia's copper mine

0 COMMENTS
Freeport-McMoRan temporarily suspended openpit mining at its Indonesian mine on Saturday, a company statement said, after four people died in an accident at one of the world's biggest copper mines. A collision involving a truck carrying nine...
29th September 2014
 
 
COPPER

Zambia's Copperbelt Energy restores power to Konkola mines

0 COMMENTS
Zambian electricity supplier Copperbelt Energy Corp has restored power supply to Konkola Copper Mines (KCM), it said on Friday, ending a week-long supply restriction stemming from a dispute over an unpaid bill. "It is our hope that in response to...
29th September 2014
 
 
 
 
 
 
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