Core Lithium CEO steps down

Australian producer Core Lithium has announced that Gareth Manderson will step down as chief executive officer, effective 18 March. Current finance chief Doug Warden will assume the role as interim chief executive officer while an executive search is underway. The leadership changes follow a strategic review as the company restructures its business in response to a rapid decrease in prices…

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Panama halts new mining projects

Panama President Laurentino Cortizo declared a total ban on all new mining projects, effective October 27, reported Reuters. Cortizo said the new restriction will apply to both future mining projects as well as those currently seeking permits. The abrupt halt comes as the government defends a controversial extension of First Quantum’s Cobre Panama contract. The deal guarantees the country an…

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Panama to hold referendum on First Quantum mine

After days of protests, Panama President Laurentino Cortizo said the country would hold a referendum to decide whether to scrap a contract with First Quantum’s local subsidiary Minera Panama, reported Reuters. The vote will take place December 17 and its result will be binding.  The news agency said Panama’s government and Minera Panama agreed on a contract which would guarantee…

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Sandvik delivers autonomous drilling tech to Boliden’s Kevitsa

Boliden has selected Sandvik Mining and Rock Solutions to supply two Leopard DI650i down-the-hole (DTH) drill rigs and AutoMine surface drilling systems to enable fully autonomous surface drilling at its Kevitsa mine in northern Finland. Delivery of the two Leopard DI650i drill rigs is scheduled for the current quarter, and the mine’s order also includes a five-year parts and services…

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Lundin Mining buying 51% of JX’s Caserones

Canadian producer Lundin Mining confirmed it is acquiring a majority interest (51%) of JX Nippon Mining and Metals subsidiary SCM Minera Lumina Copper Chile, operator of the Caserones copper-molybdenum mine in the Atacama Region of Chile. The price tag on the deal is about $950 million, including $800 million in cash consideration and $150 million in deferred cash payable in…

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Carmichael’s first coal shipment ready to set sail

Bravus Mining and Resources has confirmed that the first shipment of coal from its Carmichael operation in Queensland has been assembled at the North Queensland Export Terminal and is ready for export. The tonnage was delivered to the terminal over the past few weeks as part of the company’s testing and commissioning of new trains from Bowen Rail. It will…

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