Sagittarius Mines (SMI) said it has obtained its 2023 business permit for its biggest mining project, the Tampakan copper-gold property in Mindanao, Philippines, after a legal battle involving tax assessments. Read the full story here.
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Canadian miner First Quantum Minerals (FQM) has placed an additional order with Metso for the delivery of minerals processing equipment to their Kansanshi copper mine S3 expansion in Zambia.
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In an effort to strengthen its supply of copper in the United States, Rio Tinto said it is making several investments — totaling $918 million – at its Kennecott complex outside of Salt Lake City, Utah. Full story.
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Sandfire Resources said that its new Motheo mine in Botswana’s Kalahari Copper Belt has produced first copper concentrate with the introduction of ore to the SAG mill.
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The Copper Mark is collaborating with the Automotive Industry Action Group (AIAG) to back and encourage ethical, responsible sourcing and production of raw materials in the global supply chain.
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Panama Deputy Environment Minister Diana Laguna said the country will not allow Canadian miner First Quantum to expand the area of its existing copper mining operations, reported Reuters.
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State-owned Saudi Arabian Mining Co. (Ma’aden) has agreed to form a joint venture with the kingdom’s sovereign wealth fund to invest in mining assets globally, reported Reuters. Ma’aden will own 51% in the venture while the Public Investment Fund will own 49%, the company said in a regulatory filing. The miner said the new venture’s strategy “will initially be to…
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Engineering group Fluor has been selected by Eldorado Gold subsidiary Hellas Single Gold Member for an engineering, procurement and construction management (EPCM) contract at the Skouries gold-copper operation in the Halkidiki Peninsula, Greece. Fluor’s scope of work includes infrastructure, non-process facilities, process area and tailings filtration. The contract, booked in the firm’s fourth quarter, is worth US$845 million. Fluor’s Vancouver…
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Anglo American, following the receipt of final regulatory clearances and after successful testing, has started long-awaited commercial operations at its Quellaveco mine in Peru. Chief executive Duncan Wanblad said the mine, which is expected to produce 300,000 tonnes annually of copper equivalent volume on average over the first decade of life, could add as much as 10% to its global…
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Chilean miner Antofagasta has confirmed it will start operations at its new desalination plant – part of its $2.2 billion expansion of the Los Pelambres complex – this year, as facility construction is 86% complete and marine works are 87% done. The plant at the port of Punta Chungo, Los Vilos, was designed for water management amid an extensive drought…
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