Polymetallic producer Buenaventura, owner of the San Gabriel underground gold mine in Peru, said in its earnings report this week the mine will be a heavy focus for it in the coming year in terms of capital spending. In the company’s third-quarter and nine-month 2023 report, Buenaventura said its 9M23 consolidated copper production increased 35% year-on-year; zinc production decreased by…
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Dyno Nobel and Fortescue have agreed on a long-term extension of their supply agreement, which will see Dyno Nobel continue supplying its explosive products and services to Fortescue’s Pilbara mining operations.
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In another bid to control critical mineral supply, top graphite producer and exporter China said it will require export permits for some graphite products to protect national security, reported Reuters. It has already imposed similar restrictions on gallium and germanium since 1 August. Full story.
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Artemis Gold said its Blackwater project in central British Columbia, Canada, remains fully funded and on schedule for first gold pour in the second half of next year despite construction activity being reduced at the beginning of the quarter due to an uncontrolled wildfire. Full story.
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Canadian-based Ero Copper has released the newest update of progress at its Tucumã project in Brazil, confirming that it is over 70% complete and on track for first copper production later next year. Reporting “excellent progress” at the site in Para state, officials said the planned mine’s capex is in line with its current guidance of approximately $305 million. Crews…
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After 60 years of copper mining, Glencore said it will close the Mount Isa Mines’ underground copper operations (Enterprise, X41 and Black Rock) and copper concentrator in the second half of 2025. Full story.
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BHP has reached a preliminary deal with the supervisors’ union at its Escondida operation in Chile, avoiding a strike at the world’s largest producer of copper concentrates and cathodes, reported Reuters.
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U.S.-based Newmont said its shareholders overwhelmingly voted in favor of the proposed acquisition of Australian rival Newcrest Mining. The deal will create a world-class portfolio of gold and copper assets.
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The world’s largest gold operation, Nevada Gold Mines (NGM), has just signed a massive multi-year deal with OEM Komatsu for the delivery of 62 new 930E-5 haul trucks for its Carlin complex and Cortez site, along with several support equipment items. Read full story here.
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Sandvik Mobile Crushers and Screens continues to drive the sustainability shift in the crushing and screening industry with the launch of the fully electric UJ443E heavy jaw crusher, ideal for the mining, quarry and contractor segments. The Sandvik UJ443E is built upon a new ‘fully electric’ track platform and features high quality, reputable componentry throughout, as well as the latest…
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