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…
Read MoreBrazilian miner Vale has created a company to sell and distribute iron ore tailings sand as it pushes to reduce material disposals from dams and piles. The new sand company, Agera, is a spin-off from part of Vale and expects to sell 1 million metric tons of sand this year and generate revenue of US$3.57 million (18 million reais), according…
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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.
Read MoreBase metals miner Lundin is reportedly in discussions with Japanese trading houses and large miners to turn over between a 40% and 50% stake in its Josemaria copper-gold operation in Argentina. CEO Jack Lundin said in a Reuters interview that it is conducting risk analysis before finalizing plans with its strategic partners for Josemaria’s development. The executive, who was just…
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Peruvian miner Buenaventura has announced the temporary suspension of some activities at the Tajo Norte mine in Colquijirca, Cerro de Pasco.
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The Ministry of Coal in India has confirmed new executed agreements with six coal mine bidders after a seventh round of auction for commercial coal operations. Full story.
Read MoreExtending an already long-standing relationship with its customer, FLSmith said it recently delivered a trio of its Top Service Design (TSUV) gyratory crushers to a South American copper mine. The new order allows FLSmidth to overhaul existing equipment with newer crusher technologies to boost efficiency for the leading copper miner, the name of which the supplier did not disclose. The…
Read MoreCapstone Copper confirmed the Copper Mark distinction has been awarded to its Mantoverde and Mantos Blancos operations in Chile.
Read MoreVale is starting to implement, in partnership with Vivo, an unprecedented technology infrastructure to extend the reach of the 4G internet signal along the Carajás railroad, which connects the states of Maranhão and Pará, covering 28 cities in Brazil.
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Alderan Resources announced the execution of a binding share sale agreement to acquire 100% of the issued capital in Parabolic Lithium, which has the right to acquire a 100% interest in seven lithium exploration projects in the mineral resource rich state of Minas Gerais, Brazil. The projects cover 472 square kilometers and consist of 24 granted exploration licenses in seven…
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