Rio Tinto has inked a joint venture agreement to progress development of one of the world’s largest undeveloped copper deposits, the La Granja copper project in Peru. Under the proposed transaction, First Quantum will acquire a 55% stake in the project for $105 million. It will also further invest up to $546 million into the JV for capital and operational…
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TNG selects Metso Outotec for Mount Peake study
Australian resource company TNG Limited has engaged Metso Outotec in a feasibility study to reduce carbon emissions at its Mount Peake operation using Circored technology. Read full article.
Read MoreLas Chispas checks in with first silver, gold pour
Canadian-based SilverCrest Metals has achieved the first pour of gold and silver at the Las Chispas mine in Sonora, Mexico. Read full article.
Read MoreBelo Sun’s Volta Grande suffers setback
Canadian miner Belo Sun Mining has received another setback to its Volta Grande gold project in the Pará state of Brazil: the interim suspension of its construction and environmental licenses. A judge with the Agrarian Court of Altamira has suspended the licenses until a socio-environmental study of the riverside peoples, at a minimum distance of 10 kilometers from the project,…
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