SolGold has signed the exploitation for its flagship copper-gold Cascabel project in Ecuador. The milestone follows the successful contractual negotiations and approval of the term sheet by the government of Ecuador in last summer. The contract and existing legislation and regulations establish the legal and financial terms and conditions required for Cascabel’s development. “The signing of the exploitation contract for…
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Australian-headquartered miner Alara Resources has completed the commissioning and commenced first concentrate production from the Al Wash-hi – Majaza copper-gold mine in Oman. Mine production is expected to ramp up over the coming two to three months toward a goal of 1 million tonnes annually. The miner said shipping of the first sale, about 1,000 dry metric tons of copper…
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Rio Tinto and the Mongolian government – both owners of the massive Oyu Tolgoi copper-gold mine in the South Gobi region of Mongolia – have officially commemorated the start of underground production from the operation. Full story.
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